Can spouses share the same Medicare Supplement policy?
You cannot be on the same Medicare Supplement insurance policy as your husband or wife; you must have separate policies. However, you and your spouse may be able to get a discount if you both buy individual policies from the same insurance company. Individual coverage Medicare Supplement Insurance i...Read More
Medicare out-of-pocket costs
The Medicare program provides significant medical coverage for its millions of enrollees, but the out-of-pocket expenses that come with that coverage can be substantial. Medicare out-of-pocket costs can range from small co-payments for routine care to large expenses for uncovered treatments. Out-of-...Read More
Does Medigap cover dental and vision care?
Medicare Supplement Insurance does not include dental and vision coverage. According to Medicare.gov, “Medigap policies generally don’t cover long-term care, vision or dental care, hearing aids, eyeglasses, or private-duty nursing.” Medigap policies help cover some of the out-of-pocket costs ...Read More
Are You Satisfied With Your Medigap Coverage?
A whopping 94% of senior citizens with Medicare Supplement insurance policies say they are satisfied with their health insurance coverage, according to a report by America’s Health Insurance Plans (AHIP). When respondents were asked whether they would recommend a Medigap plan to a friend or relati...Read More
Choosing Between Medigap Plan F and G
Medigap Plan G is a high-benefit plan that is commonly overlooked for the more-popular Plan F. However, Plan G is similar to Plan F and may be more affordable in some cases. The only benefit included in Medigap Plan F that is not included in Plan G is the Medicare Part B deductible ($183 in 2017). ...Read More
Can I get a Medigap policy if I have a pre-existing condition?
You have guaranteed access to a Medicare Supplement insurance policy if you buy during your Medigap open enrollment period, even if you have pre-existing conditions. It’s possible to get a supplemental policy after the enrollment period, but it’s not guaranteed and Medicare Supplement Insurance ...Read More
Medigap brokers vs. Medigap agents
Medicare Supplement Insurance brokers are often confused with Medicare Supplement Insurance agents, but there are important differences between the two groups. Independent Medigap agents usually represent a single insurance company, whereas a Medigap insurance broker generally represents the insur...Read More
Medicare Supplement Insurance Open enrollment period
Medicare Supplement Insurance (Medigap) has a six-month open enrollment period (OEP). Your Medigap open enrollment period begins when you are both: 65 years old and Enrolled in Medicare Part B You have only one Medicare Supplement Insurance open enrollment period. If you get Medicare Part B...Read More
Can I change my Medicare Supplement Insurance plan?
As you age, you may find out your Medicare Supplement Insurance (Medigap) plan can no longer keep up with your changing health needs. Fortunately, you can change your Medicare Supplement Insurance plan anytime. You might want to consider changing Medicare Supplement Insurance plans if: You ca...Read More
Does Medicare cover cataract surgery?
If your doctor says that cataract surgery is medically necessary, Medicare will most likely cover the operation. However, you may be responsible for paying 20% of the Medicare-approved cost of the procedure. How Much Does Medicare Pay for Cataract Surgery? Cataract surgery is commonly performed in ...Read More