The first thing you have to consider when looking at Medigap insurance or Georgia Medicare supplemental insurance is what type of Medicare you have. You’ll need to identify what is and what isn’t covered under the plan that you have and according to different scenarios so that you can determine your own needs. While everyone’s situation is different, it does ring true that Medigap insurance does benefit all seniors.
Now you probably have plenty of questions, such as what exactly are you going to be covered when you purchase one of these supplemental policies. You are definitely thinking about the cost. Once you compare the coverage and cost with logical reasoning based upon your needs, you’re actually going to find out that you will likely save a ton of money.
In many circumstances, a policy like this can save your entire financial situation and keep your family from having to take care of leftover medical bills. And of course you’re wanting to find out where you can buy a policy from and also when you are allowed to purchase one.
Naturally these plans are not stand-alone policies, as the term “supplemental” means that it will add to what Medicare already provides you. The only time you can get one of these policies is if you are enrolled in either Part A or Part B Medicare coverage. And, your beneficiaries are also able to be protected by this coverage as well.
Now if you are in a Medicare Advantage plan, a supplemental policy is not able to be added to this. Furthermore, there is an open enrollment period in which you will need to be ready to apply for this type of coverage, just as you would with regular Medicare.
Why would you make sure you enroll for coverage during this period? This is because when you do so, you’re not subjected to medical underwriting, which can of course fluctuate the price of the coverage as well as type of coverage and what you qualify for.
When it comes to the state of Georgia, you’re going to be applying for Medigap insurance with regular insurance companies. Most of them have this type of coverage available, and you just want to follow the open enrollment guidelines so that you are protected from adjusted rates.
Of course, this doesn’t mean that there is no difference in plan costs from company to company. So, you do want to get quotes as you would for any type of insurance selected. There are also different plans, and they are grouped according to letters.
Click here to request quotes for Georgia Medicare supplemental insurance from and independent agent. Even if you are looking for Medigap insurance for another state you can use this website to get unbiased free quotes.
Once you evaluate your needs for supplemental insurance, you can then determine what extra coverage you’re going to need. Naturally, you’re going to be considering your budget at the same time. Since many people getting these plans are on a fixed income, the companies are aware of balancing needs with affordability.
After all, these plans aren’t for covering you entirely. They are instead for making up for what Medicare doesn’t cover. Twenty percent is a lot to cover on your own when the bill is thousands of dollars! So, these policies make perfect sense for many people.
Most of the people that get these policies will be on Medicare due to retirement and age. Other people that get them are on disability. Georgia allows for people to get these policies that have a disability, even if they are under 65.
So the best thing to do is to look at plan categories and decide what type of plan you need for you and your family. Be sure you do your homework ahead of time so that you can be ready when the open enrollment period begins.
Elizabeth Warren RIPS Tom Price for Wanting to Cut Over a Trillion Dollars From Medicare, Medicaid
In a contentious hearing Wednesday, Sen. Elizabeth Warren (D-MA) grilled Rep. Tom Price (R-GA) — Donald Trump’s nominee for Health and Human Services secretary — over his proposal to cut to cut funding for Medicare and Medicaid, as well as his introduction of legislation that directly benefitted a company he held stock in. Noting that more than 100 million Americans receive healthcare through the federal programs Medicare and Medicaid, Warren asked Price if he hopes to cut Medicaid funding by more than trillion dollars, as his 2017 budget proposal suggests. Price did not directly answer whether he proposed the trillion dollar cut, instead arguing the “metrics” of success for Medicare and Medicaid are “not necessarily the amount of money” put into the programs. Warren refused to let Price dodge her question. “It’s a yes or no,” she pressed. “Did you propose to cut more than a trillion dollars out of Medicaid over the next ten years?” “You have the numbers before you,” Price shot back. “I’ll take it as a yes,” Warren replied. The Massachusetts senator then referenced Donald Trump’s campaign pledge not to cut funding to Medicare and Medicaid, asking Price if he can “guarantee” he “will safeguard president-elect Trump’s promise” regarding funding for those programs. Price, once again, dodged the question. “Your question presumes that money is the metric,” Price began. “I’m sorry to interrupt but we’re very limited on time,” Warren replied. “The metric is money.” “Frankly, the millions of Americans who rely on Medicare and Medicaid today are not going to be reassured by your notion that you have some metric other than the dollars that they need to provide these services,” she continued, noting “Americans will be watching” to see if Price reneges on Trump’s campaign promise. Warren then pressed Price about his stock holdings in Zimmer Biomet, a medical device manufacturer that made several contributions to Price’s reelection campaign. In March 2016, six days after purchasing stock in Zimmer Biomet, Price introduced legislation in the House that directly benefited the company. Warren took issue with Price’s argument that he was not the one “making those decisions” to buy stock in the company, noting the HHS nominee did not use a blind trust or passively managed mutual fund. “So let’s just be clear, this is not just a stock broker, someone you pay to handle the paperwork,” Warren began. “This is someone who buys stock at your direction. This is someone who buys and sells the stock you want them to.” “Not true,” Price said. “Because you decide not to tell them” Warren asked. “Wink, wink, nod nod, and we’re all supposed to believe that?” The Massachusetts senator then asked Price directly if he took actions to benefit a company he owned stock in. “I’m offended by the insinuation, senator,” Price replied.Elizabeth Warren GRILLS Tom Price at Senate Confirmation Hearing 1/18/17. Senator Elizabeth Warren (D-MA) blasted Donald Trump’s nominee to become Secretary of Health and Human Services over his desire to drastically cut essential services, including Medicare and Medicaid. Warren reminded Rep. Tom Price (R-GA) that Donald Trump himself promised he would not cut those core safety net programs. After informing Rep. Price “more than 100 million Americans now receive their healthcare through Medicare and Medicaid,” Sen. Warren reminded Rep. Price the budget he authored as chair of the House budget committee would have cut spending on Medicaid by 9 billion over the next decade, and would have cut Medicare by more than trillion Price’s response? The “metrics” used to determine success of these programs should not be dollars. That prompted a heated exchange, with Senator Warren slamming a combative Price, then reminded Rep. Price that “President-elect Trump was very clear about his views on Medicare and Medicaid.” “Can you guarantee to this committee that you will safeguard President-elect Trump’s promise and while you are HHS Secretary you will not use your authority to carry out a single dollar of cuts to Medicare or Medicaid eligibility or benefits?” Warren asked. “What the question presumes is that money is the metric,” Price responded. “In my belief from a scientific standpoint, if patients aren’t receiving care even though we’re providing the resources, it doesn’t work for patients.” Warren was not buying what Price was selling. “We’re very limited on time,” she reminded the nominee. “The metric is money. And the quote from the President-elect of the United States was not along this to cut dollars from this program. So that’s the question I’m asking you. Can you assure this committee you will not cut one dollar from Medicare or Medicaid should you be confirmed to this position?” “I believe that the metric ought to be the care that the patients are receiving,” Price insisted. “I’ll take that as a no,” Warren retorted.