There are some wonderful benefits when purchasing a MEDICARE SUPPLEMENTS. Most Medicare Supplements ( Medigap ) plans are network free and the different plan types can range in the level of coverage and likewise in the out-of-pocket expenses and premium payments. One plan in Particular, the Plan F, has the most comprehensive coverage available. With this plan type, it virtually means that aside from your monthly premium, you would have ZERO additional out-of-pocket expenses! These plans are the most expensive, but many seniors take advantage of Medigap Plan F because they find it easier to budget a set monthly amount, knowing that no matter what happens that they will never have to pay more, than trying to account for all of the incidentals. Medigap plans are a great way to secure your financial future while also, more importantly, taking care of your physical health.
There are also Medicare-RX Prescription Drug Plans (Check out our new Part D calculator)available to you that are separate, stand-alone plans, which are usually paired with a Medigap plan. It is our goal to find a Medicare Prescription drug plan that is going to cover as many of your prescriptions as possible while leaving you with the lowest possible overall out-of-pocket costs. We believe in customer satisfaction and have a genuine desire to see that you have a strong financial future and that you are able to receive the healthcare that you need. We would love topartner with you to make this a reality! Our agents will take an assessment of your needs and work with you to find the medicare insurance plan and supplemental coverage that is right for YOU!
One other type of insurance to consider is some type of rehabilitation and recovery insurance and the NEW health insurance supplement. Different companies have different names for these types of plan, but it is essentially insurance that would provide coverage during a temporary (specified) period oftime during which you were confined to a nursing or assisted living facility. We have already established the high cost of medical care, and even should you never need long term residential care, a short stay for rest and rehabilitation can dramatically impact your finances. The cost to stay in a nursing facility isn’t cheap and if you are not Medicaid eligible and do not have adequate insurance coverage than you will have potentially staggering out-of-pocket costs. Purchasing a short-term disability/recovery plan will give you the security that you need in the event that you must ever spend some time as a resident in a skilled nursing or assisted living facility.