Supplemental Medicare Insurance – An Introduction

by Lee Pham


Medicare is capable of providing a great deal of medical coverage to most of the people that use it, but unfortunately, it does not provide coverage for everything that most people are going to need. Because of this, many people decide that they should buy an additional health insurance policy, allowing them to gain medical coverage in the areas that Medicare is currently falling short on. This type of policy is generally known as supplementary medical insurance or Medicap insurance coverage. This type of insurance coverage is purchased through a regular private insurance company.

Some of the things that a regular Medicare coverage plan may not cover include nursing care and long-term care, custodial care, homemaker services, dentures, most types of dental care, private-duty nursing, international healthcare, routine foot care, cosmetic surgery , hearing aids, eye glasses and routine eye care. Some of these things are big concerns for individuals that rely on Medicare for their insurance coverage, and this is what makes purchasing a supplementary Medicare insurance plan such as a wise idea for many people.

In most cases, you will be allowed to use the supplementary Medicare insurance that you purchase in order to cover the expenses that you have under your Medicare plan. This includes both annual co-pay amounts and your annual deductibles as well. This type of Medicare insurance is not ideal for every situation, so it is important to work with your insurance provider to find out what kind of supplementary insurance is going to benefit you and your health without requiring you to pay out more than you should have to . For example, if you are already part of a Medicare Part C plan, which is known as the Medicare Advantage Plan, then you should not purchase a Medigap supplemental insurance plan, but such a policy would not pay out.

The bottom line is this: Supplementary Medicare insurance is designed to fill in gaps between what Medicare plans are willing to pay and what you are required to pay out of your own pocket for coinsurance, deductibles, co payments and healthcare procedures that are not covered. Many supplemental Medicare insurance plans cover things that traditional Medicare plans do not, and this makes the supplementary insurance an important part of getting the most out of your Medicare health coverage. If you are currently relying on Medicare health insurance coverage but want additional coverage to fill in the gaps, a supplemental Medicare insurance plan is a wise addition.


Source by Brant Reed

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