Medicare Supplement Plan F The Cadillac Of Senior Insurance

As we age and quality health care becomes increasingly important to our well-being

, we all want the Best Medicare Supplement Plan available. When looking for the Cadillac of plans and a company that offers Ritz-Carlton service, we often have a tough time discerning between the hundreds of options available when turning 65 or becoming eligible for Medicare for the first time. However, there are a few things one can do to ensure they purchase a plan with great benefits from a company that offers good customer service, and all for a reasonable price.

Medicare Supplement Plan F is undoubtedly the Cadillac of senior Medicare supplemental insurance. This is because this plan offers the most benefits and is the most comprehensive. People who purchase this Medicare Supplement Plan rarely pay for any medical services because there are virtually no deductibles and no co-insurance. Plan F has superior coverage relative to every other option available to people over 65.

Plan F covers the Medicare Part A deductible, which is $1100 for 2010, and the Medicare Part B deductible, which is $155 for 2010. In addition, this Medicare Supplement Plan covers the 20% co-insurance that original Medicare does not pay. There are also several additional benefits including a foreign travel benefit, a hospice benefit, and a Part B excess Charges benefit. Altogether this provides the best coverage money can buy.

Medicare Supplement Plan F is standardized by the Center for Medicare Services (CMS), which means every insurance company must offer the same exact benefits in this plan. They cannot add additional benefits, nor can they remove any benefits. Since Medicare Supplement Plan F is the exact same regardless of which company is offering this option, it is wise to choose the company offering the lowest price.

The plan with the best benefit package is Medicare Supplement Plan F, but dont forget that Ritz-Carlton service is also important as we begin to age. There can be nothing more disturbing then receiving a huge medical bill in the mail when you know it should have been paid for by your insurance company. When mix-ups like this happen, it is much easier to get sleep at night knowing you purchased your plan from a quality company that will pay the bills without question.

Finding a great company that offers Medicare Supplement Plan F can be quite a challenge, but if you contact an insurance broker that carries every company and offers all plans you should be able to save a significant amount of time. Your agent or broker should be very knowledgeable regarding Medicare Supplemental Insurance and you should feel confident with his recommendation. The importance of purchasing a Cadillac plan from a company that offers Ritz-Carlton service should not be overlooked.

by: Tyra Phillips

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