Medicare Advantage Plans & Medicare Supplement Plans

Medicare Advantage Plans & Medicare Supplement Plans
Medicare Advantage Plans

Thursday, September 23, 2010

Are You Looking For a Medicare Supplemental Comparison?

You should do a medicare supplemental comparison on a regular basis. This is the supplement insurance coverage that pays for your medical bills, the portion not covered by your Medicare plan. Do not go without this insurance plan. It will pay the twenty percent of your medical costs not paid for under Medicare.

You can find some plans that will even pay the Medicare Part A and Part B deductible. As you can already see, this supplemental insurance has to be part of your financial planning because if you do not have it, you could face an enormous out of pocket health care bill.

You need to compare plans if you do not have a plan in place, or if you do have a plan, but have not looked at the price of other plans available. If you are in good health, then great. However, make sure you have this plan to cover you for the unknown. You do not know what the future holds. Twenty percent might not seem like a lot to pay when it comes to medical coverage, but you could be ruined financially if you need major surgery or other expensive medical care.

Do not try to save money by not purchasing this plan. By law, each company has to offer standardized coverage, but each company is free to charge different rates. So you have to shop for the best premium price that fits your budget. No one has to tell you that health care cost is on the rise. This plan will protect you from rising health care cost.

It is much simpler to compare plans than it was a few years ago. It less confusing to compare your options and you do not have to listen to a sales pitch each time you ask for information. So there is no excuse for not comparing your choices.

You can find all the information you need to make your decision, on the internet. In the past, you would have to call each individual company. And you would have to listen to a sales pitch and sometimes you would be pressured into buying from that particular company.

You can now find all the information you need in order to make an educated decision in one place. You can even find online, an independent insurance broker who will help you choose the plan best priced for your budget


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