Navigation Links
The Big Mistake Could Cost 10,000 Baby-Boomers a Day Millions in Out of Pocket Expenses, if They are Not Well Informed on Medigap Plans
Date:8/31/2013

(PRWEB) August 31, 2013

Millions of individuals will turn 65 this year, and many of them will start their Medicare Part B. It is very important for those individuals to understand that turning 65 triggers the clock on the time they have to get their medicare supplement insurance plan without having to go through underwriting.

It is best for customers to buy a medicare supplement policy when they are first eligible. This "open enrollment" period allows the consumer to secure a plan without medical underwriting. Medical underwriting is when an insurance company reviews an applicant to make sure they are a "good risk" under the company's acceptance protocol. This process includes thorough physicals,interviews and other tests that often eliminates people with even the most minor medical conditions making it difficult to acquire a plan.

Many people don't realize they have limited time to get this coverage, without underwriting. They often find themselves in a situation where they have missed their window and can only apply for medicare supplemental insurance with a company that will make them go through the full underwriting process.

If a person is sick and has conditions that would keep an insurance company from insuring them under their insurance policy, they surely don't want to miss an opportunity to get coverage without underwriting.

There are various incidents each day where seniors receive medical bills in excess of $4,000 with no way to pay for them. These people are now being denied supplemental plan coverage for current health issues in addition to already owing large amount for past medical expenses.

The insurance companies want save themselves money by insuring those low-risk healthy individuals who likely will not need medical help. Being in this condition is the ideal time to acquire a plan, but when in perfect health, medicare supplement insurance coverage is not always a top priority, and often then circumstances of being over 65 does not place many people in an ideal state of health.

1800Medigap compiles the best plan options and helps to remove the time consuming hassle of shopping around for a plan. 1800Medigap has professional agents that are knowledgeable, insightful, and ready to give guidance on which plan options are best for specific situations. People shopping around for plans could spend hours trying to compare supplemental insurance plans on their own. 1800MEDIGAP is here to make the insurance search smother and less time consuming. No matter what insurance carrier a consumer chooses to go with, the facts are the facts. Don't miss your opportunity to sign up for medigap supplemental insurance today!

Take advantage of the benefits of entering the golden age of over 65 and know what is available. Get the facts

Read the full story at http://www.prweb.com/releases/2013/8/prweb11035395.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Many Mistakenly Think Radiation Might Cure Terminal Lung Cancer
2. SingleSource Background Company Shares Five Hiring Mistakes to Avoid in 2013
3. Mistaken Infection On The Prairie?
4. Seven Common Race-Day Mistakes Made by Runners from Medicine in Motion
5. To Stop Medical Mistakes, TOPGUN Fighter Pilot Shares Hidden Technology Secrets With Operating Room Staff At National Medical Convention
6. Preventing Simple Surgical Mistakes That Can Have a Lasting Impact
7. CoachingWebsites and the International Coach Federation are Presenting an Educational Webinar, "The 4 Biggest Marketing Mistakes That Are Costing You Money"
8. New on Tatalou.com: Are You Making These 7 Dieting Mistakes?
9. icandrive.ca Reveals Top Driving Mistakes and Insurance Impact
10. Register to Download the Merrill DataSite's White Paper: The Seven Critical M&A Transaction Mistakes and How to Avoid Them
11. Red wine, fruit compound could help block fat cell formation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2017)... , ... September 22, 2017 , ... ... and financial setbacks, a senior finds a new lease on life with assistance ... thousands of people resolve their problem with unsecured debt. The senior is one ...
(Date:9/22/2017)... ... ... “Cursed with a Curse: The Truth about Tithing”: a ... when breaking free from this misconception. “Cursed with a Curse: The Truth about ... Christian Faith Publishing, Lysa M. Harrison’s new book is a powerful and thought-provoking ...
(Date:9/22/2017)... ... ... of the Spirit: “Love””: a delightful adventure of two friends who play and ... “Love”” is the creation of published author, Halimah Jones, who was born and raised ... avid writer, her inspiration for “Fruit of the Spirit: “Love”” blossomed from her background ...
(Date:9/21/2017)... CA (PRWEB) , ... September 21, 2017 , ... With ... so fun and easy to do. Users can select from up to two layers ... with a click of a mouse all within Final Cut Pro X. ...
(Date:9/21/2017)... ... 21, 2017 , ... Promotional Communication:, Keeping Up with FDA’s ... the competitive world of drug and device marketing and promotion, drug and devicemakers ... , The FDA has issued two draft guidances that are the closest thing ...
Breaking Medicine News(10 mins):
(Date:9/9/2017)... ... ... – Monday, September 18 th .The Brain Tumor Foundation (BTF) begins ... the public.Where:  BTF,s Mobile MRI Unit – a ... Washington, D.C.What:BTF brings its nationwide initiative, the Road to Early Detection Sponsor-A-City ...
(Date:9/9/2017)... Lilly and Company (NYSE: LLY ) will ... an investigational, oral, first-in-class molecule for the acute treatment ... placebo in the Phase 3 SPARTAN study. Detailed results ... the International Headache Society (IHC) in Vancouver ... lasmiditan,s potential to reduce pain and provide freedom from ...
(Date:9/7/2017)... MIRAGE, Calif. , Sept. 7, 2017  For nearly two decades, ... service in the Assisted Reproduction Insurance industry. Today, New Life Agency announces ... fertility medications. ... http://pharmacarecard.com/ (PRNewsfoto/PharmaCareCard) ... ...
Breaking Medicine Technology: