Are you concerned about dwindling income and increasing medical expenses during your retirement? Are your out-of-pocket costs for medical bills not covered by Medicare becoming unpredictable and keeping you up at night?
When you rely on Medicare alone, you will be required to pay for 20 percent of each doctor bill that isn’t for preventive care. If your health deteriorates, that could leave you with a huge medical bill. With the current economic crisis, not all of us will have enough savings to meet those medical bills. This can leave us in deep in debt.
One way to increase your financial security is by supplementing Medicare with Medicare Supplement Insurance, commonly called Medigap. Medigap Plans fill in the “gaps” of Medicare such as the deductibles, co-pays and co-insurance. It is much easier to plan your finances when your monthly expenses are predictable and that is one of the luxuries a Medicare Supplement Insurance Plan can offer.
Not sure where to begin? Our website can help you get up-to-speed on both Medicare Advantage Plans and Medigap Plans. Use our instant quotes to immediately see how different plans are priced. Just click our Medigap Plans tab to see some of the insurance companies offering ways to supplement Medicare and use our instant quotes to immediately see how different plans are priced. On the Medigap Plans page, you can click “Plans A – N” on the right to read all about the benefits of each of the 10 types of Medigap Plans. We’ll also be glad to answer your questions and we make it easy to talk to a real person at a time that’s convenient for you.
Latest posts by Wiley Long (see all)
- Five Misconceptions About Medigap and Medicare - August 27, 2017
- Why More People are Choosing Medicare Advantage Plans over Traditional Medicare - July 26, 2017
- How Medicare Covers You While You Are Traveling - June 30, 2017