Medicare Supplemental Insurance

Medicare Supplemental Insurance for Huntersville is a policy provided by private insurance companies that fill the gaps in coverage that your basic Medicare Part A and Medicare Part B do not cover. Parts A and B, while covering close to 80% of your medical bills and expenses certainly do not cover them all. There are gaps in the coverage and that is why sometimes a Medicare Supplemental Insurance plan will be called a Medigap policy, because it is designed to cover the gaps that Medicare parts A and B do not. The gaps that a Medicare supplemental insurance policy will cover include deductibles, co pays, and a lot of other various expenses. All of these little expenses added up can add up to quite the financial headache if not covered properly.

One of the big perks of these policies is individuals can receive a policy without a medical exam. During what is called a “guaranteed issue period” there is no medical exam and an individual is basically guaranteed a policy which is also guaranteed renewable. This is a big draw for those with pre existing health issues, because once the coverage is in place the insurance company will not raise the premium and the individual is guaranteed the option to renew the policy.

Fogle Insurance Group in Huntersville NC also writes the prescription drug coverage – Medicare Part D or Medicare Rx.  On traditional Medicare Supplement policies, there is no prescription drug coverage.  You have to purchase a separate Medicare Part D policy.  Our agents will be happy to discuss with you what prescription coverage plan will work best for you.