Medicare doesn't pay for Everything - C Nagdeman
If you are turning 65 or have been on Medicare you need to be aware of what costs and expenses you may be subject to.
By: Cary Nagdeman
Looking at the big picture, is a Medicare Advantage Plan adequate for your needs? Will they cover all your medical necessities and the doctors of your choice? In many cases there is no cost for a Medicare Advantage Plan. Unfortunately, there may be limits on doctors, hospitals and co pays on select medical treatments. If you have or get Cancer will your plan cover specialized hospitals like MD Anderson, Mayo Clinic, Sloan Kettering, Johns Hopkins or the Cleveland Clinic, check your plan.
A Medicare Advantage Plan for those who are healthy and only require routine doctor visits and minimal prescriptions is a good choice. You can get prescriptions, health club memberships and rides to medical treatments may be included. Those who have medical issues like Diabetes, Cancer, Heart disease or other illnesses may be subject to thousands of dollars of deductibles annually and may want to consider a different option.
An alternative option to Medicare Advantage would be a Medicare Supplement or Medigap plan. They require a monthly premium but could substantially reduce out of pocket expenses. A Medicare Supplement Plan allows you to choose any doctor or hospital that accepts Medicare. Depending on the plan you choose there may be limited or no charge for medical treatments.
Many do not know the coverage's they have in addition to Medicare, it is crucial during the AEP or Annual Enrollment Period to review and update your coverage's. Between October 15th and December 7th each year you are allowed to modify, make changes or cancel your coverage. Before you make any alterations it is advised to consult a professional who is experienced and knowledgeable and one who will be available in the future if you have any questions or need assistance.
Cary Nagdeman a Senior with Diabetes was originally licensed in Insurance in 1976 who is now working primarily with his fellow Seniors. He has access to the latest newly released Simply Quote software with all the best plans that are available, even those you see on television or hear about on the radio. If you want to review your coverage's at no cost or obligation call, email or go online http://www.medicareinfousa.com .