With inflation putting a strain on many people’s wallets, an alternative Medicare plan might help reduce costs. Changing plans may also be necessary if your location or medical requirements change.
Tag: medigap
The Truth About The 6 Big Retirement Myths
Financial myths can harm your retirement planning, and we have all heard at least some of them. The best example of a financial myth is Social Security won’t be here when I retire or the fact that you will continue to work forever. These myths can seriously hurt your financial stability.
Reduce Out of Pocket Medicare Expenses with Medigap
Medigap policies are additional insurance policies you can purchase if you have Medicare. These plans are intended to cover some of the costs not covered by Medicare Part A and Medicare Part B. A co-founder of Boomer Benefits, an insurance agency in Fort Worth, Texas, Danielle K. Roberts, says Original Medicare does not cover deductibles, copays, or coinsurance. Medigap policies could potentially save you thousands of dollars on medical expenses.
Medigap insurance is an integral part of health insurance, and it is important to understand what it covers, how it works, and when you should enroll.