Medicare supplement plans have proved to be efficient in ensuring that the senior citizens get a decent insurance experience, free from exploitation by insurance companies. After the introduction of the medicare insurance program, it was discovered that a new feature should be added to fill in some gaps that were not accounted for by medicare insurance. This gave birth to the concept of medicare supplement plans.
What are the advantages of supplement plans?
They allow you to get access to health services from medical facilities or specialists who take medicare. This means that you do not have to necessarily pay directly from your pockets. This could be really beneficial to you especially when you run out of cash to pay for medical services.
It is easy to choose which insurance provider you want. This is possible because the coverage options for a particular medicare supplement plan are similar in all the other providers. However, prices differ from one company to the other. This leaves you with the option of identifying the best insurance company with the most suitable premiums which you can afford. You might also want to consider the institution that you are dealing with to ensure high quality services are delivered to you. For quotes on Humana Medicare supplement plans visit http://www.medigapplansguide.com/humana-medicare-supplement-plans-2018/.
You don’t have to go through a medical examination in order to get a supplement plan. In addition, you are not required to pay more premiums because of a serious health condition (if you have any). The amount charged is exactly the same as that of any other policy holder.
Despite the mentioned advantages, supplement plans come with some disadvantages.
Supplement plans are designed in such a way that only one person can apply for one policy at a time. This means that there are no plans for family, employees or other groups.
These plans do not cover issues like dental care, long term care and hearing aid. This is disappointing because you might want your insurance provider to cover all matters concerning your health status.
You must also have Medicare part A and B to be eligible for medicare supplement plans. This limits the number of those who would wish to enroll for the program but lack the two medicare parts.
You incur more expenses with the supplement plan than the Medicare Advantage plan. This alternative plan has lower costs. Somehow, it stands out as a better option.