Medicare Supplemental Insurance Coverage: Is It for You?
Medicare was not established to be a one size fits all type of insurance plan. It was never intended to cover all medical expenses for all enrollees. This is one of the many reasons that Medicare Supplemental Insurance Plans were created; to cover the gaps in medical expenses and Medicare coverage. There are currently twelve… Read more
Fully Utilizing Medicare Supplement Insurance Plans
Medicare is meant to provide medical insurance to the seniors of this country. However, with all the added reliefs in the programs offered by Medicare, there are certain additional coverages that the government allow individuals like you to obtain from private insurance companies. These are summed up in a collective term known as Medigap. Before… Read more
Ten Important Facts about Medicare Supplemental Insurance Plans
Are you a senior on Medicare? You probably know that the plan does not cover all the health insurance benefits you need. This is exactly where a Medical supplemental insurance plan becomes important. Also referred to as Medicare gap or Medigap coverage, it has a variety of benefits that supplements the costs that Medicare does… Read more
Comparing Medicare Supplemental Insurance Plans
Medicare supplement insurance was designed to cover holes and gaps in basic Medicare parts A and B for qualifying seniors within the age range of 65 and those with disabilities under the age of 65. Medicare is a health insurance program funded by the government designed to help seniors pay for their medical and health… Read more
When Can You Sign Up for Medicare Supplement Plans?
Medicare supplement plans are designed to cover out-of-pocket costs which include deductibles, coinsurance, co payments, and costs that are not covered by Medicare part A and B. The best time to sign up for a Medicare Supplement plan is typically during the Medicare Supplement Open Enrollment period. During this period, you would not be subjected… Read more
4 Common Misconceptions About Medicare Supplemental Insurance
Also known as Medigap, Medicare supplemental insurance can be used together with Original Medicare Part A and Part B to help cover additional out-of-pocket expenses. For example, deductibles, coinsurance, and copayment as well as other benefits such as paying partial or even full coverage for overseas travel emergency care, Medicare Part B excess charges, and… Read more
Five Reasons to Enroll in a Medicare Supplemental Insurance Plan
Medicare may cover some of the costs of your healthcare, but it doesn’t cover everything. For some Americans, there can be a lot of out-of-pocket expenses that can make it harder to make ends meet. Some of this gap can be filled with Medicare supplemental insurance plans. Let’s cover five good reasons why you… Read more
Improvements To Medicare Supplemental Insurance Plans
Medicare Supplemental Insurance Plans are part of a federal health insurance program created for people over the age of 65. It is sold by private companies to supplement Original Medicare benefits. It offers coverage for services such as overseas travel and can be used to help pay some of the costs that are not covered… Read more
Tennessee State Medicare Facts
There are over 1.2 million residents receiving Medicare benefits in 2015 – That is 19% of the entire state population 21% of beneficiaries that became eligible in 2013 were disabled A little less than 1.0% of recipients that started receiving benefits in 2013 were diagnoses with End State Renal Disease (ESRD) Choosing the Correct TN… Read more
Beginners Guide to Medigap
As we get older, it is customary to rely on healthcare insurance to meet the unexpected medical expenditure. Our financial assets can get depleted in no time even if we suffer from a single serious health disorder. In order to bridge the gaps in your original Medicare coverage, a Medigap policy is offered by a… Read more