There are a lot of ideas being thrown around that could ultimately affect what Medicare covers and what Medicare Supplemental Insurance provides. Medicare, itself, has expanded to pay for more health care that’s designed to help you maintain good health.
There’s also a new rating system for Medicare Advantage Plans that grants plans with the highest grade year-long open enrollment. High-ranking plans also get bigger subsidies, and that’s likely to keep their rates low.
Medigap Insurance has basically remained the same, but there is talk about reducing Medigap Plan benefits. We’ll keep you posted as new developments come in, but for now, you can count on the same coverage from each of the 10 different plans. Plan A has the least amount of benefits and Medigap Plan F still offers the most comprehensive coverage.
When you’re not sure about what all of these changes mean for your situation, you don’t have to figure it out on your own. We stay up-to-date on Medicare and how you can get the most from your coverage. As specialists, we provide complimentary professional opinions on what current Medigap Plans and Medicare Advantage Plans offer. We’re independent, too. That means we’re free to research Medigap policies from different insurance companies. You may want to join us for a live question-and-answer session during our next free teleseminar.
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.