Posts Tagged ‘pennsylvania medicare supplement insurance’

Pennsylvania Medicare Supplement Insurance

Monday, September 12th, 2011

If you are lucky, you have not found yourself in need of assistance only to learn that the type of coverage you thought you had is non-existent. These things happen, and in a larger number than many of us imagine. Pennsylvania Medicare supplement insurance helps in such cases. The problem is misinformation about insurance quotes, which may or may not be a result of negligence by the insurance companies. However, playing the blame game on the thousands of elderly folk out there without proper cover in these times of information overload does not help at all.

Many of us find ourselves tied up in the wrong coverage plan or find that our particular needs are not catered to. At such times, we will want to modify or upgrade our package, but not everyone knows how to go about it.

Supplemental insurance works by giving you full Pennsylvania coverage, which is affordable. Outpatient and hospitalization insurance has a lot of gaps and this necessitates the use of Pennsylvania Medicare supplement insurance plans, which work by filling all the gaps in the 10 insurance plans offered in Pennsylvania. For instance, the Pennsylvania Medicare part D coverage covers high risk areas which are excluded by Medicare. The fact is, Medicare coverage offers less expensive coverage when compared to other covers like Pennsylvania Medigap plans, but in the end, you will find a lot of gaps in the coverage and will probably need to do away with it all together. All of this can be avoided if you purchase Pennsylvania coverage.

Cheap is not the best way to go when it comes to insurance and this is what a lot of people are beginning to learn after going through unnecessary trauma. Comprehensive Pennsylvania Medigap insurance coverage, which reflects your needs is available for you should you need it. There are complexities in insurance coverage generally, but Pennsylvania Medicare supplemental insurance is standardized, so the quotes in any particular plan will be the same. For instance, if we purchase a coverage plan D from one insurance company and purchase the same D plan from a different company, the details in coverage will be the same.

Depending on your particular coverage and income, you may wish to reduce your premium by omitting any coverage, which is unnecessary for you; this is what a lot of people do with Medicare Supplemental Plan D. They do not need the part B Deductible coverage so they do away with it. It is a good way to cut down on your premium.   

A few packages like the Medigap Plan F are rather comprehensive compared to the rest of the packages and they attempt to secure the needs of the individual to the maximum. You will notice this when looking at most of the angles in their health care. Pennsylvania Medicare supplement insurance makes coverage more comprehensive by covering many gaps in the middle. I would advise a thorough review of all the packages and quotes before purchasing coverage. If you are going to buy Medicare, make sure you know exactly what you are covered for. Pennsylvania Medicare supplemental insurance should be checked out.

Where To Find Pennsylvania Medicare Supplement Insurance

Monday, September 5th, 2011

Medicare beneficiaries living in the state of Pennsylvania may want to locate an established Pennsylvania Medicare supplement insurance plan to help defray medical costs.  However, if you are like me, simply searching for something like “Pennsylvania Medicare supplement insurance plans” online doesn’t provide much help.

There seems to be an infinite amount of information regarding these plans, and it can be difficult to understand which plan you really need.  A quick look online may spark an entire list of questions, such as:

– Do you need Pennsylvania Medicare supplemental insurance, or do you need Pennsylvania Medicare Part D coverage? 
– Is Pennsylvania Medigap insurance coverage better, and just what exactly are Pennsylvania Medigap plans? 
– How much should you be willing to pay for these plans, and do you need more than one? 
– What can you expect to be covered under the plan, and how much of your medical costs will you still have to pay for?

There are a lot of things to consider when researching these plans, but don’t worry.  You aren’t on your own.  There are many great resources available to assist beneficiaries in choosing the plan that best fits their need.

A first option is to contact a local health insurance broker.  If you already have car insurance, life insurance or home owners insurance, try those brokers first.  If you are comfortable dealing with these agents, the process of purchasing supplemental health insurance can be less stressful.

Of course, not all agents who offer car or life insurance deal in health insurance.  If your current brokers do not offer a supplement plan and cannot refer you to someone who does, then you will need to do a bit more research.  Begin by asking your friends and family for a referral.  Often, someone you know will have a plan they are satisfied with, and this may be the right plan for you as well.

If you don’t have any luck with referrals from those you know, there are many agencies who offer advice regarding such matters.  Check the local phone listings for helplines or brokers, and if you have an AARP or similar membership, call their customer service line.  AARP may be able to provide recommendations regarding supplemental insurance, and can send out brochures detailing available plans.

