Can Someone on Medicare get Supplemental Insurance?

Often, Medicare will not cover all medical expenses, and can leave a financial burden for the Medicare beneficiary. Can someone on Medicare get supplemental insurance? Yes, help is available to help compensate for those medical expenses that Medicare either doesn’t pay, or only pays in part. As a matter of fact, special insurance policies referred to as Medigap plans, were created with the specific purpose of helping someone on Medicare get supplemental insurance.

What is a Medigap Plan?

Medigap insurance policies were designed to help someone on Medicare get supplemental insurance. These policies can be purchased from health insurance companies, and are available only to those enrolled in both Medicare Parts A and B. Often, Medicare will not cover certain medical expenses, or will only partially cover them. This is where a Medigap policy comes in.

How Can Someone on Medicare get Supplemental Insurance in the form of a Medigap Plan?

Medigap plans are only available to those who are also enrolled in both Parts A and B of Medicare. The open enrollment period for a Medigap policy is within the 6-month period after enrolling in Medicare Part B, or within the 6-month period after turning age 65. If the person enrolling in the plan does so within this open enrollment time frame, they will not be required to undergo a medical screening and will have a guaranteed issue of the policy.

What Kind of Medigap Plans are Available to Help Someone on Medicare get Supplemental Insurance?

Someone on Medicare can get supplemental insurance in the form of Medigap plans A through L. All states in the United States, excluding the states of Wisconsin, Minnesota, and Massachusetts, carry these standard 12 Medigap policies available through private health insurance companies.

Related posts

1. Which States Have the Best Supplemental Insurance For Medicare?
2. What Is New And Important For Medicare Supplemental Insurance?
3. Can I Get Supplemental Insurance For Medicare If I Am Under 65?
4. How Soon Does My Medicare Supplemental Insurance Cover Me?
5. What Are The Best Medicare Supplemental Plans In Washington?

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