Medicare Supplement Insurance Could Help Pay Your Copayments, Coinsurance & Deductibles

When you reach age 65, you are eligible to enroll in Medicare, our federal health insurance program. Sounds like your health insurance coverage gets simpler by this age, right? Well, not really.

This governmental health insurance may not be comprehensive in covering all your health care costs, so you might want to consider buying Medicare supplement insurance as well.

Medicare supplement insurance — also referred to as a Medigap policy because it is used to fill in the gaps in your Medicare — is private health insurance designed to supplement Medicare. It helps pay your health care costs that Medicare does not pay, including copayments, coinsurance and deductibles.

There are many standardized Medicare supplement insurance plans. These various policies help you lower your out-of-pocket expenses and get more health insurance coverage. Medicare supplement insurance plans are neither connected with nor endorsed by the United States government or the federal Medicare program.

Aines, Carter & Associates offers affordable Medicare Supplement Insurance plans for senior citizens who participate in Medicare.

Plans may cover costs where original Medicare does not. Learn more about Medicare Supplemental Insurance today.

What is a Medicare Supplement Plan?

A Medicare Supplement Insurance (Medigap) plan, can help pay some of the costs that Medicare doesn’t cover, like copayments, coinsurance, and deductibles. Some Medicare Supplemental insurance plans also cover certain hospital or medical services not covered by Medicare.

Eligibility

Medicare Supplement plans are available to you if you are 65 or older and have enrolled in Medicare Parts A and B. And in some states, coverage is available if you are under age 65 and are Medicare eligible due to disability and/or End Stage Renal Disease (permanent kidney failure requiring dialysis or a kidney transplant).

Health Problems

Did you know, your standardized Medigap policy is guaranteed renewable even if you have health problems? This means your policy can’t be canceled as long as you pay the premium.

Spouse

Each Medicare Supplement (Medigap) policy covers one individual. That means, you and your spouse would each need your own policy. An Aines, Carter & Associates trained insurance producer will help you understand what you and your family may need.