If you do decide to search for insurance online, make sure you read all information carefully and check up on any company before buying a policy from them.  You can read about companies on the Better Business Bureau site for your area.  Complaints, and whether or not they were resolved, will be noted by the Better Business Bureau.   This allows you to find out if the company has a history of satisfying customers.

Pennsylvania Medicare supplement insurance is a great investment for any Medicare beneficiary.  Although it can take some time and work to research these plans, you will be glad you did when you have a medical expense which is completely covered between Medicare and your supplemental insurance!

The Process I Used To Find My Pennsylvania Medicare Supplement Insurance

Monday, August 29th, 2011

When I became eligible for Medicare, I realized that I wanted more coverage so I started looking for Pennsylvania Medicare supplement insurance. In order to find the right coverage for me, I followed several steps. My journey to find good Pennsylvania Medigap insurance coverage was very successful. Thus, I have decided to discuss the steps that I took to find this coverage. In this blog, I will explain the steps that I took and why I took them. Hopefully, other people can use the steps in my process to help them find their own supplemental coverage.

 First, I made of list of all of the things that I wanted coverage for. I included big ticket items like long term private nursing home care. I also included small items like help paying for my prescription drugs and help paying the co-pays and other out of pocket costs that Medicare did not cover. Then, I made a chart. I listed all of the things that I wanted along one side of the page. Along the top of the page, I listed all of the Pennsylvania Medigap plans. There was a series of plans labeled with the letters A through N. However, I did not include all of these plans, as some of them were no longer available for new patients. Then, I made X’s to indicate which plan covered which items. Using this chart, I was able to match which of the Pennsylvania Medicare supplement insurance plans would cover the most of what I wanted.

Then, using the internet, I found the websites of several companies that sold Pennsylvania insurance for supplements. Some of the companies that sold these plans were famous companies whose names I recognized and trusted. For instance, the AARP offered Pennsylvania Medicare supplement insurance plans. There were other companies that I had never heard of who also sold these plans. I looked through all of their websites and made a few phone calls. Then, I decided which company I wanted to work with by comparing their costs. I did not want to take the cheapest offer. I wanted to take a low price offer but only from a company whose name I trusted.

If you are not internet savvy, you can skip the above step by contacting your state’s Health Insurance Assistance Program. Ask them if they have a guide with a cost analysis of different insurance companies. They may be able to mail you a chart that gives you a look at which companies offer which coverage at which prices. This can help you make your final decision.

While going through this process, you should keep in mind that you may not be able to find a plan that covers everything that you want. For instance, I could not find a plan that would cover a long term private nursing home stay. However, the plan that I opted to buy had many benefits that would help me to save money for a nursing home later. I also got Pennsylvania Medicare part d coverage to help me pay for my prescriptions. All of these Pennsylvania Medicare supplement insurance plans had one thing in common, and that is that they would help lower my bills and make my financial and health life better.

Benefits Of Getting A Pennsylvania Medicare Supplement Insurance

Monday, August 22nd, 2011

Pennsylvania Medicare supplement insurance plans are one type of Medicare insurance provided to people who have Medicare. Commonly referred to as Medigap, the Pennsylvania Medicare supplemental insurance plan can help pay for your coinsurance, copayments, or deductibles of Medicare-covered services. Working together, these two types of insurance plans will provide the most comprehensive coverage that anyone over the age of 65 can get. Residents of the state of Pennsylvania who have been legal residents of the US for at least 5 years are eligible for Pennsylvania Medigap insurance coverage.

Important Things to Know about Pennsylvania Medicare Supplement Insurance 

When I planned on getting Medigap insurance there were some things I had to have before I became eligible. For one, anyone who wants to buy Pennsylvania Medigap plans will need to have Medicare Part A and Part B. Medigap policies are not paid for by Medicare since this is a private insurance policy. Your policy must follow Federal laws as well as Pennsylvania state laws that cover Pennsylvania Medicare supplement insurance plans and Medicare. The policy should also state clearly that you are taking a Medicare Supplement Insurance.

I also learned that the Pennsylvania medical insurance coverage only covers me, since Medigap policies only cover one person. This means that if you are a couple and you both want coverage, you each have to buy individual Medigap policies. Another important thing to note is that there is some coverage not included in a Medigap policy. Therefore, it is important that you view the benefits of the policy before buying. For one, prescription drug coverage or Pennsylvania Medicare part D coverage is not included in Medigap policies. In my case, I wanted prescription drug coverage so I joined the Medicare Prescription Drug Plan, which is offered by private companies but approved by Medicare.

