If you are on Medicare, you likely will hear about Medigap insurance. You may find that you need the insurance to cover different out-of-pocket expenses for your prescriptions or special therapies. There are multiple Medigap insurance plans and this means you will need to understand your full options. Here are some of the key points you should know to help you choose the right Medicare supplemental program for your needs.
One of the first things you should know deals with how many plans are available. There are many supplemental Medicare insurance plans. Each plan covers a different aspect of your medical care. Some Medigap plans do cover the same essential things. Some work in combination with others while others work only with your main Medicare plan. This is why it is vital for you to discuss your options with a Medicare enrollment specialist. These plans range from coverages for prescriptions to coverage for medical supplies. You will need to check with an enrollment specialist to determine if your current Medicare insurance policies allow for certain plans. If you are on one of the many other insurance plans that the United States offers, you will need to discuss how these would be affected by adding a Medigap plan.
The most common reason for needing Medicare supplemental plans deals with prescription coverage. Many prescriptions are available for coverage on your current Medicare plan. There are some medications that may not be covered. These can be new prescriptions that are not yet listed on the Medicare approval list. The prescriptions may also be ones that are simply not covered. Medicare supplemental plans cover these prescriptions and help reduce your out-of-pocket expenses.
Medical supplies are something that generally needs to be paid for out of pocket. There are some supplies that can be placed under Medigap insurance. For example, catheters and diabetic supplies can be covered under certain Medicare supplemental policies. Many of these supplies are covered through mail-order supply companies. This allows you to get the supplies you need without leaving the home and on a routine basis.
If you are still uncertain about Medigap insurance, contact your local enrollment specialist. They can help guide you through the process, find the right Medigap insurance for you, and get you enrolled. They can also discuss any other options that may assist you in covering your medical expenses and treatments.