Michigan Medicare Supplements Made Easy From Easy Medicare Advantage

Written By: William Marks on October 17, 2009 2 Comments

Are you interested in buying a Medicare supplement policy for the first time or replacing your current Medicare supplement plan? Medicare supplement coverage is easy to purchase.

You can fill out an online quote form at www.medicaresupplementcenter.com to obtain rates. When you receive an email back with a quote comparison and you have decided with an agent what plan to go with, then an easy application is submitted to the insurance company. There the medigap policy is underwritten in a few days.

When purchasing Medicare supplement insurance, an agent would be very helpful. An agent would help with the underwriting process because they are familiar with companies’ guidelines. Agents can help with the comparisons of the Medicare supplement rates and benefits of medigap plans offered by insurance companies. Seniors covered under Medicare Parts A & B find that Medicare supplements provide outstanding protection.

Being on Medicare is not so great when you consider that Medicare Part A has a 2009 deductible of $1,068 and Medicare Part B has a $135 deductible in 2009, and then pays 80% of the Medicare approved expenses. This is where Medigap insurance (Medicare supplement coverage) comes in and can be so beneficial. A senior can purchase a Medigap policy, like a Plan F or J that covers the Medicare Parts A and B deductibles as well as the 20% of Medicare Part B expenses. When you combine Medicare plus a Medicare supplement plan, your out of pocket can end up being little to nothing.

Effective June 1, 2010, there will be 11 new Medicare supplement plans, also known as Medigap plans, to choose from. These plans will include plans A, B, C, D, F, high-deductible F, G, K, L, M and N (If you already have a Medicare supplement insurance, your coverage will not be affected).

Plans E, H, I, and J are being eliminated from the Medicare supplement policies. In addition, the At-home recovery and preventative care benefits will no longer be included on Medigap policies. Plan G Medicare supplement policies will have 100% coverage for excess charges instead of 80%.

Medicare has two new creations to add to Medicare supplements insurance plans. Hospice will be part of the basic benefits. Therefore, it will be included on all Medicare supplements. Plans M and N will be offered. These plans will include higher cost sharing but at lower premiums.

Fand additional information and questions please send correspondence the Easy Medicare Advantage Team at info@ezmedicareadvantage.com

categories: Medicare,Insurance