Indiana Car Insurance Policy

Are you really aware of what your Medicare coverage consists of and what your out-of-pocket expenses could be if you are faced with a life threatening illness? As I’ve talked to some seniors they are not aware the traditional Medicare will not cover all of their medical expenses should they be hospitalized. It’s very important to understand that traditional Medicare will cover up to 80% of approved procedures and services leaving a 20% balance to be paid by the insured. 20% may not seem like a lot, but as I talk to this group of seniors they were not aware that there was not a cap on the remaining balance and in the event of a medical emergency that could require a lot of medical care, several nights in the hospital, as well as possible surgeries, this one event could cost them hundreds, possibly thousands of dollars. I was surprised to find that most of the seniors in this group had never heard of Medicare supplements. This valuable coverage could possibly be the lifeline between financial devastation and having peace of mind. A Medigap supplement is easy to apply for and have great coverage regardless of the condition of your health.

Medigap insurance companies are simply private insurance companies such as Aetna, or Blue Cross Blue Shield and the like. These Medigap providers have several plans to choose from when it comes to supplemental insurance. The plans range from A to N and depending on the condition of your health you can choose whatever plan works for your particular situation providing you with a premium rate that will fit into your monthly budget. You are eligible to win role in this valuable coverage up to six months before the first day of the month that you turn 65 and providing you are enrolled in both traditional Medicare plans. When you enroll during this time you will receive guaranteed issue on this coverage, which means you will not have to go through the underwriting process which may be good news for some seniors because they are in such poor health.

If you call 1-800-MEDIGAP you can receive your Medigap quotes regardless of where you live. For example you can get quotes on Medicare supplemental insurance Pennsylvania or Arizona from any one of the qualified licensed agents. They will help you through the application process to be sure it’s done completely and correctly so there will be no delays when the time comes and you turn 65.