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The following article was published in our article directory on November 15, 2011.
Learn more about SpinDistribute Article Distribution System.
Article Category: Advice
Author Name: J. Wellington
Many seniors waste valuable money buying name brand Medigap insurance they see on TV. Seniors don't realize that Medigap insurance is standardized, and the monthly premium varies widely from company to company.
Every October 15th through December 7th you should ask your insurance agent to help you save money on your Medigap insurance premiums, and your Medicare prescription drug (part D).
Your health and even your financial circumstances may have changed this year. It's important to review your Medigap insurance annually to see if the benefits or cost is in line with your health insurance goals.
All plan administrators will send you some type of letter in the mail explaining to you their decision to leave Medicare.
Every year call-up your Medicare backed plan to see if they are remaining under the Medicare umbrella. Many plans may decide not to participate under Medicare for the following year, so it's important that you check your health insurance before you make any concrete decisions on the future.
It's important not to wait until December 7th to change coverage. Remember, your coverage will start January 1st, 2012. It's recommended you go online and search for the cheapest policy in your area.
It's important for you to understand that the cheapest policy may not cover hospitals in your area. Call your local hospital to see what they consider being the best plan and why?
Ask your Medicare agent what is covered through Medicare; so take notes. Find out how much your co-payment for various items and services would be.
Some doctors may not accept Medicare coverage. Be sure to inquire before you engage the doctor for services.
This recession is only going to get worse. It's important for you to save money wherever you can—especially saving money on insurance.
It's looking more and more like a depression (every day), and you must make adjustments how you spend your money. Why over-spend unnecessary on insurance? You're just giving money away, and you are writing the check!
What if I told you could save as much as 70 percent per month on your Medigap insurance premiums? That's a lot of money. That could be thousands of dollars per year in lost savings.
Take a hard look at your budget, and examine where you can save money. One of the easiest places to save money is on your Medigap insurance premium. If you would like to save up to 70 percent, please click the link below for further information.
Keywords: Medicare, Medicare Supplemental Insurance, Medicare Supplemental Insurance Quote, Medicare Supplemental Insurance Rate, Medigap
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