How to Get Affordable Pennsylvania Medicare Supplemental Insurance

There are various companies in the state that offer Medigap policies, which are categorized according to letters A through N. Most companies can only sell standardized policies, which offer the same basic benefits, no matter which company offers it. However, companies differ slightly in the cost of each policy, which is the only difference between them. This is the reason why it is important to shop around for the company that offers the most affordable Pennsylvania Medigap plans with the same basic coverage as the rest. In other states such as Wisconsin and Minnesota, insurance companies also offer a policy called Medicare Select, which is also composed of standardized plans that require the use of certain providers but cost less compared to other Medigap plans. 

Getting a Pennsylvania Medicare supplement insurance plan has provided me the widest range of coverage. Knowing that Medigap works hand in hand with Medicare to cover all my health and hospital needs, I am assured that I am covered no matter what medical emergency may arise. The extra cost for a Medigap coverage is worth every penny for the peace of mind that Pennsylvania Medicare supplement insurance gives.

How I Found The Right Pennsylvania Medicare Supplement Insurance

Monday, August 15th, 2011

When I needed Pennsylvania Medicare supplement insurance, it was time to panic. So many choices were offered at different premiums, I was confused and afraid to make a decision. I could not afford to buy the wrong policy. Finally, I found the right insurance agent to help me. This insurance agent said to write down my medical history, any special protections I might need and buy the best Pennsylvania Medigap insurance coverage I could afford. It was easy to find the right policy and feel good about the coverage when I followed her advice.

Medical History

It only took 20 minutes to write-down the medical history at first. Over the next two days, I added more information. By making a complete list of prescriptions, past medical history, present conditions and possible future events, important items, like expensive arthritis prescriptions or severe hay fever attacks in the spring, were not overlooked. Besides the normal doctor visits, tests and prescriptions, I have to be concerned with the aftermath of any hospitalization. As I live alone, any serious medical condition requires recuperating in a skilled nursing facility. After checking the Medicare coverage, I discovered Medicare only pays for 20 days and will pay anything over $124 a day from day 21 through day 100.

Probable Needs

I am young and fairly healthy. The only known major medical problem is a painful left knee. As my doctors have recommended a knee replacement, this procedure will be done sometime in the next few years. Therefore, the Pennsylvania Medicare supplemental insurance must cover rehabilitation care as I cannot go home without help or pay this expense myself. My blood pressure is under control, my heart is in good condition and my cholesterol level is low. Although I need to lose 20 pounds before surgery, I have no other known health issues.

Analyzing Different Policies

When I called the helpful insurance agent, she set an appointment and said we would only need 30 or 45 minutes if I brought the information. Once I showed the agent my list, the insurance agent asked a few questions and then reviewed different Pennsylvania Medigap plans. Although she included some economy priced packages, she clearly explained why they might not work. Among the best options were Pennsylvania Medicare part D coverage, which included rehabilitation and the two options under part F, the regular plan and the high deductible plan. The high deductible plan F pays nothing until I pay $1860 but it was less expensive. All of these covered foreign travel emergencies. After analyzing the different benefits and premiums, I chose the lowest cost policy meeting my requirements. The insurance agent cautioned me to purchase a policy I could easily afford, as the premium will probably rise in the future.

With the help of a knowledgeable agent, reviewing Pennsylvania Medicare supplement insurance plans was easy. By looking at health issues and anticipating future needs, I got the best policy. Pennsylvania Medicare supplement insurance takes the worry out of the future and allows me to get the medical treatment I need.

Understanding The A, B, C’s Of Pennsylvania Medicare Supplement Insuran

Monday, August 8th, 2011

As soon as I understood the different categories of Pennsylvania Medicare supplement insurance, finding the right policy was easy. The state of Pennsylvania helps its residents find ways to reduce health costs by insisting every company offer plan A and plan B insurance. Insurance coverage plans C through J are not offered by every insurance provider. By matching this valuable supplement to each individual’s need, people get the health care they need at a price they can afford.

Plan A

Plan A is basic Pennsylvania Medigap insurance coverage. This coverage pays hospitals $248 a day from the 61st day through the 90 day and $496 a day starting on the 91st day for a specified time. In addition, it covers the first 3 pints of blood, hospice care and some medical expenses.

Plan B

Like plan A, plan B. includes 100% Medicare part B coinsurance plus covers part a deductible. This is a substantial savings, as Medicare requires the patient to pay $992 during the first 60 days of a hospital stay and the first $131 of approved medical expenses. Both of these plans are fundamental coverage with affordable premiums.

