Retirement should be a time in a person’s life where they are carefree and can just enjoy life without work and worry. Of course, that’s not always the case. Many retirees have scrimped and saved throughout their entire career and don’t want to risk losing everything because of insurance benefits that are not covered in […]
If you have decided to compare Medicare plans, you must be deciding which plan works best for you. There are four types of Medicare plans. We will start with Part A and explain what each individual plan offers coverage for. It is required that you sign up for Part A. Part A Medicare plan deals […]
Just deciding which way to go when choosing from the combination of different types of healthcare coverage is confusing for many people eligible for Medicare. For most people, having choices is a very good thing. But what about when you have thousands of plans to choose from? What about the deductibles?
Choosing the Right Program For […]
Medigap Insurance covers the “gaps” that are present in Medicare. These “gaps” are things that aren’t covered by Medicare, which covers a lot of medical expenses. Some of them may surprise you. But it doesn’t cover everything. That’s where Medigap insurance comes into play.
Who Is Eligible for Medigap?
Medigap is available to people who have Medicare […]
When selecting the right Medigap policy, one of the most important considerations is the Medigap insurance rates of each and every plan that you consider. In a perfect would, we would love to have the best coverage for the lowest price possible, but in real life we all know this is not going to happen. […]
If you have Medicare eligibility, you should consider getting one of the insurance plans that are available to you. Very few people become eligible for insurance and decide that Parts A and B are enough coverage. There are just too many holes in Medicare not to consider purchasing a Medigap policy or joining an Advantage […]
People with Medicare can obtain their medical care through original Medicare or the Advantage Program (Part C). Advantage Plans consist of HMO, PPO, Private Fee for Service Plans and Special Needs Plans. Of the more than 10 million individuals enrolled in Advantage Plans, the majority are enrolled in HMO’s (Health Maintenance Organizations) which have been […]
When you consider the Medicare Plans from a top-level view, you really have only three options. Understanding the types of plans available will enable you to compare on an individual and side-by-side basis to determine which is the best plan for you. The first option is the one that you have every year; that is, […]
For the uninitiated, Medicare offers health cover to seniors, as well those with disabilities. This is a part of the federal program, and is cheaper compared to private healthcare programs. However, even Medicare comes at a cost, and the policy holder needs to pay for premiums, deductibles and services. The good news is that you […]
Medigap is a supplemental health plan for individuals above 65 years of age, which can be bought from any private health insurance company. It is an effective way to account for expenses that are not covered by the regular Medicare plan. These expenses may include co-payments, deductibles, as well as coverage for those traveling outside […]