Medicare Supplemental Plans ARE created EqualKeep in mind – Medicare only pays 80% of your Part A and Part B benefits. Medicare Supplement plans (Medigap plans) are one way to help you pay the other 20% of the costs. On Page 66 of the Medicare and You Guidebook , provided by the US Government, it tells us that all Medigap (Medicare Supplement Insurance) plans are the same. The benefits must be identical, as they are strictly enforced by the government
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Click Here for The 2020 Medicare Handbook
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What's different? Price
The price, or commissions a company wishes to embed within the price, is the only difference between a Plan F from Company A or Plan F from Company B. The benefits are all the same. Today, all companies utilize electronic claims payment. They absolutely MUST pay the bill on Medicare-approved claims. While it is important to shop with “A” rated carriers for strength, it is equally important that seniors not fall in love with a brand name with Medicare Supplement insurance. Why? Because a policy with one company does not pay any more benefits than the policy with the lesser known company brand. They all function exactly the same.
Seniors often tell us, “Well, I’m happy with the company I have had for 5+ years because they pay all of the bills.”
They have to pay all of the Medicare claims!
That is the legal requirement of each and every participating company that offers Medicare Supplement insurance.
You will not find one thing different between the bills that were paid with the more expensive companies than the bills paid by the less expensive companies. You can pay for glitzy television commercials, blimps that fly over stadiums, or salaried insurance agents – all in order to get that brand name, but the cost is reflected in your monthly premiums and the rate increases you experience.
The best possible solution is to have an independent insurance brokerage service provide you with ALL of the available options in your specific zip code. When you contact us, we can show you right on your computer monitor all of the companies offering YOUR exact same plan, side by side.
Seniors often tell us, “Well, I’m happy with the company I have had for 5+ years because they pay all of the bills.”
They have to pay all of the Medicare claims!
That is the legal requirement of each and every participating company that offers Medicare Supplement insurance.
You will not find one thing different between the bills that were paid with the more expensive companies than the bills paid by the less expensive companies. You can pay for glitzy television commercials, blimps that fly over stadiums, or salaried insurance agents – all in order to get that brand name, but the cost is reflected in your monthly premiums and the rate increases you experience.
The best possible solution is to have an independent insurance brokerage service provide you with ALL of the available options in your specific zip code. When you contact us, we can show you right on your computer monitor all of the companies offering YOUR exact same plan, side by side.
Our service helps you find the rate for the best value in the marketplace. What changes? Only the logo on your insurance card. The service will not go down, the bills will still get paid, and yes, YOUR doctor will still accept the insurance, as it is all filed electronically through Medicare.
Contact us today 630-358-9379 so that we can help you shop the market.
There is NO COST for this service.
There is NO COST for this service.