Plans C Through J

Insurance companies get to pick which of these Pennsylvania Medigap plans they offer. By carefully comparing the different coverages and premiums, anyone can match a program to their health requirements. I like Pennsylvania Medicare part d coverage. This policy includes basic coverage and Medicare part a deductible. Having coinsurance for a skilled nursing facility is a required provision at my advanced age, any accident or hospital stay requires extensive recuperation. This plan also has foreign travel emergency protection allowing me to enjoy frequent Canadian adventures without health worries.

Before I discovered the various programs and found a competent insurance agent to explain them to me, I was baffled by all the advertisements on television, radio and in the newspapers. Finally, a caring agent took the time to explain how to find the right program. This agent asked questions about our health and any serious problems we had. Because I am diabetic, medical procedures, cuts, burns or breaks take a long time to heal. The insurance man said it was mandatory for our peace of mind that my wife and I carry insurance for skilled nursing or rehabilitation centers. After all, we cannot afford to pay this cost ourselves. This caring gentleman also asked if we had any other Pennsylvania Medicare supplemental insurance as he said he was required by law to make sure we did not carry duplicate policies.

The different Pennsylvania Medicare supplement insurance plans are easy to understand and compare when someone takes the time to explain what is covered and the cost. Plan A is the cheapest, plan B provides a little more protection and plans C through j allows people to customize this valuable pennsylvania insurance to their needs. The only way I found to get the right Pennsylvania Medicare supplement insurance plan is to analyze our health requirements and then find a policy to cover those issues.

Why Buy Pennsylvania Medicare Supplement Insurance?

Saturday, July 30th, 2011

If you have Medicare as your primary health insurance and live in the state of Pennsylvania, have you thought about obtaining Pennsylvania Medicare supplement insurance?

Many times, individuals believe that Medicare will cover the full cost of their health care, and are surprised when they receive a bill for copayments or deductibles after a visit to the doctor.  Medicare coverage can be hard to understand, but when talking about coverage for things like physician visits and medical supplies, you should know that Medicare would only actually pay for 80% of allowed charges through their Part B benefit.  This means a physician’s visit costing $200 could cost you $40 out of pocket.

For those on a limited retirement income, $40 can be a lot of money.  Even individuals with larger incomes do not want to spend any more out of pocket than they have to, and that is where Pennsylvania Medicare supplemental insurance comes in.  For as low as a few dollars a week, these plans pick up any charges Medicare deems to be the responsibility of the patient.

Also known as Pennsylvania Medigap insurance coverage or Pennsylvania Medigap plans, a secondary policy of this type will always pay copay amounts after Medicare has processed a medical claim.  However, you should shop around for the best plan for the right price. 

Some Pennsylvania Medicare supplement insurance plans cover more than just the copay.  There are plans that will cover the $110 annual deductible and others that will pick up charges for items Medicare does not cover.  An example of this would be syringes used to administer insulin.  Medicare does not cover syringes, but a secondary insurance might pick up some or all of the cost.

Individuals worried about the cost of prescription medication may want to consider a Pennsylvania Medicare Part D coverage plan.  Unlike other plans, which offer medical benefits related to things like visits to a physician, medical supplies, and lab work, Part D coverage plans specifically address prescription medications. 

You should be very careful when looking into these plans, though.  Medicare Part D plans are some of the most complicated insurance plans available. Often there are large donut holes in the policies, which can cost you a great deal of money. 

A donut hole is a place in the annual medication expense where you pay 100% of the cost.  For example, a plan might pay 80% of drug costs up to $3,000.  Then, they might pick up 100% of the cost after $9,000.  Between those two amounts, you foot the bill. That means if you have over $9,000 of medication costs in a year, you will be paying for more than $6,000 of it!

When buying Pennsylvania Medicare supplement insurance of any type, always make sure you read the fine print in the policy.  Never buy insurance when you do not understand what you are paying for, what items will be covered, and understand how much the insurance will expect you to pay out of pocket. Supplement insurance can be a great friend to those with high medical costs, but the wrong insurance can cause unexpected expense.

What You Should Know When You Are Buying Pennsylvania Medicare Supplement Insurance

Monday, July 25th, 2011

When started researching Pennsylvania Medicare supplement insurance, I was overwhelmed by all of insurance plans provided by various health insurance providers.  If you are approaching retirement, I strongly recommend you start comparing Pennsylvania Medigap plans early.  When you do your homework, you can make an informed decision and get peace of mind in knowing you have the right supplemental coverage.  If you fail to do your homework as I did, you may end up investing in less than adequate Pennsylvania Medigap insurance coverage.  Do not assume you are fully covered by Medicare and understand how Pennsylvania Medicare supplement insurance plans will cover all of your medical needs.

