Medicare
Medicare
Medicare supplemental insurance and Medicare Prescription Drug (Part D) insurance provide you much needed protection against many of the expensive gaps left by Medicare.
You should apply for both programs as soon as you are eligible since it would be imprudent to place your financial assets at risk when protection is so available and reasonably priced.
It’s best to apply for coverage when first eligible during your open enrollment period when issuance of coverage is guaranteed regardless of your health. Medicare has rules in place regarding supplemental insurance policies that health insurance providers must abide by. These rules are in place to protect seniors who need additional health care coverage, but many of these rules only apply during one’s open enrollment period. After this period, you could possibly be denied by a health care insurance provider, due to age or a medical condition, or they could charge you a lot more for coverage.
