Because Original Medicare doesn’t cover everything, it is highly recommended you purchase additional coverage. Otherwise, you are leaving yourself open to potentially limitless hospital bills. Your top two choices for additional coverage are a Medicare Supplement or Medicare Advantage plan. There are advantages to both.
About Ken Boesch
Ken Boesch, has long been recognized as a leading authority in the Senior Health Market. Throughout his 27 year career, he has specialized in product development, product distribution and direct sales. Focusing on the Senior Market, Ken has provided Medigap coverage to over a million individuals.
Entries by Ken Boesch
So you’re turning 65, and you may be asking yourself “Do I need a Medicare Supplement.” The answer is yes. Your Orginal Medicare benefits will only cover about 80% of your eligible medical expenses. In this post, we’ll look at two of the potentially costliest Medicare Supplement benefits you cannot afford not to cover.
Florida Medicare Supplement premiums can prove to be a very real challenge to many Florida Medigap Eligibles when shopping for affordable coverage. When comparing Medicare Supplement Plans in Florida, it is critical to compare all of the available options in your area.
The Mutual of Omaha Medicare Supplement Plans are highly competitive in a significant portion of the country. Depending on the Medigap Plan, they often offer the lowest rates available.
Commonly thought of as one, AARP UnitedHealthcare is actually two separate organizations. AARP is a membership program for Americans age 50+. UnitedHealthcare is an Insurance Company specializing in Medicare Supplements.
If you are looking for a Georgia Medigap Plan M, your options are very limited. A Medigap Plan M is an excellent choice when shopping for Medicare Supplements, but only at the right price. When evaluating Medigap Plans in Georgia, there are clearly better health coverage options.
Medicare Supplements, also known as Medigap Plans have rates based on actuarial formulas and tables. By understanding circumstances that represent a lower risk, some Medigap Companies can save you money.
Depending on the rate in your area, a Medigap Plan G, is worth some serious consideration when shopping for Medicare Supplements. Here are the Top Five Reasons to Buy a Medigap Plan G
Medicare Supplement vision coverage only applies to exams, procedures, and therapies covered under Original Medicare Part A and Part B. There are no covered benefits beyond what Medicare offers.
Companies offer free comparisons with the hope of eventually selling you a Medigap Plan. Just remember, you are always the one in charge. With so much competition you can be very selective in choosing who to work with. There is no reason to tolerate poor service or high-pressure sales tactics.
If you are shopping for a Medigap Plan G in Georgia, consider Omaha Insurance Company. As a subsidiary of Mutual of Omaha Insurance Company, they offer the peace of mind of a strong financial foundation and one of the lowest rates in the state.
When comparing the benefits of Medigap Plan L, you will notice a cost-sharing structure similar to Medigap Plan K and Medigap Plan M. With Plan L you share certain costs at 75% until a maximum annual out-of-pocket limit of $2,480.
Medigap Plan M and Medigap Plan N offer a different approach to Medicare Supplement coverage. Both Plan M and Plan N cover the same 7 of 9 Medicare Supplement Benefits, but they do it with additional cost-sharing and copays.
A Medicare Part D Formulary refers to the entire list of prescription drugs covered under a Part D Prescription Drug Plan (PDP). The list is usually divided into groups. These groups are based on your cost under the plan and referred to as tiers.
If you are enrolled in Medicare Part B, your Medicare Supplement Open Enrollment begins the first day of the month in which you turn 65 and lasts for six months. If you’re concerned about forgetting the dates. Don’t worry. You will be inundated with Medicare Supplement marketing material. And you thought nobody cared about your birthday.
There is a wide selection of options when comparing Georgia Medicare Supplement Rates. In this post, I’ll explain these options along with the different variables affecting the price of Medigap Plans in Georgia.
Let’s discuss Medigap Plan N Copays. The unique feature of having copays on a Medicare Supplement sets Plan N apart from the other standardized plans. At first, it may seem complicated, but when broken down into its two parts, it is really quite simple.
If you are turning 65 and a Florida resident, you are certainly familiar with the AARP Plan F Medicare Supplement (Medigap Plan). The plan is underwritten and administered by UnitedHealthCare Insurance Company. In most areas of Florida, it is very often the plan with the lowest price, but before purchasing, there are other options you will want to consider.
While shopping for Florida Medicare Supplements, you will be faced with a wide variety of options. With over 2.4 million seniors enrolled in Original Medicare Part A and B, companies are eager to do business in the state. Along with the standard plans offered, Florida has other money-saving choices, like Medicare Select and High Deductible Plan F. In this post we will explain all of your coverage options.
Today, the available Medicare Supplement companies to choose from is larger than ever. When shopping for coverage, your priority should be picking the best plan for your needs. Second, you will want to compare the rates of all the companies offering that particular Medigap Plan.