Medigap covers certain expenses not covered by original Medicare
Medicare does not cover everything and that’s where Medigap comes in. PRS Insurance can help you with Medicare products in Dallas, Denton, Fort Worth, Houston, Richardson. They have access to the best Medigap coverage as well as advantage plans.
Basically, Medigap is an additional health insurance sold by private companies accepted by Medicare. This additional health insurance pays for certain medical expenses not covered by the original Medicare. These include co-payments, deductibles and health care costs when abroad. You will pay a monthly premium for your Medigap policy.
These monthly premiums can vary between insurance companies. Irrespective if the insurance company and the premiums, your Medigap benefits remain the same. There is an open enrollment period of six months and that is the best time to buy into a Medigap plan. You can buy any Medigap policy irrespective of pre-existing conditions during the open enrolment period. Once you are accepted into a Medigap policy renewal is guaranteed as long you pay your premiums.
However, you also need to know that certain expenses such as dental care, vision care, home health care and prescription drugs. For those you may need to consider one of the advantage plans available. If you cannot have both an advantage plan and a Medigap plan. To qualify for a Medigap policy you need to have Medicare parts A & B. Part A covers hospital expenses and part B covers physician expenses.
Medicare is a complicated program and there are various options such as Medigap and advantage plans. It is a good idea to consult with your area expert about the best plans for your situation and circumstances. PRS Insurance is the area expert in in Dallas, Denton, Fort Worth, Houston, Richardson and they can help you make informed health insurance decisions.