subject: Medicare Supplement Or Advantage Plan? What is the Difference and Which Plan is Right For Me? [print this page] Author: saichon sannok Author: saichon sannok
The original Medicare plans do not cover all health care costs, select the most beneficiaries of the Medicare benefits through a private insurance plan to supplement that with Medicare either a Medicare Supplement plan, also called "Medigap" or Medicare Advantage plan. Medicare Supplement Plans (Medigap) Medicare plans do not add the accounts to help Medicare, and offer protection against the ever-growing gapin Medicare. To qualify for an additional Medicare plan you have Part A and B of medical care. Acceptance of your application is guaranteed if you are 65 years or older and apply within six (6) months after the first inclusion in Plan B of Medicare. Under certain circumstances, pre-existing conditions can be waived. http://www.healthplan.pannipa.com/2009/09/medicare-supplement-or-advantage-plan-what-is-the-difference-and-which-plan-is-right-for-me Medicare Advantage Medicare Advantage (Medicare Part C) are plans that are approved by Medicare, run by privatecompanies. Some plans are at no cost and provide extra benefits that are not included by Medicare. The Annual Election Period is 11/15 to 12/31. You are able to make changes to your insurance during this time. The Open Enrollment Period is 1/1 to 3/31.You are able to make changes to your plan during this time. Some plans may also include a prescription drug plan, (Part D). As a result, members not only get quality health care coverage without the expense of high plan premiums or deductibles that have plagued them virtually no paperwork. And at the same time, they still enjoy more health insurance and other services than the original Medicare provides for little or no additional cost. read more ........http://www.healthplan.pannipa.com/2009/09/medicare-supplement-or-advantage-plan-what-is-the-difference-and-which-plan-is-right-for-me/About the Author:
