Medicare is a form of government sponsored health insurance that US citizens aged 65 and over benefit from. It provides coverage for some medical bills but more often than not senior citizens end up reaching into their own pockets to shell out money
to cover the gaps in payments. This leads to many spending their life savings and retirement fund to cover for expensive medical bills.
"Over 46.2 million Americans are over the age of 65 which is 14% of the total population" 2014 (the most recent
data available) Census states. "Of these seniors 8.8% of them live under the poverty line" states the same survey. With numbers as large as these and its continuous growth Medicare Supplemental Insurance Plans is more of a necessity today.
"With the help of the right Medigap Plan that complements their Original Medicare Part A and Medicare Part B a senior citizen can have access to quality healthcare services without worrying about breaking the bank" said Medicare Supplemental insurance brokers.
"It is of utmost importance for the aging population and their families to consider the benefits of the right Medigap insurance policy" they add.
Since there are 10 different standard Medigap insurance policies to choose from seniors can pick the right plan to supplement their Original Medicare policies to fit their lifestyle needs and budget requirements. With the proper policies working together the supplemental plan can cover almost all aspects of the Medicare insurance costs that were not originally covered.
"Catching the Medigap Open Enrollment Period is the best way to get premiums for less" informs Medicare supplemental insurance providers. "By enrolling at the specific time allotted insurance providers offer enrollees better deals and more choices when it comes to the policies they offer" they add in confidence.
Take note of the first day of the month you turn 65 or older as this day and the next 6 months are what insurance providers consider as your enrollment period. Enrolling for Medicare supplement insurance plans after the window of open enrollment has closed is still possible but insurance providers are now legally allowed to use medical underwriting for approving your application. This means you have a chance of being rejected or for them to increase the prices of policies.
"The best time to enroll for a Medigap coverage is once you become eligible for Medicare Part B to avoid any late fees for missing the initial Medicare enrollment period and also miss the open enrollment period for Medigap insurance" experienced Medigap brokers advised.
Thinking and planning ahead will save you from expensive and costly medical bill gaps. As a senior citizen you deserve to spend your retirement days worry free and with the right Medigap policy from trusted supplemental Medicare Insurance Companies you can avoid paying large sums for medical insurance gaps.
Speak to Medicare insurance agents today to know more about the policies prices and to address your other questions. By giving them the needed information they can help you find the best Medigap policy to cater to all your future medical needs.
For more information visit http://emedicare-supplemental-insurance.com/