If you have enrolled in (or are about to enroll in) Medicare, you may benefit from Medicare Supplement Insurance. Both Part A and Part B of Medicare leave you with out-of-pocket expenses that are pretty substantial. For example, copays, deductibles, and co-insurance can add up to about 20% of your total medical bills, and they are not included in your Medicare Part A and B benefits.
Getting a supplemental Medicare policy can not only help you prevent large out-of-pocket costs on a high medical bill, it can also allow you to see your Medicare-participating doctor without a referral. With a supplemental policy, you can obtain a separate dental and vision plan and use your overall coverage worldwide.
Medicare Supplement Insurance, sometimes called Medigap, gives you more predictable medical payments than Medicare Parts A and B alone. Talk to your agent as you approach age 65 so you don’t miss your window of easy enrollment.
