Does The New Law Apply To Medicare Supplement Plans?
There are plenty of Medicare supplement plans out there. You are now seeing companies balking at offering Medicare supplement plans. You have to understand that health insurance companies also benefited from the Medicare Advantage agreements out there. There are many people who do not realize that Medicare Advantage was what allowed drug companies to offer better prices. A Medicare supplement plan can really help you once you have reached the over four thousand dollar limit in out of pocket costs when it comes to Medicare prescription drug plans. The fact that Medicare Advantage plans are being cut may spring some people into action, they may start new companies in order to help people cover their prescription drug plans.
Medicare supplement plans are something that can help small businesses handle some of their health care costs if they happen to have employees who are Medicare eligible. If you happen to have finally found a Medicare Part D plan that makes the Prevacid that you need to be affordable then this whole Medicare Advantage getting cut deal is something that can have a huge impact on your life. You may have to find some sort of state based program that helps with your prescription drugs along with whatever Medicare supplement plans you actually can find.
The hope with the new law was that the mandate would force some people into buying a health care plan and thus with more people in a pool, it would bring down the cost associated with Medicare supplement plans. You have to find a way to make sure companies offer a particular plan to you that would have reasonable deductibles, copayments and premiums associated with it. You have to find a way to get the best investment you can when it comes to Medicare supplement plans.