Healthcare insurance is on everyone’s mind for all the right reasons – especially now when we are overrun by this terrible pandemic. It has become quite evident now that survival is on everyone’s mind and what is more important is that there is a concerted effort to avoid the virus at all costs. Those who are lucky get by without getting infected; not everyone is that lucky. When you look at the statistics in the US, it is frightening – the bottom line is this: no one, just no one is safe anymore. All you can do is wear a mask, stay indoors as much as you can and ensure that you are at a safe distance from the next person on the street. Now that we have the pandemic to deal with, do we really have the time to think of insurance? The truth is that we have an option but to think of medical insurance and Medicare supplement plans right away.
Why Timing Is A Crucial Element
To avoid doing things at the last minute, it is always better to know the details of deadlines, especially where eligibility criteria are concerned. It is always good to buy the Medigap or Supplement Plan when you first turn eligible. This might depend on the laws in your state, but most states have the same laws as far as eligibility is concerned. To understand this better, you need to know about the Open Enrolment Period and go for it as soon as you enter it. It would not be advisable to go for a Medigap at a later date. Either you will not get full coverage, or you might end up having to pay more than what you otherwise would.
Premiums Could Be High – Find Out Why
Getting a Medigap policy is essential to make sure you do not fall into the trap of not having adequate insurance coverage. The problem here is the premium that you have to pay. You could be paying quite a bit or more than the normal, if you have health issues or if you are applying for one, outside the time that has been specified. Reaching the magical number of 65 is something that you have to bear in mind so that you are not denied a Medigap policy when you need it the most.
Take a look at the range of policies that are offered as Supplement Plans; you will be pleasantly surprised that it takes care of practically all eventualities.