Are Medicare supplements really a good value?
Are Medicare supplements really a good value?
YES!
Without a doubt the answer is yes. Here are 5 things that make Medicare supplements a good value for you.
Actually pays the bills that Medicare doesn’t pay
Advantage plans replace how you get your Medicare coverage instead of working with Medicare. Medicare supplements work WITH your Medicare coverage. So instead of exchanging one bill with another, you get two that work together.
Medicare is great coverage but does have some holes. A Medicare supplement helps to fill those holes.
Use any doctor that accepts Medicare so you aren’t restricted by a network
One of the best things about Medicare supplements is there are no networks.
ZERO!
You can see any doctor or hospital that accepts Medicare. In the entire United States. So if you are outside of your hometown or outside of your state, you can rest assured that you have coverage.
And you don’t have to go online while feeling sick to try to find which doctors accept your insurance. This flexibility is tremendously valuable.
Guaranteed renewable. You can keep it for as long as you want. No insurance company can choose to terminate your coverage as long as you pay your premium
Some types of insurance can cancel you if you have a lot of claims. Ever had that happen with car insurance?
I know people who had a few accidents and then got a letter in the mail saying they wouldn’t be offered insurance from that company any more.
You do NOT have to worry about that with Medicare supplements.
As long as you keep paying your premium, your policy is guaranteed renewable for as long as you want.
Peace of mind
No dollar amount limits to coverage.
A common question I get from people is what happens if I have a huge medical bill? Is there a limit to how much this Medicare supplement will pay?
The answer is no!
Medicare supplements work with Medicare. And they don’t have any annual limits where they stop paying if you reach a certain amount in claims.
So you truly have peace of mind that you are covered.
Predictability – not going to get HUGE surprise bills when you actually need to use your coverage
Predictability is important because you don’t want to get a large bill when living on a fixed income.
You know what your premium is each month. Depending on what Medicare supplement you choose, you are going to pay very little, if any, costs when you to go use the plan.
Medicare Supplements = Predictability and Flexibility.
Medicare supplements truly are a great value. And what you are really getting is predictability and flexibility. Predictability that you won’t get surprises when you need to use your plan. And flexibility to use your coverage wherever YOU want to use it.
But just because you have one Medicare supplement right now, doesn’t mean you couldn’t be getting better value from a different insurance company for the exact same coverage.
As an independent Medicare insurance agent, I can help you choose the coverage that you need and deserve. I’m happy to answer any questions you have and guide you through this process which many find to be overwhelming and confusing.
Call me today at 608-571-4461.
Mike Lovell