By Joel Paige
Introduction
Medigap policies are policies that are sold by private companies but consumers are entitled to equal benefits. They give you a range of choices for your healthcare needs. Medigap policies are very important because they help pay medicare part A and part B extra costs. The original cover which is Part A and Part B can be gotten when you turn 65 years of age. Although they cover a lot, they won’t help you with all the payments. They always have gaps and that is why you are advised to consider an additional insurance policy which is Medigap. Here are some of the benefits that you can get from medicare supplement plans
Medical bill protection
If you are the kind of person who purchases medicare supplies, you will need more than just your original medicare. This is because your original medicare will only cater for 80% of your bills and the remaining 20% is to be paid from out-of-your pocket. That is where Medigap comes in. With Medigap, you will bridge the gap left by your original medicare. Medigap will pay for the remaining 20% of your bills. If you are protected by a medicare supplement, you will not have to worry about the 20% at any point. Understand what is Medigap before enrolling.
Coverage abroad
For those who want to travel outside the United States of America, considering Medigap can be of great. This is because some covers will protect you even when you are abroad. You may be on a vacation and an accident occurs or a sudden illness. When that happens, it is very important to be sure that you are fully protected.
Acceptance
Another important thing to know about Medigap is that acceptance of the cover is guaranteed. No matter where you are or the state that you live in, you can choose an insurance company to cover you and you will automatically be accepted. Even if you have some health problems, an insurance company will always accept you. This is very true and applicable when you enroll or buy your Medigap plan during the open enrollment period. Past that period, there is a likelihood that your health history will be scrutinized and incur penalties.
Choosing of doctors
Another important thing or benefit about Medigap is that consumers can choose any doctor as long as the doctor accepts medicare. No matter where you are, you are allowed to visit any hospital and doctor as long as they offer medicare.
Wide variety of supplement plans
Another advantage of Medicare supplement plans is that customers have a wide variety of them. This is mainly to help you bridge the gap that your original medicare left. Before making your choice, you should try to assess your needs. Make a choice depending on your health situation. Medigap plans that cover a lot always charge high monthly premiums. Because they are being offered by private insurance companies, you can always shop around before choosing an insurance company that will cover you.
