Talking With Insurance Companies

Most senior citizens are very surprised by the fact that their Medicare plans do not cover everything. In fact, even when they can afford the best of Medicare plans, they still have a lot of medical expenses that are not covered by this government healthcare plan. These "gaps" are often the reason so many people do not have enough money at the middle or end of every month; they are using what they have from social security benefits to pay for what Medicare does not cover. When you retire and you experience these "gaps," a Medicare supplement insurance agent can help in the following ways. 

Find Supplemental Plans to Cover Medication Costs

Those who are hit hardest in their golden years are those with multiple medications that each cost hundreds of dollars. These life-saving medications for age-related health problems simply cannot be avoided or negotiated, but there are supplemental plans that can reduce the costs to almost nothing. These plans only cost a few extra dollars each month, but what they provide in terms of low- or no-cost medication is priceless. 

Find Plans to Cover Assisted Living Housing and Extended Nursing Care

In the event that you need assisted living care, most Medicare plans only provide the bare minimum in terms of help. You may have a nurse come in to help you for a couple of weeks after a hip surgery, and that is about it. Since most seniors and elderly citizens are not able to heal that fast, they require at least a few more weeks' assistance from any adult children they have or they have to pay for a nurse out of their savings.

If they are moved into a nursing facility/home until they are fully healed, Medicare does not cover more than a month or two, at most, and ONLY the facilities that are preapproved and that accept Medicare payments can be used. You need to find a supplemental plan that will cover any additional costs for assisted living and nursing care above and beyond what Medicare costs. A supplemental insurance agent can look at your current Medicare coverage and find the best possible supplemental plans to help you. 

Healthcare Gap Insurance

There is also a general "gap" insurance for anyone who has a healthcare plan. These gap insurance policies sometimes do a better job than just supplementing your current policies. It is worth looking into when you are talking to the supplemental insurance agent.

For more information, contact a company like Ulrichs-Cole Insurance.