Medicare Supplement Plans
Since the beginning of Medicare the government has never intended to provide full coverage for those who have Medicare. There have always been “gaps in coverage”. So the “Medicare Beneficiaries” or those who have Medicare Part A and/or B, were left with gaps in coverage with no limit to how much out of pocket they may have to pay each year. Insurance policies were made available to provide protection for those unforeseen costs and medical expenses.
These policies are referred to as Medicare Supplement or Medi Gap Plans. In these plans, you are still enrolled in Medicare itself, as well as the private insurance. The Medicare will cover the majority of the healthcare bills and the private insurance covers the extra co-payments and deductibles. There are currently 10 different types of Medical Supplement plans labeled by letter that are standardized across all insurance companies; however, premiums and customer service from those companies can vary. This means the coverage is the same no matter which company sells the plan.
- 10 standardized plans
- Enroll in Medicare & private insurance
- Covers extra co-payments & deductibles
Each state has many Medicare Supplement/Gap plans to choose from. We have done our best in narrowing down the choice to the companies who have a great track record for not only being fairly priced but also provide great service for the premium. Helping our clients choose a plan that is right for them is our goal every time.
