Many seniors are surprised when they discover that Medicare is not free and does not cover everything. One popular way to solve this problem is to enroll in a Medicare Supplement (Medigap) policy.
Find out if a Medigap Plan G or another supplemental plan can help you with the copays, deductibles, and coinsurance not covered by Medicare A and B.
Medicare Supplement, or Medigap, is an optional health insurance policy that works with Original Medicare (A and B). There are 10 Medigap plans available in most states, identified by letters A, B, C, D, F, G, K, L, M, and N. We know that all the letters and parts can be confusing!
These plans pay some or all of the out-of-pocket costs associated with Medicare. Some even cover a percentage of healthcare costs if you need emergency care while traveling abroad.
You pay a premium for the Medicare Supplement plan. Then, when you have a health issue, Original Medicare benefits pay their share first before the Supplement benefits kick in and pay the remainder.
The premiums will vary based on your age, location, gender, and health, as well as the particular plan and company you buy from. They tend to range from $100 to $150 per month.
If you travel often, own multiple homes, anticipate more frequent trips to the doctor and/or you don’t mind paying an upfront fee for good coverage, a Medigap plan may be right for you.
Overton Agency would be glad to help you compare plans and find the best blend of price and coverage to fit your situation. Call 501-881-2050 to get started.
© 2023 All Rights Reserved. Site design by SecureAgentMarketing.com Terms Of Service | Privacy Policy
We are not connected with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Currently, we represent 8 organizations which offer 72 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance program (SHIP) to get information on all your options.
Tommy Overton, Arkansas License # 7922255