Posts Tagged ‘Medicare’

Are You About To Turn 65?

group of senior citizens

If so, you will soon be eligible to enroll in Medicare Parts A and B and therefore want to start looking into a Supplemental Medicare or “Medigap” insurance policy ASAP!  A Medigap policy is private Health Insurance that’s designed to supplement Medicare.  It’s typically sold through the same carriers that sell standard health insurance like Anthem Blue Cross, Blue Shield, and Health Net just to name a few.  It helps pay some or all of the health care costs (”gaps”) that Medicare doesn’t cover such as co-payments, coinsurance, and deductibles.

Every Medicare policy must follow Federal and State Laws designed to protect you regardless of which carrier you purchase the policy through.  Medigap Insurance can only be sold as a “standardized” policy identified by letters A through K.  (more…)