Following are a few tips on choosing a Medicare Supplement plan and the right insurance company to enroll with no matter where you live.
Unless you have employer group coverage, you will most likely be enrolling in Medicare Parts A and B when you turn 65. Medicare is basically a good health insurance plan, however it does have some sizeable gaps. These gaps are the deductibles and copays you will have to pay if you need any health-related services in or out of the hospital.
Most people choose either a Medicare Advantage Plan or a Medicare Supplement to fill in those gaps. Both are good types of coverage but you need to understand the differences.
Medicare Part C combines Medicare Parts A (Hospital), B (Doctor and Outpatient) and D (Prescriptions) together. It is most often called a Medicare Advantage plan, an HMO or a PPO.
Often, people receive offers in the mail for graded benefit life insurance policies and they enroll, not fully understanding what that term means.
You know you need life insurance but who wants to deal with invasive medical exams?