Why Medicare Supplemental Insurance?
Medicare Supplement is additional health insurance through a private insurance company that covers health care costs that are not covered under original medicare. If you are currently on Medicare Part A, or Medicare Part B, you are eligible to purchase a Medicare Supplement Policy. If you have a Medicare Advantage Plan, then you will not be able to purchase a Medicare Supplement Plan.
Medicare Supplement Insurance are government regulated, standardized plans that provide additional medical coverage for specific expenses that are not covered in original Medicare. While premiums may vary, but the benefits of each standard Medicare Supplement plan are always the same.
If you are concerned about the rising costs of medical expenses, and wonder if you are going to be able to afford medical costs for normal healthcare, you're not alone. 42% of adults in the United States are concerned about healthcare costs, but Medicare Supplement Insurance can be a great solution. While Medicare pays only a portion of your medical expenses, and the rest comes straight out of your pocket, having a Medicare Supplement Policy will reduce your out of pocket expenses, putting that money back into your pocket where it belongs.
Medicare Supplement Policies allow you the freedom to choose who your healthcare provider will be, as long as they accept Medicare. Your policy cannot be terminated, and is guaranteed renewable as long as you continue to pay your premiums.