If you are wondering, "do I really need supplemental insurance with Medicare or is it a waste of money?", you're in the right place.
For most people, Medicare supplement insurance (aka, Medigap) is worth every penny. It is not a waste of money. And it offers many valuable benefits.
In this … [Read more...]
What is the Average Cost of Supplemental Insurance for Medicare?
According to MedicareWire research, the average Medicare Supplement insurance premium in 2020 was $154.50 per month. We evaluated over 100 of the best Medicare Supplement plans to find out how much it costs the average person for Medicare supplemental insurance.
Key Takeaways
The amount of … [Read more...]
Is it Better to have Medicare Advantage or Medigap?
While shopping for Medicare health insurance, particularly if you are getting your benefits for the first time, it's important to understand the difference between Medicare Advantage and Original Medicate with a Medigap plan. In this MedicareWire article, we'll cover the fundamental benefits of … [Read more...]
What is the Difference Between Medicare Advantage vs. Medicare Supplement?
There are many differences between Medicare Advantage plans and Medicare supplement insurance (Medigap). In this MedicareWire article, we'll help you figure out if a Medicare Advantage plan is best for you or if you should keep your Original Medicare and add a Medicare supplement policy for … [Read more...]
Medicare Part B Excess Charges: How To Avoid Them
Most doctors in the USA participate in the Medicare program in one form or another. It's a very small percentage that doesn't. However, not all doctors participate in the same way, and this often leads to Medicare Part B Excess Charges. In this MedicareWire article, we'll explain what these charges … [Read more...]
Understanding Medicare in 4 Easy Steps
If you are getting your Medicare benefits for the first time, the jargon may sound foreign, but you don't need Medicare for Dummies to figure it out. Once you learn the ABCs and D of Medicare, you'll be well on your way.
In this MedicareWire blog post, we'll break down the four main parts of … [Read more...]
Is it Better to Have Medicare Advantage or Medigap?
Here are the five top reasons that it's better to have a Medicare Advantage plan:
Up-front costs (monthly premium) are generally lower.
You may have more doctor choices in Medicare Advantage.
Plans are required to take you regardless of your health condition.
If you have both Medicare … [Read more...]
Medicare Plan F vs Plan G: Which is Better?
Is Medicare Plan G Better than Plan F?
If you're wondering which Medicare supplement is the best, Plan F vs. Plan G, you're in the right place. We're going to answer that question as thoroughly as possible. In fact, we're going to come at it from both directions, because both of these stellar … [Read more...]
Can I Get My Prescriptions with a Medigap Plan?
One of the top benefits of most Medicare Advantage plans is they bundle in prescription drug coverage. We get a lot of questions from readers wanting to know if they can get prescription drug coverage bundled with Medicare supplement insurance (aka, Medigap).
The short answer is no.
You can get … [Read more...]
What Is Medicare Part G?
There are four different parts to the federal Medicare program. From its inception in 1965, it has been a government-run health insurance program for seniors aged 65 and people with disabilities and medical conditions. But, did you know it isn't all-inclusive care? That's where Medicare Plan G comes … [Read more...]
What Is Medicare Part F?
The federal Medicare program is a series of lettered (A, B, C, and D) health insurance programs available to people, age 65 and older, and certain adults with qualifying disabilities. Medicare Part A and Medicare Part B (Original Medicare) is provided directly by the government, whereas Medicare … [Read more...]
What is a Medicare Supplement Plan… And Why Do I Need One?
A Medicare supplement plan is additional insurance that works in conjunction with Medicare Part A and Medicare Part B benefits. Also known as Medigap, there are 10 standardized plans, A to N. Each lettered plan offers a different level of coverage to suit a variety of needs.
We'll cover … [Read more...]
Do Low-Cost Medicare Supplement Plans Save Money?
Medicare supplement insurance premiums continue to increase. The increases have a lot to do with changes brought about by the Affordable Care Act (aka, Obama) and how these changes affect reimbursements to health care providers. As a result, a lot of seniors are asking about low-cost Medicare … [Read more...]
Is Medicare Plan F Going Away?
As of 1 January, 2020, Medicare Supplement Plan F is no longer available to people turning age 65. But, don't fret, you can still get excellent gap coverage for your Original Medicare.
Key Takeaways
Medicare Supplement Plan C and Plan F are not available to anyone qualifying for Medicare … [Read more...]
How to Choose the Best Medicare Supplement Company
Here at MedicareWire, we are not insurance agents. We do not sell Medicare Supplement insurance or any other type of health insurance.
We are educators and senior advocates. Our job is to make sure that seniors and their caretakers have the information they need to make the best decisions … [Read more...]