Am I Covered Under Medicare With No Medicare Supplemental Policy?



Am I Covered Under Medicare With No Medicare Supplemental Policy?

That is a question a lot of people ask and a lot of the time that answer is no. The fact of the matter is that you are only covered by Medicare to a certain extent and with the most basic policy you will have a lot of out of pocket expenses. This means that you may be able to go to the emergency room for treatment, but you can only get free hospital stay for up to a certain number of days. It could also mean that you can get treatment and have it be paid for, but only to a certain extent. After that, in many ways, you are on your own.

Am I Covered Under Medicare With No Medicare Supplemental Policy?

Medicare supplement insurance is the one thing that can save you from these out of pocket expenses. What Medicare supplement insurance does is that it gives you a cushion and an additional form of coverage on top of your existing Medicare policy. For example, if you have plan A and plan B for Medicare, by getting the Medicare supplement insurance plan you can get additional coverage that could be very useful to you in the future.

Am I Covered Under Medicare With No Medicare Supplemental Policy?

This is a form of insurance that is vital to the financial future of your family. If you, or someone you love, gets sick and needs to spend an existing period of time in the hospital the only way you will have true coverage is with Medicare supplement insurance. This way you will not have to pay for say 20 days in the hospital, as opposed to the 10 or 12 that might be allowed in Medicare plans A and B. That is a huge difference and it can be the difference between a family having thousands of dollars of out of pocket expenses, or no expenses at all!



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