Top Misconceptions about Medicare Advantage Plans “I’m still on Medicare.” If you are on an Medicare Advantage Plan, you are not covered by Medicare A and B. How we can help: Medicare Supplement plans work in tandem with original Medicare, meaning your medical expenses can be covered at 100%. “My medical needs are covered.” Under […]
Medigap Plans – Selecting Your Medicare Supplement Policy
There are many medigap plans to choose from. Let’s take a minute to understand Medicare together.
Medicare is our country’s health insurance program for people age 65 or older. While Medicare covers many health needs of the senior community, it was not designed to cover everything. Original medicare does not provide comprehensive coverage for all types of medical expenses, hence creating a need for something to fill in the “gaps”.
This is where Medicare Supplement Insurance, also known as Medigap, comes in. Medigap policies perform as their name implies by filling in the gaps not covered by Medicare. Medigap provides supplemental coverage to pay for expenses that Medicare Parts A and B do not cover. There are 10 Medigap policies that provide coverage standardized by Federal and state laws for your protection. While each plan offered for a given letter provides identical coverage, the premiums vary from one carrier to another.
One thing many seniors are finding out too late is there is no annual cap on Medicare out-of-pocket costs…. No limit to how much beneficiaries may be required to pay if they get very sick or have an expensive medical condition. As over 10 million Americans have already seen, it makes sense to buy a Medigap policy to mitigate that possibility. Protect yourself. Protect your loved ones.
Although Medicare Supplement Insurance is standardized by the federal government for your protection, individual insurance companies can charge different fees for the same amount of coverage. For example, Company 1 can charge $192.50/month for Medicare Supplement Plan L. Company 2 can charge $100 for the exact same coverage of Plan L. This is a $1110 saving per year!
At Plan Medigap we work to inform you on all of your options, reducing your monthly premiums and saving you the maximum amount of money possibly. Get your Medical Supplement Rate today! See why seniors across America are trusting PlanMedigap to inform & provide the coverage they need… At GREAT savings you can get excited about!
STEP 1: Contact PlanMedigap.
We have licensed PlanMedigap Specialists ready to discuss your needs with you and get you on the path to the coverage you need.
Free phone consultation: 800-750-2407
Free online quote: Request and Quote Online
STEP 2: Compare Plans and Rates. Your PlanMedigap Specialist will provide you with the available plans & pricing in your area. Review plan options & compare company rates Provide you with information you need.
STEP 3: Review Options Review the options and determine which one fits your needs.
STEP 4: Complete Application. Your Plan Medigap Representative will ask you a series of questions which will be used to complete the proper Medicare Supplement Application.