Navigating the complex landscape of healthcare insurance can be a daunting task, especially when it comes to Medicare and its various components. Medicare Supplement Insurance, also known as Medigap, is a type of insurance designed to fill the gaps in traditional Medicare coverage. To help you better understand this crucial insurance, we’ve compiled a list of the 10 most important frequently asked questions (FAQs) about Medicare Supplement Insurance.
Medicare Fact: Medicare Advantage Plans Are Not “Free”
You might have seen advertisements on television or received unsolicited phone calls from insurance agents trying to sell you “free” or “premium-free” Medicare Advantage plans. Buyer Beware… nothing in this world is free, and it is important understand the hidden costs, restrictions and limitations associated with this type of coverage.
What is a Medicare Supplement Plan?
If you’re approaching your 65th birthday and starting to research options for Medicare, navigating through all of your new health care choices can be overwhelming.