MONDAY, OCTOBER 18, 2021
If you’re approaching the age of 65 birthday, you’ll probably want to consider starting your enrollment process in Medicare. Medicare can help save you money from out-of-pocket health care expenses. Medicare typically refers to Part A and Part B; Part A provides inpatient and hospital coverage while Part B provides outpatient and medical coverage. While A and B offer valuable coverage, they won’t cover all of your medical expenses
Medicare supplemental plans, also known as Medigap, can help you. These policies can be purchased to pay for expenses that your Medicare plan does not cover. Be sure to talk with your agent at Reviello's Insurance Agency to determine which Medigap policies are right for you. 
How Much Does Medigap Cost?
Typically, to purchase a Medigap policy, you first need to have Medicare Part A and Part B. You will have to pay a monthly premium for coverage. In addition to your Medicare premium, you will have to pay an additional amount for your Medigap policy.
The cost of your Medicare and Medigap policies can vary based on the following:
Be sure to consult your agent before making any final decisions.
Can You Change Medigap Plans Every Year?
In most cases, you won’t have a right under federal law to switch Medigap policies, unless one of the following applies:
If one applies to you, you don’t have to wait a certain length of time after buying your first Medigap policy before you can switch to a different Medigap policy.
In general, your Medigap plan is guaranteed renewable each year as long as you pay your premium. If you continue to pay your premium, your plan will renew each year automatically. Your coverage will continue year after year as long as you pay your premium. There are exclusions to this policy for some Medigap plans purchased before 1992. Be sure to discuss your current plan with your agent before switching your current supplemental plan.
What Does Medigap Cover?
Medigap policies help fill the gaps in your Original Medicare plan. Your Medicare plan will not cover all health care services and supplies; this is where Medigap policies can help. Medigap can help pay for health care costs such as:
Medigap policies typically do not cover the following:
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Long-term care
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Vision care
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Dental care
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Hearing aids
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Eyeglasses
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Private-duty nursing
Other types of insurance can help cover those additional health care costs. Be sure to discuss your needs with your agent to get the coverage best suited for your needs.
Contact Us Today!
At Reviello’s Insurance Agency we want to help you get the coverage that is right for you. Contact us today to discuss your Medigap needs.
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