You have guaranteed enrollment in a Medigap supplement insurance or Medigap policy if you are 65 years of age, are enrolled in Original Medicare and if any of the plans are offered in the state where you live. Medicare Supplement plans are sold by private insurance carriers to help pay for some of the services that Original Medicare doesn’t cover, such as coinsurance, copayment, deductibles, as well as emergency overseas travel coverage or Part B excess charges.
You can sign up for a Medigap policy either through an insurance company or an independent Medigap broker. Using an independent Medigap broker has significant benefits that most folks may not know or even want to know out of fear that it may cost them more in broker fees. It doesn’t cost to use an independent Medigap broker and consulting one will not change your premiums or the policy benefits.
Additionally, understanding how each plan works and each of their benefits or lack thereof can be extremely confusing, even to the best of us. An independent Medigap supplement insurance broker is able to do all the legwork for you, compare various options from multiple insurance carriers on your behalf, advise you accordingly and save you a considerable amount of time and headache of doing it alone.
A Medigap supplement insurance broker is able to provide you with an unbiased and independent opinion of all Medicare plans, owing to the simple fact that they represent a handful of insurance carriers and they are well-versed on how the workings of the insurance business. They are better equipped to compile and compare all available options and Medigap rates without adding any monetary value to the process until you are satisfied.
You are already indirectly paying for the services of an independent Medigap broker since they are paid by the carriers they represent. Therefore, using their services to the fullest can benefit you and your loved one and save you money while at it. Most importantly, Medigap brokers are compensated on an ongoing basis, consequently, they also offer personalized after sale services that you wouldn’t otherwise get from a large insurance company.
Having an ongoing relationship with an independent Medigap broker will ensure that the services they offer you are unlike no other, and because they do this for a living, a broker will not rest until you’re contented.
Learn more about Medigap plans and rates at http://emedigap-plans.com. Medigap Insurance brokers will help you compare Medigap Insurance rates and plans. To talk to an expert in Medigap coverage call toll free 888-452-7949!