Find everything you need for Missouri Medigap Insurance
Individuals over the age of 65 or those with specific, degenerative diseases may be eligible for Medicare coverage. This type of insurance is a government program that that was established through the Social Security Act of 1985. To this day, Medicare insurance coverage still strives to provide health insurance coverage for elderly individuals and those with certain illnesses. In general, Medicare consists of four parts, including:
- Part A: Hospitalization Insurance
- Part B: Medical Insurance
- Part C: Medicare Advantage Plans
- Part D: Prescription Drug Plans
Although these plans strive to reduce some of the financial burden that seniors and seriously ill individuals experience, this program is undeniably not enough to cover every cost of health care. As a result, it is essential for individuals to understand how Missouri Medigap works, and how this program could benefit them, specifically.
Why Missouri Medigap Insurance is Necessary
Government health care plans can be confusing, causing patients to purchase unnecessary plans. As a result, many individuals find that pre-existing health conditions or treatment options fall through the gaps of current health care plans which can leave individuals with thousands of dollars in uncovered health care expenses annually.
Medicare Parts A & B typically only cover about 80% of the costs associated with Medical care. That would leave you paying the additional 20% if you didn’t have some sort of Medicare Supplement insurance plan. As a result, Missouri Medigap Insurance helps to fill in the “gaps” where other insurance does not cover necessary costs of co-payments, co-insurance and deductibles. It is wise to get a quote for different plans and carriers online before enrolling.
Since Medicare terms and requirements can be difficult to dissect, our agency provides a free program that can assist patients in selecting the most beneficial coverage plan to fit their specific health care needs. Information about this service can be found on the our website or call us and we can assist you. Trained advisors can help individuals learn about Medicare basics and Missouri Medigap coverage. In general, patients who are enrolled in Medicare Part A & B are eligible for Missouri Medigap Insurance coverage. Each year individuals are able to renew their Missouri Medigap Insurance plan. While insurers cannot refuse renewal for any pre-existing condition, Missouri Medigap Insurance rates may increase. Call us today to learn what is in your area for Medicare Supplemental insurance.