Go Medigap explains your options

We live in a different world than our parents did. The high and ever-escalating costs of health care should make it very clear that when it comes to health insurance for seniors today and tomorrow, Medicare alone simply will not cut it. While Medicare helps cover many of the costs associated with medical care in a person’s advanced years, it does not come close to covering everything. Furthermore, you are not eligible for a great deal of the coverage until you have used the majority of your personal savings and assets. This means what you plan to leave behind for your children likely will not be there when you are gone, leaving them with the burden of funding your funeral expenses, among other things. While Medicare is a health insurance program through the federal government for individuals who are 65 and older, and those with qualifying disabilities, it leaves many “gaps” when it comes to coverage. Regardless of whether your coverage falls under Medicare Part A or Medicare Part B, you should understand that neither plan is enough, and purchasing a supplemental plan is a wise move. Medicare supplement plans are offered through AARP, Blue Cross Blue Shield, Mutual of Omaha and many other reputable companies. You need to investigate the options now, before it is too late to take advantage of them.

There is an open enrollment period during which time your ability to purchase a Medicare supplement policy is guaranteed. That time period is the six months from the first day of the month in which you, the beneficiary, turn 65 or older and enroll in Medicare Part B. During that time, your current or past medical conditions are irrelevant. You cannot be denied Medicare supplement insurance for any reason. Based on your personal needs and preferences, you can select a Medigap plan that is best suited to you. Because this is a critical decision, you should take the time to have all your questions answered by representatives from the different companies you are considering obtaining coverage through. It is important to think about the costs and benefits of any policy you consider implementing. Additionally, your personal economic situation and current health condition are factors that will influence the plan you choose. No question is irrelevant or inappropriate. You need to know all the facts before you make a critical decision, such as which policy to choose. That is why if you visit Go Medigap, you will be directed to a list of frequently asked questions and a supply of relevant information to make your research and selection processes as smooth and seamless as possible.