Unfortunately not anymore. No matter which Medigap policy you buy, it will never include prescription drug coverage. In order to have coverage for prescription drugs, you have to add a separate Part D plan to your Medicare insurance. It is a good idea to add a such a PDP (prescription drug plan) right away, when […]
Pros and Cons of original Medicare Traditional Medicare was established as a ‘safety net’ and provides basic health care benefits to millions of American seniors. However, Medicare does not pay 100% of your medical expenses. You won’t have any prescription drug coverage with this basic package, nor are costs for dental care, vision, or hearing […]
Medicare supplement policies available in 2024 include the plans A, B, D, G, K, L, M and N. Each plan offers a set of benefits to help pay costs original Medicare does not cover. Below you will find basic information about the benefits, deductibles and co-payments of each plan, helping you choose a Medigap policy. […]
Comparing Medigap premiums shows that your monthly premium for Medicare supplement plans does not only depend on the Medigap policy you choose, but also on the insurance company you buy it from. In fact, you may notice significant differences in supplemental plan premiums for 2024, because each insurer is free to set its own premium […]
There are several ways to be eligible for a Medigap policy: Medigap Eligibility When You Turn 65 (Initial Enrollment) Adding supplemental insurance to your Medicare is easiest within six months of your initial enrollment in Part B of Medicare. During this time, the insurance provider cannot refuse to sell you a Medigap policy, you do […]
Unfortunately not anymore. No matter which Medigap policy you buy, it will never include prescription drug coverage. In order to have coverage for prescription drugs, you have to add a separate Part D plan to your Medicare insurance. It is a good idea to add a such a PDP (prescription drug plan) right away, when […]