FACTS ABOUT MEDICARE SUPPLEMENT PLANS
There are several facts about Medicare supplement covers that you should be aware of if you are deciding on getting the cover. To begin with, you cannot be enrolled into a Medicare supplement plan if you do not have an original Medicare cover Part A and Part B. This is because supplement plans are not stand alone medical insurance covers but they supplement the original Medicare cover by covering out-of-pocket costs.
A Medicare supplement plan can be found at https://www.medisupps.com/ Unlike other health insurance covers where you purchase one policy that will cover your spouse, children and yourself, Medicare supplement policy does not allow this. You hence have to purchase a plan for every member of your family.
The availability of Medicare supplement plans is also limited. They are not available in all the states and hence when purchasing the policy, you have to ensure that you have carried out research on your state. This is to confirm that when you purchase the plan, you can use it within the jurisdictions of the state you reside in.
You should also know that even the benefits are standardized, the prices are not. The price of the same plan may differ from one insurance provider to the next and from one location to another.
For your policy to be reflected as a Medicare Supplement plan policy, the policy document should indicate that it is Medicare Supplement insurance. This is because there are a lot of Medicare covers that exist and hence denoting them as supplement insurance ensures that there is no confusion.
Since there are some plans under Medicare Supplement plans that cater for excess charges, you are given the flexibility of going to any doctor or hospital that accepts Medicare. However, there are some plans referred to as the Medicare select plans that will restrict you to visiting certain doctors or hospitals.
With the Medicare supplement plans, you do not have to go through the hassle of renewing your plan every year. This is because they are guaranteed renewable. The only thing you have to do is pay your premiums on time and you will remain enrolled in the plan.
There are also ten different plans that you can choose from. They each have different sets of benefits that differentiate them. It is advisable to choose a plan that is affordable, available and one that will meet your needs.