Monthly Archives: January 2016

Ten Things You Need To Know To Get The Best Medigap Plan

Share This:

Whether you are new to Medicare and want to be sure you make the right choices from the start, or you have been with Medicare for years and simply want to be certain that you are getting the best coverage and value for your money, this article is for you.   In this article, I will go over the ten things you need to know to get the best Medigap plan coverage at the best price and value available to you.  

ONE

Free Government Resources

There are free resources available to you that will help you better understand your Medicare coverage and make better decisions.  The two publications that every person on or shopping for Medicare should have are the current Medicare & You guide and the guide Choosing A Medigap Policy.

The Medicare & You guide includes details on what is covered by Medicare, how and when to enrol and information about your Medicare rights.  A new Medicare & You guidebook is published each year with information to help you understand Medicare Part A, Part B, Part C (aka Medicare Advantage plans) and Part D.  If you are new to Medicare, you can access an online copy from the links provided and order a hard copy from Medicare.gov. 

Choosing A Medigap Policy is also an important publication and one most forgotten by Medicare beneficiaries.  This publication goes into detail about Medigap (aka Medicare Supplement) policies that is not found in the Medicare & You guidebook. 

Lastly, the Medicare.gov and Social Security websites are great resources full of information you need.  In fact, the Medicare.gov website offers the only tool allowed to compare and shop for the best Part D prescription plan.

Want to learn more?  Visit our index of links and articles for more resources.

Two

Standardised vs. Regulated Medicare plans

Medicare supplement plans are standardised, Medicare Advantage plans are not. 

Read more… →

Medicare Supplement Table

Share This: This table describes the benefits of each of the Medicare Supplement plans.   Share this:Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Click to email this to a friend (Opens in new window)MoreClick to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Google+ (Opens in new window)Click to share (more…)
%d bloggers like this: