A Medigap plan could save you money in three ways now. These policies pay the part of doctor bills that Medicare skips, do away with Medicare’s deductibles, and protect you when you travel beyond the border.
Medigap insurance can also pay for the difference between Medicare’s set rate and what your doctor may actually charge. Don’t get stuck paying for the usual 20 percent plus any excess your doctor may bill you for after Medicare pays its share.
And, if you think you may need hospital care, a Medicare Supplement plan could be worth its weight in gold. Medicare doesn’t cover hospital bills until you’ve spent $1,156 for each benefit period, but you can get a Medigap plan that will reimburse you for the whole amount.
Here’s the best tip – we can help you compare prices from different insurance companies. We have health insurance advisors to answer your questions and make recommendations. We’re not obligated to push any particular insurance company. Our mission to match plans to your needs regardless of who sells that Medigap, Medicare Advantage or Prescription Drug plan.
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.