When you’re first eligible for Medicare (Parts A and B), you also have a one-time opportunity to apply for Medicare supplement insurance without having to go through medical underwriting. This benefit, called guaranteed issue rights, is only available once, and the window of opportunity is only 6-months. In this article we’re going to answer an […]
High Deductible Medicare Plan G: Is it Any Good?
The high deductible version of Medicare Plan G has the same coverage benefits as the regular Medigap Plan G, but you pay all costs until your Medicare-approved costs reach the annual deductible. According to Medicare.gov, High Deductible Medicare Plan G is only available if you first become eligible for Medicare benefits due to age, disability, […]
How Much Do Medicare Supplements Cost?
Many seniors are shocked to learn that Original Medicare (Part A and Part B) only pays about 80% of Medicare-covered costs and that there’s no out of pocket maximum on the costs that beneficiaries pay (the remaining 20%). Learning this is when most people become interested in supplemental Medicare insurance. A Medicare Supplement plan (aka, […]