The average Medicare beneficiary sees about seven different doctors. They also fill about 20 different prescriptions a year. When you add up all the out-of-pocket costs that Medicare beneficiaries may have for doctor bills and medicine, that’s just too hard to budget.
That’s why a lot of people have added Medicare Supplemental Insurance or Medigap Plans to help with those bills. These plans come in different “flavors” to let you pick coverage that you’re most likely to need. Why pay for something you rarely need? The plans with fewer benefits can mean lower premiums, but you still need to compare a plan from different insurance companies because the premiums will be different. And, quite possibly, the cost could vary by hundreds of dollars per year.
Another way to find good rates is to shop when you have open enrollment, especially if you have a pre-existing health condition. That’s the time when your application cannot be denied and you cannot be charged higher than normal rates due to your health. You have a chance at open enrollment when you first become eligible for Medicare, but there may be other opportunities depending on your state’s law.
To save yourself time and trouble, ask us to help you search the plans in your state for the lowest prices available. That’s what we do and since that’s all we do, we’re pretty good at it. It won’t cost you a thing to have us shop for you, either.