Baby boomers who enroll in Original Medicare may wonder why they would need Medicare Supplement insurance. While we won’t say you NEED Medigap, we will say this Medigap offers the greatest financial protection for boomers 65 and older if they have a medical emergency. We’ll explain why.
Why Medigap?
Boomers are healthier and more active than their parents, therefore they may think why would they need Medicare Supplement insurance. But if you have a serious illness or a medical emergency, you could pay out thousands upon thousands of dollars if you only have Original Medicare. Medigap is like a healthcare shelter.
Medigap Covers Boomers
Boomers are travelers and dare devils. Boomers need to know if you like to travel, Original Medicare doesn’t cover you outside the U.S, nor does it cover your first three pints of blood -if you happen to hurt yourself while skiing or bungee jumping. All Medigap plans cover the first 3 pints of blood, and certain Medigap plans cover foreign emergency healthcare for boomers.
What does Medigap Cover?
Medigap offers basic to comprehensive coverage for boomers 65 and over. Here’s a list of things that Medigap Plan F, the most popular and comprehensive plan, offers:
- Part A & B deductibles
- Part A & B coinsurance
- Part A & B copays
- Part B excess charges
- Extends hospitalization up to 365 days
Click here to see our Medicare Supplement comparison chart.
If you’re ready to sign up for Medigap call the number above. Or click here for an instant Medicare Supplement quote.