For people who aged 65 in USA and looking to make a change in your Health Insurance plan, this year may be a good time to go back to the supplement plan, as many of the private fee for service plans in Michigan have been eliminated for 2011. Most insurance companies have moved away from plans with no network of doctors or hospitals to HMO and PPO plans. If your plan has been eliminated you are able to go back to a supplement health insurance plan. I am not a big fan of HMO plans, but if you just don’t have the funds it may be the way to go. Just be aware of the limits of your HMO plan and if and when you are allowed to go outside your network of doctors and hospitals.
The two major reasons to go with a supplement plans instead of an Advantage plan is the freedom to choose your doctor and hospital, also many of the supplement plans pick-up all the costs that Medicare does not pick up. When you choose a supplement plan check out which ones pay for your Hospital deductible and which ones pay your deductible for doctor visits. Remember you will have to enroll separately in a prescription plan too. If you don’t take many medications now you can go with a basic plan for now. Each year one can change his prescription plan.
Medicare supplement Plans 2019 has amazing plans for seniors though, which can be found at https://www.medisupps.com/medicare-supplement-plans-2019/. Health is vital and so it is handled these days. A third pricing model may be the most popular because it’s not based on age. Rates are the same for everyone in a designated area independent of their age or gender or even whether they use tobacco. Rates typically start out higher that other pricing models, but that will be different in later years.
These plans won’t be the most expensive because their rates won’t be raised to account for your advancing age. Finding an agent willing to do some research can help. Finding an agent who will compare a lot of plans or a website that allows you to comparison shop quickly and easily is your best bet; in Pool plans, there are no pre-existing conditions to stop one from procuring a pretty good major medical insurance coverage; in fact, one actually has to have significant medical condition or conditions to be eligible.