When you want to supplement Medicare Part A and B with a Medigap Plan, you may be a little overwhelmed by the number of choices. There are 10 Medicare Supplement Insurance Plans or Medigap Plans to choose from, although they’re not all available in every state. A few states have modified versions. To keep it simple, remember that every Plan F, for instance, has the same coverage regardless of which insurance company sells it. That’s true for every lettered plan from Plan A through Plan N.
Start by looking at the 10 Medigap plan options and matching the benefits to your situation. Once you know which plan works best for you, dig a little deeper. The coverage may be standardized, but the cost definitely is not. Medigap rates on the same plan can vary from one company to another.
It’s true that comparison shopping can be time consuming if you call one insurance company after another, but our instant Medigap plan quotes will show you choices from several leading insurance companies almost instantly. We can help you with Medicare Advantage plans and Prescription Drug plans, too. It’s free, and it’s a good way to get an immediate feel for the range of prices out there.
If it’s so quick and easy, you may be wondering why some people are still paying hundreds of dollars more than they need to for a Medicare plan. The answer is simple. The ones getting price gouged just don’t know there is that much difference in the monthly cost. They don’t know how to get all the information they need for free. You don’t have to one of them.
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.