 

Do Not Be Fooled, All Gap Insurance Plans are Regulated By the Federal Government

 

Health insurance companies will pressure you to buy the most expensive Pennsylvania Medicare supplemental insurance plan.  Sales agents pressure you with scare tactics of what may happen to your home, your family, and your life, if you buy the wrong supplement plan.  When I first signed up for my Pennsylvania Medicare supplement insurance, the insurance agent I dealt with successfully pressured me into purchase the most expensive plan available.  This plan is referred to as Medigap Plan N.  In order to qualify for Medigap N, purchasing Medigap A and B was a requirement.  I also had to invest in Pennsylvania Medicare Part D coverage separately if I wanted any coverage for prescription drugs.  After I ended up selecting all of the plans I needed, I quickly realized I was spending a small fortune on my supplemental Medicare insurance.

 

This is when I started researching what plans are best.  Yes, I admit, I should have done my homework before I signed up for my plan.  However, doing my homework later was certainly better than paying without a second thought.  When I started to doing my research, I discovered that the Federal Government regulates all gap plans.  While not all insurance companies offer all 12 gap plans, each company that does must offer the same benefits.  This enticed me to contact another insurance agent with the reputation of informing their clients and not pressuring them.

 

An Honest Insurance Agent Will Sell You the Right Pennsylvania Medicare Supplement Insurance

 

Evaluating what policies meets your needs and your budget, is the most important thing you can do.  Make sure to locate insurance agents in your area that are experienced in Medigap insurance.  When I sat down with my city’s most prided insurance agent, I found out that the plan I invested in gave me great benefits at a cost.  I informed my agent of my budget and my budget worked up a comparison chart to show my how much I could get for my money. 

 

The process of switching Medicare supplement insurance plans can be frustrating.  Sit down with an agent who will recommend the best policy to suit your needs.  When you invest in insurance, agents should think about your needs and not their commissions.  Customize your Pennsylvania Medicare supplement insurance make careful considerations before you choose one.

Why I Decided To Supplement My Medicare Coverage

Monday, July 18th, 2011

I recently had my sixty-fifth birthday and enrolled in Medicare, but I realized that it would not pay for all of my medical bills so I also started looking for Pennsylvania Medicare supplement insurance. I wanted coverage that would take care of me the way that I wanted to be taken care of. It simply seemed that there were too many doctors in my town who did not accept Medicare. Not even my long-time trusted family doctor accepted that sort of coverage. I asked his office manager what she would advise, and she told me to look at some Pennsylvania Medicare supplement insurance plans. A good plan, she explained, would allow me to keep visiting their office with little to no out of pocket expenses.

 

In addition to worrying about which doctor I got to visit, I also had other issues weighing heavily on my mind. I had read in a recent New York Times editorial that Medicare was running out of money. The columnist claimed that it was responsible for spending billions of dollars each year on the elderly and the chronically ill. I knew that there was no way that Medicare could keep up with these payments so I looked at Pennsylvania Medicare supplement insurance plans to give me additional peace of mind. However, once I started researching my options, I learned several things about Pennsylvania Medicare supplemental insurance.

 

I learned that Pennsylvania Medigap insurance coverage was heavily regulated by the state and federal governments. It did not offer what I had expected from a private insurer, but it offered a lot of benefits that I decided would be worthwhile. It would help me quite a bit now that my income was a little lower. Most Pennsylvania Medigap plans would cost the same amount of money regardless of my age. These plans would not allow me to see whichever doctor I wanted to, but they would help me in other ways. This coverage would pay for the co-pays that Medicare did not cover. It would not pay for long term care in the nursing home or hospital, but it would help me financially along the way. However, these plans did not seem to offer anything to help pay for the prescription drugs that I needed. I did not want to take hundreds of pills a day, but I needed a couple of prescriptions. For instance, I was on a small steroid to help with my arthritis. Without that drug, I would be in pain for most of the day.

 

Then, I found Pennsylvania Medicare part d coverage. This coverage would help pay for the cost of my prescription drugs. Depending upon which drug I was buying, it would offset anywhere from thirty to fifty percent of my out of pocket costs. I was more comfortable saving that money than spending it, and I really liked the flexibility that I got when I opted to add this additional coverage to my current government insurance plan. All of the research that I did on Pennsylvania Medicare supplement insurance helped me to realize where the holes in the Medicare coverage are, and I realized how helpful it is to add additional policies.

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