QUESTION:

As the Federal Government continues to reduce Medicare benefits and provider reimbursements, and employers cut retiree benefits altogether, how will you be able to afford the ever-increasing financial burden for medical and Rx expenses ?

ANSWER:

Let Health Plan Strategies and Senior Insurance Solutions discuss with you or your company, our Medicare supplemental insurance benefit plans.

What is a Medicare supplemental/medigap plan?

When Medicare was enacted in 1966 as a social welfare benefit, its intent was to provide medical benefits for retirees who worked and contributed the success of our industrial and emerging technical/services industries. Long story short: an aging population, costly medical advancements, and an increasing demand for medical services and pharmaceuticals, have placed a tremendous amount of financial pressure on the government-run Medicare program. As a result, Medicare supplemental or medigap plans were created by private insurance companies to pay (or fill in the gap) for expenses/services not covered by Medicare.

The result: decreasing benefits and increasing out of pocket expenses for seniors.

The solution: purchase Medicare supplemental insurance to cover those services/expenses, not covered by Medicare (and there are many !)

Let our Medigap experts explain what Medicare does and does not cover, and most importantly, help you choose the medigap plan that best suits your needs and desires.