Tag Archives: Medicare supplemental

What Is Medicare Supplemental Insurance Or Medigap And What Are Some Benefits

Many older Americans are asking the question, what is Medicare Supplemental Insurance. If you are disabled or over the age of 65, you probably have medical insurance from the government, known as Medicare. This type of coverage has several parts and pays for certain things. However, there are many things that this coverage does not pay for, and you may wish to take out additional coverage in the form of a supplemental policy called Medigap. This type of policy can be of great value. Continue reading

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The History Of Medicare And Its Evolution Over Time

Medicare it a national government health care insurance program designed mostly the benefit of seniors, aged sixty-five and older. Medicare also has provisions for younger people with certain disabilities and for patients with end stage renal disease. Some would say that the history of medicare goes back to 1945 when Harry Truman was President of the United States. At the very least, Truman’s efforts to establish a national health care plan were the beginning of the idea that ultimately resulted in today’s Medicare. Continue reading

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Medicare Supplement Insurance New Changes

Medigap, or Medicare Supplement Insurance as otherwise known, is to see some changes in 2010. This is private insurance provider cover for the costs not covered by federally funded Medicare. Medicare is the health insurance program for Americans and permanent residents aged sixty-five or above and those who are disabled or are suffering from certain illnesses. Only those eligible for Medicare are eligible for such policies. Continue reading

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Medicare Supplement Plans – Are You Paying Too Much?

Although the government set out to create Medicare supplement plans in the 1990s as a uniform plan for additional health insurance for Medicare customers, it’s not exactly all the same like many people think. It is similar, but each state has its own laws and regulations regarding what is available and accepted as a supplemental insurance plan. That’s why you need to take the time to learn about your state’s policies and procedures regarding Medicare coverage before you can even consider buying supplemental plans. Knowing your specific options is as simple as finding a Medicare resource that lists options by state, or has you input basic information like your age, zip code, and health status to get a list of what’s available in your area. Continue reading

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Medicare Supplements – No Surprises Here

Medicare supplements were designed to coincide with existing Medicare coverage so that people could get the medical care that they need with fewer expenses and without having to worry about how they’re going to pay their bills. The plans are affordable, and were standardized by the government so that there are no surprises and no one is caught off guard by a surprise deductible, stipulation, or other issue. Medicare supplement plans are very well known for putting all the cards on the table at all times. There are 12 plans and 14 if you count the high deductible options for plans F and J, and they are all pretty much the same. They have a few differences here and there, but good luck spotting them. Continue reading

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