Medicare Supplement Center

Mediare Part A and Part B Plus Medicare Supplement Insurance

Seniors may be concerned that once they get on Medicare their insurance coverage will decrease in benefits.  When you combine Medicare Part A and Part B with Medicare Supplement Insurance you will find great insurance coverage for your medical bills. For example, Medicare supplement coverage found on a Plan F covers all the Medicare Part A and Part B deductibles and the 20% of Medicare Part B charges not covered by Medicare (as well as 100% of all excess charges).  What does that leave the insured to pay?  Nothing if all the charges are approved by Medicare and the insured is going to a provider that accepts Medicare.  How can the coverage improve unless you were paid to go to the doctor or hospital!  The only piece missing is a Part D (prescription drug plan) to the Medicare and Medicare supplement coverage.

Seniors Reach Medicare Part D 'Doughnut Hole'

A Kaiser Family Foundation study released in August said that in 2007 about 3.4 million Americans enrolled in a Medicare Part D drug plan reached the doughnut hole.  The 3.4 represents 26% of the Medicare Part D enrollees in 2007.  Also, 22% of Medicare Part D enrollees stayed in the doughnut hole for the remaining part of the year while the remaining 4% reached the catastrophic level.  Many seniors combine Medicare Part A and Part B with Medicare supplement coverage for their health insurance and find the addition of a Part D plan very beneficial.  Medicare Part A and B combined with a Medicare supplement gives great flexibility in doctor and hospital selection.  Buying a Part D plan rather than a Medicare Advantage Plan with Part D built in gives the consumer the ability to choose a Part D plan that best fits their RX needs.

Medicare Supplements See Lower Rate Increases

Good news for Medicare supplement policyholders!  Aon Consulting Worldwide surveyed more than 70 leading health care insurers.  Part of the survey focused on Medicare supplement rate increases.  The result was that rates were projected to increase 7.3%.  This is good news since a year ago the rates were increasing 11.2%.  Rates can be expected to increase.  But there is a way to potentially lower your Medicare supplement rate.  How?  By shopping around.  Contact an agent, which can easily be done over the internet, and get current Medicare supplement quotes.  This way you can see if there is something more affordable with equivalent benefits.