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Medigap Enrollment Continues to Increase in 2013
Date:5/8/2013

Miami, FL (PRWEB) May 08, 2013

Medicare supplement (Medigap) insurance is private health insurance designed to supplement Medicare. It offers coverage, at varying levels, for the significant out-of-pocket costs that aren’t covered by Medicare, such as deductibles, coinsurance, and copayments. Medigap coverage allows seniors and younger Medicare enrollees with disabilities - many of whom are on fixed incomes - to budget for medical costs and avoid the confusion and inconvenience of handling complex medical bills. Health Insurance Guaranteed, a pre existing condition medical insurance company, announces continuous increase of Medigap enrollment and overviews the newly released American Viewpoint survey key results.

According to a new American Viewpoint survey released by America’s Health Insurance Plans (AHIP), nine out of ten seniors enrolled in Medigap and Medicare Supplement Insurance are satisfied with their coverage. According to the survey, seventy-nine percent of beneficiaries say their policy provides excellent or good value for the money, and the vast majority (91 percent) would recommend Medigap to a friend or relative. “Medigap coverage provides seniors with financial security and peace of mind about their health care coverage,” said Karen Ignagni, President and CEO of AHIP.

Key findings from the American Viewpoint survey include:

  •     Nine out of ten Medigap policyholders are satisfied with their coverage. Overall satisfaction with Medigap coverage is also comparable to levels found in 2009 (88 percent) and 2005 (90 percent).
  •     The vast majority of enrollees (79 percent) say their Medigap policy provides an excellent or good value for the money, consistent with similar findings
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