Medicare supplemental insurance can provide valuable financial protection for millions of seniors. Here's what to know.
Supplement policies are organized from letters A to N, with varying price points and coverage limits for each. Applicants for the Medicare Part B premium, for example, can expect to pay around $164.90 per month this year, while the average cost of a Medicare supplemental plan with greater coverage limits will obviously rise.
Factors that can affect your specific cost range from age and location to plan type and tobacco use. But, again, each insurance company is different, so don't be afraid to shop around to find the most cost-effective plan for you.Medicare supplemental insurance policies can be a great way for seniors to cover the extra costs remaining after traditional Medicare insurance has already been applied.
for you. Shop around for providers and compare costs and coverages to find your best option. By doing so, you'll be better prepared to cope with any future medical expenses.
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