6 Truths about Medicare Supplement Insurance Plans

6 Truths about Medicare Supplement Insurance Plans

Article Excerpt: "For many individuals covered by Medicare, the thought of being responsible for 20% of all their medical expenses can be nerve-wracking...Medigap only pays secondary to Original Medicare as the primary coverage. Clients who enroll in a Medicare Advantage plan, managed by private insurance companies, can only buy a Medigap plan if they are returning to Original Medicare. ..."

Resource: www.thinkadvisor.com

Medicare Supplement Insurance Plans,Medigap,Traditional Medicare vs Medicare Advantage,

Traditional Medicare vs Medicare Advantage

Medicare Advantage? Medicare Disadvantage would be a better name.

Article Excerpt: "...the federal government reported that 13% of denials in Medicare Advantage would not have been refused under traditional Medicare. Medicare Advantage plans are also increasingly ending nursing home and rehabilitation care before providers consider patients ready to go home. While medical professionals make those decisions under traditional Medicare, in Medicare Advantage the insurer decides. So instead of innovating care, Medicare Advantage seems to mainly withhold it. It has also proven to be costly. Because such plans get higher government payouts for sicker patients, ..."

Resource: www.newsobserver.com

Traditional Medicare vs Medicare Advantage,