Medcare supplements fill the gap
Once you’re eligible for Medicare you don’t have to worry about insurance, right?
It’s not that simple.
While Medicare does provide a great foundation of insurance for seniors, it doesn’t cover everything. Seniors who rely solely on Medicare to fund their medical expenses quickly find out that their financial situation is looking grim. Uncovered expenses can quickly expand into thousands of dollars. Most seniors are discovering that they need a Medicare Supplement plan to pay for those uncovered expenses.
A Medicare Supplement plan acts as a secondary insurance to Medicare, stepping up to pay where Medicare only partially does. Sometimes referred to as Medigap insurance, since it pays for the “gaps” in Medicare, these supplements plans are widely available. You can enroll in a Medicare Supplement plan three months before your 65th birthday, as soon as you enroll in Medicare and benefits will start on the first of the month in which you were born. These plans are offered by the same companies that offer traditional health insurance: BlueCross BlueShield of Texas, Humana, Cigna, Aetna and Mutual of Omaha.
For more information about determining which Medicare Supplement plan is right for you, call Texas Medical Plans today at (512) 847-3164.