Everyone, of course, wants the "best" Medicare supplement plan. So, what qualifies a plan as the "best" one? There are a few important factors that play into this analysis, and it is important to have a good understanding of Medicare supplement plans and how they work prior to figuring out which plan is best...
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Author Archive
Best Medicare Supplement Plans – How to Find and Sign Up for the Best Plan
How to Compare Medigap Plans
Comparing Medigap plans is an essential part of choosing the "right" plan for you. It can certainly seem like a daunting task, but it is not nearly as difficult as you may think. First and foremost, plans are standardized, so comparing them is based on other factors, besides differences in coverage. This greatly eliminates...
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Genworth, Owned by Aetna, Upgraded by A.M. Best
Genworth, parent company of American Continental and Continental Life, is now owned by one of the largest insurance companies in the country, Aetna. Recently, on the offshoot of the recent purchase by Aetna of Genworth, A.M. Best upgraded Genworth's Medicare Supplement companies (American Continental and Continental Life) to an 'A' rating. They were previously...
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Medicare Supplements – Make Changes Now to Save in 2012
Medicare Supplements are plans that fill in the "gaps" in Medicare. These plans, contrary to popular misconception, do NOT have an annual enrollment period. On the contrary, you can enroll or disenroll in these plans at any time of the year. There are, however, some general health questions, so you must have relatively good...
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Medicare Supplement Plan G – Looking Better and Better for 2012
Medicare Supplement Plan G is the less-talked-about cousin of Plan F. While 'F' gets all the glory and the "it covers everything that Medicare doesn't" talk, 'G' is often overlooked. This pertains to consumers and even the companies themselves, many of which do not offer it. Even some of the largest Medicare Supplement companies...
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When Is the Medicare Supplement Annual Enrollment Period? (Trick Question)
Many people mistakenly believe that the Medicare Supplement plans have an annual open enrollment period that occurs at the end of the year. However, this is not the case. The end of year open enrollment period actually only applies to the Medicare Part D and Medicare Advantage plans (the plans that replace Medicare).
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Losing Employer Coverage – How To Get a Medicare Supplement Plan
When you lose, or leave, an employer-based group health plan, you have some special provisions, as required by Medicare, for enrolling in a Medigap (also called Medicare Supplement) plan. Keep in mind that plans that are offered through employers are generally NOT an actual Medicare Supplement. So if you have one of these plans,...
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Do Medicare Supplements Offer a Family Discount?
Many time, I get the question about whether a husband and a wife can sign up for a joint Medicare Supplement policy. While all Medicare Supplements are separate policies, many companies do offer a husband-wife discount. This discount can provide a significant savings, when you take out a policy with the same company. So...
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Best Medicare Supplements – What Are the Best Options for Your Age and Zip Code?
The best Medicare Supplement plans are easy to find. Keep in mind that, with Medicare Supplement insurance, plans are standardized, so the "best" plans are the ones that are the least expensive.
The easiest way to find these least expensive plans is to do a medicare supplement comparison. This will show you exactly which plans...
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Medicare Supplemental Insurance – How to Compare
Comparing Medicare Supplemental insurance is an easy thing to do. The plans are Federally-standardized, and because of that, each company offers the exact same coverage for "like" plans. To put it simply, one Plan 'F' is the exact same as another Plan 'F'. However, prices can vary a good bit, so it is important...
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