Medicare Insurance and Supplemental Health Insurance Coverage
The North County Coastal and North County Inland areas of San Diego County are home to many seniors who either qualify for Medicare health insurance now or soon will. The senior years are an exciting stage of life-a time to try explore new interests and activities, but it also marks a major change in an individual’s approach to health insurance. For most people, it is the first time that they will need to factor government-funded benefits into their health insurance strategy.
At age 65, seniors will be eligible for Medicare, a taxpayer-funded program that pays for basic healthcare. Medicare is not a health insurance panacea, however. It does not pay for all medical treatments, supplies, or medications. The gulf between what is covered by Medicare and what is not is referred to as the “Medicare Gap” or “Medigap”.
The absence of Medicare coverage for some medical procedures and services often costs Medicare recipients hundreds and even thousands of dollars. Medicare Part A, for example, pays for a patient’s hospitalization, but it includes a deductible amount and coinsurance requirements. Medicare Part B covers roughly 80 percent of the expenses qualifying under the Medicare treatment guidelines. Medicare Part B requires the recipient to pay an annual deductible amount before coverage begins.
Many San Diego County seniors purchase supplemental health insurance to cover those medical expense that Medicare does not. Medicare supplemental health insurance is also known as “Medigap” insurance. Medigap insurance is essential for seniors who have a retirement saving account they need to protect from the ravages of runaway healthcare expenses.
The health insurance experts at Blanket Health Insurance have studied Medicare Parts A and B in depth. We know what is covered, what is not, and how you can protect your savings from the high cost of healthcare as you age. We will recommend a Medicare Supplement Plan that will cover deductibles, co-payments, coinsurance, and other fees that Medicare requires you to pay. We can shop around for plans that let you visit any doctor who accepts Medicare, without requiring a referral.
Medicare Supplemental health insurance can eliminate the expensive out-of-pocket payments can destroy your budget, especially if you are living on a fixed income. We want you to enjoy the peace of mind that comes with knowing that you can avoid Medicare’s savings-draining deductibles and co-payments with one affordable monthly premium. You have earned a retirement free from financial worry, and Blanket Health Insurance wants help make sure you get it.