<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"

	xmlns:content="http://purl.org/rss/1.0/modules/content/"

	xmlns:dc="http://purl.org/dc/elements/1.1/"

	xmlns:atom="http://www.w3.org/2005/Atom"

	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"

	
	>

<channel>

	<title>New answer on: Is A Medicare Supplement Necessary?</title>

	<atom:link href="http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary/feed" rel="self" type="application/rss+xml" />

	<link>http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary</link>

	<description></description>

	<lastBuildDate>Thu, 08 Feb 2024 00:23:46 -0600</lastBuildDate>

	<sy:updatePeriod>hourly</sy:updatePeriod>

	<sy:updateFrequency>1</sy:updateFrequency>

	<generator>https://wordpress.org/?v=6.9.4</generator>


	<item>

		<title>By: Steve Adlman</title>

		<link>http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary</link>

		<dc:creator>Steve Adlman</dc:creator>

		<pubDate>Thu, 29 Oct 2015 16:44:23 +0000</pubDate>

		<guid isPermaLink="false">http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary</guid>


		<description><![CDATA[A Medicare Supplement in my professional opinion is very necessary. When faced with serious health issues you could be faced with thousands of dollars in medical bills if you don&#039;t have a Supplement. If you don&#039;t have a Medicare Supplement you are responsible for the Part A deductible of $1,260 for an inpatient hospital stay and you can only receive 20 days of Skilled Nursing Care at no cost. Under Part B of Medicare you are responsible for 20% of all Medicare approved charges with no limit on what you could owe. For example, chemotherapy treatments for cancer or kidney dialysis, 20% of those cost are huge. A Medicare Supplement is both a medical and financial necessity.]]></description>

		

	</item>


	<item>

		<title>By: Joann Quinn</title>

		<link>http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary</link>

		<dc:creator>Joann Quinn</dc:creator>

		<pubDate>Mon, 28 Jul 2014 17:45:05 +0000</pubDate>

		<guid isPermaLink="false">http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary</guid>


		<description><![CDATA[It&#039;s a personal decision. &#160;Many people get a Medigap Plan (aka Medicare Supplement insurance) for peace of mind. 

Medicare Supplement insurance is designed to fill in the &quot;gaps&quot; that Medicare doesn&#039;t cover. &#160;So, if you stick with just Original Medicare Part A &#038; B, you leave yourself open to paying the 20% that Medicare doesn&#039;t cover. In addition, you are responsible for the Part A &#160;and Part B deductible.

The Part A (Hospital insurance) deductible in 2014 is $1216
The Part B (Medical insurance) deductible in 2014 is $147

I spoke with a Medicare Beneficiary who wanted to add a Medicare Supplement because she had some health issues and the treatment was getting expensive. &#160;Unfortunately, she could not get approved for a policy because of her current medical conditions. &#160;The point is...we don&#039;t have a crystal ball to predict our health. &#160;If you&#039;re healthy now and it doesn&#039;t seem necessary to spend the money on a Medigap Plan, then think about the long term effects. &#160;As we age, our health changes and you may end up paying a lot more in medical bills.

Thank you for reading my reply. &#160;Please let me know if I can be of further assistance.]]></description>

		

	</item>


	<item>

		<title>By: Bob Vineyard</title>

		<link>http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary</link>

		<dc:creator>Bob Vineyard</dc:creator>

		<pubDate>Fri, 08 Mar 2013 21:18:29 +0000</pubDate>

		<guid isPermaLink="false">http://insurancelibrary.com/medicare-insurance/is-a-medicare-supplement-necessary</guid>


		<description><![CDATA[Well, it depends . . .

Original Medicare only covers about 80% of your hospital and outpatient charges. Seniors with a healthy bank account may not need or desire to purchase a Medigap (supplement) plan. While you may be healthy now, your health can change at any time.

If you are hospitalized 3 times during a calendar year for unrelated medical conditions you will have to pay a deductible of $1184 (2013 Medicare Part A deductible) for each admission.

Medicare Part B outpatient charges can become expensive as well. After you have paid the calendar year Part B deductible of $147 (for 2013) you are responsible for 20% of the remaining charges not paid by Medicare. An $800 CAT scan can leave you owing several hundred dollars.

Medicare supplement plan F covers 100% of approved Medicare Part A and Part B charges.]]></description>

		

	</item>


</channel>

</rss>

