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	<title>New answer on: Why Do You Need Supplemental Insurance With Medicare?</title>

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		<title>By: Marlin McKelvy</title>

		<link>https://insurancelibrary.com/medicare-insurance/why-do-you-need-supplemental-insurance-with-medicare</link>

		<dc:creator>Marlin McKelvy</dc:creator>

		<pubDate>Tue, 17 Jun 2014 14:24:53 +0000</pubDate>

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		<description><![CDATA[Medicare supplement plans and Medicare Advantage plans were developed for a very simple reason.  Medicare does not provide 100% coverage for health care services and does not cover some services at all.  Medicare is a creature of the early 1960&#039;s and people over age 65 at that time on average only had several more years of life expectancy plus there was a lot less that the health care system could do for people back then.  These factors have changed significantly 50 years later with seniors living longer, more active lives and with a multitude of medical and pharmaceutical treatments available to them.

If you are becoming eligible for Medicare today, there is a very good chance that over the remainder of your life you will have multiple opportunities to utilize services under Medicare for which you will have to share financial responsibility (e.g. - hospitalizations) and it is almost impossible to become a senior citizen in America these days and not be on one or more prescription medications (prescription coverage for seniors on Medicare didn&#039;t even really exist until Medicare Part D was created by the Bush Administration in 2003).  It is to protect yourself against these out-of-pocket expenses that people purchase Medicare supplemental coverage that fills in most of the gaps in Medicare&#039;s coverage.]]></description>

		

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