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High Satisfaction Rate Among Medigap Policyholders

Medigap PolicyholdersSeniors are satisfied with their Medigap plans according to a survey by American Viewpoint. That revealed nine out of 10 Medigap plan holders are highly satisfied with their coverage. Seventy-nine percent said that they are getting good value for their premium dollars, and 91 percent would recommend Medigap insurance to their relatives and friends.

In 2011 alone, about 9.8 million beneficiaries had supplemented their Medicare coverage with Medigap. According to enrollees, Medigap plans limit out-of-pocket costs. Policyholders did not find limited access to health care providers accepting Medicare or the Medigap plans that work with it.

For doctor services, Medigap plans pick up the remaining 20 percent since Medicare only covers 80 percent of doctor care unless it’s recommended preventive care. In addition, Medigap also covers co-pays and co-insurance and will reimburse for the Part A and Part B deductibles.

With 10 different types of Medigap plans, though not all are available in every state, beneficiaries can select one to fit their personal situation. Here on our site, you can check the benefits offered by each plan. If you have questions, you can join our free Medigap teleseminar and even call in to talk to one of our personal advisors at the end of the live program. Sign up at http://www.medigapadvisors.com/teleseminar.htm and you’ll receive our free report on Medicare plans. You’ll notice that we also offer resources about Medicare Advantage plans.

Author: Jim McFadden
Jim McFadden has over 11 years of executive-level experience in the health insurance industry, is a youth baseball, softball and football coach, and has one of the worst fantasy football records in the world.

 

 
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