Sunday, September 29, 2013

The Benefits Of Medigap Insurance Or Medicare Supplement Insurance Plans

One of the primary issues affecting millions of Americans (and their budgets) who currently have Medicare Advantage plans are the annual changes that are constantly being made to the benefits structure.  In many cases, these individuals are seeing their benefits decline while their out-of-pocket expenses and premium costs continues to rise.  The right Medigap plan (Medicare supplement insurance plan) can help you pay for those rising health care costs.  The following content highlights some of the key benefits of these particular plans.

Without a doubt, the biggest benefit is that the gaps in your Medicare insurance will be covered.  In some cases, this includes certain deductibles as well as any co-insurance and co-payments.  In addition to this, many supplement plans adapt automatically to the annual changes to Medicare deductibles and co-insurances.  Additionally, the cost for Medigap coverage is determined by the amount of coverage that is needed and there are very few restrictions to be concerned with.

In addition to the benefits mentioned in the prior paragraph, there are other benefits to be aware of including the following:

Coverage that is 100% portable – no matter where you live in the US, you are covered by original Medicare insurance.  The same is true for Medigap coverage.  Some plans will even cover emergency care when you are visiting a foreign country.  So you will have the peace of mind knowing that even when you are traveling on vacation, your plan may cover you.

Guaranteed renewable coverage – Medicare Advantage plan contracts may get revised on an annual basis with the Federal Government while some plans are completely discontinued altogether.  Medigap plans feature guaranteed renewable coverage and the only way that you can lose the plan you have is if you fail to pay your monthly premiums.

Medigap insurance is accepted by health care providers and hospitals that accept Medicare – however, some insurance providers may choose not to offer Medicare Advantage plans while some participating health care providers may decide that they will no longer accept any new patients after a certain date.

Your choice of hospitals and physicians – when you supplement your Medicare coverage with a Medigap plan, you will have the freedom to select the hospital and doctor that will serve as your primary care provider.  This alleviates the worry of not knowing whether you will have the same doctor or health care provider to take care of you whenever you need any type of medical treatment.

Summit Medigap is an independent insurance agency that specializes in Medicare supplement insurance. We make Medicare seem easy™. For more information about Medicare supplement insurance visit or call us at 1-888-40-Summit (888-407-8664). We have helped many people in Florida, Georgia, North Carolina, South Carolina, Texas, Colorado and Michigan to name a few.

Summit Medigap Medicare Supplemental Insurance

Summit Medigap Medicare Supplemental Insurance
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