Medigap coverage is very important to people who cannot cover the Medigap coinsurance and deductible, meaning it is very important to make sure you enroll in the right Medicare Supplement Insurance Plan. What is listed below are the coverage assistance that is offered by Medigap Plan A, anything not listed is not listed because it is not covered. Here are the benefits to getting Medigap Plan A with your Medicare coverage:
continue reading "Medicare Supplement Insurance Enrollment: What is Included in Medigap Plan A?"

Medicare wouldn’t be insurance if there weren’t regulations governing their every move and Medicare Supplement Insurance (Medigap) is no different. In order for each state to offer Medigap coverage there are some guidelines that they have to abide by, with the exception of Massachusetts, Minnesota and Wisconsin that offer other guidelines. Here are the requirements for each state that offers Medicare Supplement Insurance, let you representative know if you are not receiving one of the benefits or coverage options listed below:
continue reading "What Makes a Medicare Supplement Insurance Policy Standard?"

When it comes to understanding Medicare insurance there are a lot of places that people often get lost in the “weeds” of knowledge. It doesn’t help that there is standard Medicare, Medicare Advantage and Medigap (Medicare Supplement Insurance) to know the differences between also. What you need to know is that Medigap policies assist your existing Medicare policies and they must follow some important guidelines.
continue reading "What Does Medigap Really Do?"

Insurance companies typically don’t give you just a whole bunch of time to make the important decisions associated with becoming insured. Generally these decisions are made like a fortune-teller reads a palm as you have to buy the plan without knowing what it is that you really need. Now, in Oregon you will have a little more time to be able to make the right decision for you and your health.
continue reading "Oregon Introduces “Birthday Rule” for Medigap Subscribers"

Now you know what goes into buying a Medigap policy and what the meaning of the Medigap policy was to begin with. What you have to do now is make an informed decision that will help you to take care of yourself and get the medical care that you need. To do this you need to make sure that you are making an informed decision and not letting an insurance salesperson make the decision for you.
continue reading "Medigap Enrollment Steps: #5 Make an Informed Decision and Buy a Policy"

Now that you know what Medigap is, what is behind the premium you will pay and how it is calculated it is time to get some Medigap Insurance quotes. This is not hard to do as these plans are offered by the private insurance companies that are waiting in line to give you a Medigap quote. However, it is very important that you are aware of what you are doing when you get your Medigap quotes.
continue reading "Medigap Enrollment Steps: #4 Get Your Medigap Plan Quotes"

When it comes to how insurance companies charge their customers there is always a process and a protocol for each premium. Medicare and Medigap don’t differ from this approach and actually Medigap will tell you the processes they use to come up with your rates. The three different process are listed below and will determine how the Medigap insurance company comes up with your premium.
continue reading "Medigap Enrollment Steps: #3 Understand What You Will Have to Pay"

People are almost programmed to fear insurance companies of all kinds because of the unknown involved in the industry. When you don’t know what you need you usually fear the process because you fear ending up in a position of not having what is necessary. This is what makes it so important to know what kind of Medigap coverage you need before you sit down to buy a policy.
continue reading "Medigap Enrollment Steps: #2 Make a List of What is Necessary"

Medicare insurance plans have never been known for being perfect and this is kind of what started the entire idea of Medigap to begin with. After plans were created and care started to be provided everyone started to realize that things were missing. This caused the creation of Medicare supplement insurance, or Medigap, to help fill in the gaps left by Medicare.
continue reading "Medigap Enrollment Steps: #1 Understanding What Medigap Is"

There are times when you feel like you are in the wrong insurance plan and you are prepared to switch to something that seems better. When it seems that something is obviously better than something else it doesn’t always work out. When you switch to Medicare Advantage from Medigap you still have the option of going back if you do things just right.
continue reading "Going Back to Medigap from Medicare Advantage"

While Medigap policies are not actually sold or managed by the Federal government they are standardized by them and packaged in different forms. Once your state gets a hold of the mandates the Federal government has put forward it is possible that some of the requirements are different. It is illegal for an insurer to offer a Medigap policy that has coverage that is not allowed in that state. Here are some of the standardized policy rules for three different Medigap states, Massachusetts, Minnesota and Wisconsin.
continue reading "Is Your Medigap Policy Legal?"

Medicare and Medigap are often given a bad name because so many people are tricked or told to get the wrong types of policies that leave them in a lurch. The problem here is just as much about educating Medicare policyholders as it is making the Medicare fraudsters go away. There are a few things that could help you not make a mistake when getting your Medicare or Medigap coverage going, especially to ward off fraudsters.
continue reading "The Difference Between Medicare Advantage Plans and Medigap"

Many people are in the dark when it comes to health insurance, what they need it for and when they need to buy it. Combine this fact with the everyday confusion of Federal government and you get the Medicare system that confuses so many. What you have to do is realize a few very important points about Medigap policies before you buy so you don’t make a mistake with your Medigap policy.
continue reading "Don’t Be Fooled, Medigap is Private Health Insurance"

When it comes to insurance there are certain times that the profession gets a bad name and has to deal with the consequences. However, there are some insurance companies that are the very reason why that bad name is out there and there are a few instances here to prove that. Here are a couple of illegal practices for you to be aware of when you are buying a Medigap policy.
continue reading "Be Aware of Illegal Medigap Practices: Deception"

To save money on your Medigap policy you may have to make some concessions when it comes to the amount you are willing to pay out-of-pocket after a claim. High-deductible health plans are one way that you can do this and if you don’t have to go to the doctor often this could be the place for you. Here is some more information about high-deductible health plans that you may be interested to know.
continue reading "Saving Money on Medigap Policies: High-Deductible Plans"