Medigap Supplemental Insurance Plans

For those who do not know what Medicare it is the federally provided insurance that covers the millions of American seniors who have qualified for and been accepted to receive Social Security payments from the Federal Government. The insurance premiums are paid directly from your Social Security check , so you never really see it. Unfortunately, much like all other insurance plans available across the country, Medicare does not cover everything at 100%. This will leave a gap in the total coverage that each covered senior have and that would leave them responsible for the balance. One of the big reason for this is because the cost of healthcare has gotten way too out of control. Fortunately, there are plans available that are designed to fill the gap beyond what Medicare Part A and Medicare Part B cover. These plans are government approved and are referred to as plan A all the way through plan L. Each one of these Medigap insurance plans are federally regulated in order to attempt...

If you live in Tennessee and are looking for Medicare Supplement plans, which are in purchased in addition to Medicare Parts A and B of the federal Medicare program, you can opt for Medigap coverage . There are 10 different plans to choose from for Medigap plans in the state of Tennessee , but not all insurance companies offer all 10 plans. And if they do, you’ll notice that some might be more expensive than others. Also, some plans are more advantageous than others, with a few of them being Medigap Plan F, Plan G and Plan N. It doesn’t matter which plan you get, the gaps that the original Medicare has will be filled in by the various plans in varying degrees depending on the plan. Depending on what Medigap plan you choose a different percentage and number of gaps will be eliminated. If you really want a comprehensive Medigap plan, you should opt for Plan F, as it is thought to be the most advantageous since it pays both Medicare deductible and the 20% that it doesn’t cover at hospit...

Medigap is a health insurance policy that is sold by private insurance companies to fill the “gaps” in Original Medicare. There are various Medigap plans available in Michigan.  It is a good idea to understand what Michigan Medigap insurance plans cover to choose a plan that best fits your individual health and budget needs. When it comes to Medigap it is important to note that it is a supplement to Original Medicare Part A and B in Michigan and is not meant to replace this coverage.  In fact, you must remain enrolled in Medicare Part A and Part B for hospital and medical coverage and be current on your premiums to participate in Medigap.  In addition, be aware that Medigap plans in Michigan do not offer prescription drug coverage.  To receive prescription coverage, you must purchase the stand alone Medigap Plan D, prescription drug plan. Standard Medigap Plans In the state of Michigan, private insurance companies offer ten standard Medigap plans that partici...

Are you 65 or is your 65th birthday around the corner? Are you enrolled in Medicare Part A and Part B? You have a six-month open enrollment period that begins on the first day of the month in which you are 65 or older. Therefore, this is the best time to start shopping for a Medigap insurance policy. Also known as Medicare supplement insurance, Medigap policies are guaranteed, regardless of the condition of your health and are sold by private insurance companies to fill in some gaps in the coverage you get from Medicare, as long as purchased within your open enrollment period. Consider the following benefits o f purchasing Medigap : Medigap Supplements Original Medicare Medigap is a private insurance policy that picks up where Medicare leaves off, helping you cover co-payments, coinsurance, deductibles, including services such as medical care outside the U.S. This additional cover may not be “necessary” if you already have a supplemental retiree health insurance through a form...