Tag: Medigap Insurance
Your Guide to Medigap and Other Medicare Supplement Plans
August 6, 2022
Medigap is Medicare supplemental insurance. Private insurance companies sell these policies. They are designed to help cover the gaps in healthcare costs with original Medicare,...
Social Security vs. Medicare
June 21, 2022
Social Security and Medicare are related. Many seniors begin receiving benefits from both at approximately the same time. However, they are two different programs administered...
How to Avoid Medicare Penalties
June 6, 2022
Medicare charges late enrollment penalties that take some people by surprise. These penalties are designed to discourage older Americans from passing up Medicare coverage and...
How to Prepare For Your “Welcome to Medicare” Visit
May 21, 2022
If you are new to Medicare, you are embarking on a new phase in your healthcare journey. One of the first things you will do...
Can I Switch to a Different Medigap Policy?
March 21, 2022
If you have Medigap insurance (Medicare Supplemental Insurance), you may be considering switching or canceling your policy. Under certain circumstances, you have the right to...
How Medicare Supplemental Insurance Saves You Money
March 6, 2022
Medical Supplemental Insurance, which is also called “Medigap insurance,” covers the coinsurance and copay costs that are paid out-of-pocket with Original Medicare. Original Medicare covers...
Can I Be Denied a Medicare Supplement Plan?
February 21, 2022
Whether you can be denied supplemental insurance for Medicare depends on when you apply for the coverage. Timing is crucial if you want to enroll...
Is Medigap Insurance Tax Deductible?
February 6, 2022
If you have Original Medicare along with a Medigap insurance plan, your Medigap premiums are tax-deductible. They are treated as a medical expense on Form...
How Do Medicare Advantage Plans Work?
January 21, 2022
Medicare has four different parts -- Part A (hospitalization), Part B (healthcare services), Part C (Medicare Advantage Plans), and Part D (prescription drug coverage). Medicare...
5 Winter Safety Tips for Seniors
January 6, 2022
Ice, snow, and freezing temperatures can make life more challenging for seniors during the winter months. Slippery walkways and bone-chilling colds can lead to serious...