Comparing Medicare Supplement Insurance plans: Which plan is right for me?

Comparing Medicare Supplement insurance can seem confusing, or maybe even downright intimidating. Fortunately, all plans have been standardized by the government to make comparisons easy from one company to another. There are currently 12 standard plans available in most states.

To help narrow down your choices of Medicare supplement insurance plans, try asking yourself the following questions:

If there are excess charges from my physician, over the Medicare approved amount, will the Medigap plan I am considering cover the excess charges?

What overall benefits are included compared to the other plans available, and what is the likelihood that I will need all of the benefits included?

Do I travel frequently, or do I plan to do more travelling in the future? If so, the portability of a Medicare supplement is attractive. Also, does the plan I’m considering include coverage for foreign travel emergencies?

Will my rates rise as I get older? It is important to understand the rating strategy of the insurer to make sure the plan is a good choice now, and in the future.

Can I afford to pay a higher deductible? A high deductible Medicare supplement insurance plan can lower premiums.

By taking the time to do some homework, you can ensure that you will choose the best Medicare supplement plan to suit your needs today, and for years to come.

For more information on Medicare supplement insurance, Medicare insurance, or Medigap plans, go to www.Medicare-Solutions.org, or call 800-805-0285.