Medicare helps a great deal when it comes to lowering the inevitable medical costs that come with getting older. However, it does not cover everything, and those uncovered expenses can add up quickly. It may, therefore, be worth considering a Medigap policy to keep those uncovered costs from overwhelming you and your savings. Medigap insurance is a supplemental policy that can cover copays, deductibles, and other expenses that would normally be out of pocket. It is a particularly good idea for those who plan to do a lot of traveling in their retirement years to look into Medigap insurance because it will cover them if they become sick while outside of the United States while Medicare will not.

Medigap policies are only available to people who already have Medicare Part A which helps pay for hospital services, and Medicare Part B, which covers the cost for doctor services. A Medigap policy covers only one person. If you and your spouse both want a Medigap policy you will each need to buy one.

The staff at McHARRIE LIFE SENIOR COMMUNITY is available 24 hours a day to serve individuals who need assistance with the activities of daily life. To learn more, please call (315) 638-2521 to arrange a tour of our senior community at 7740 Meigs Road, Baldwinsville. 

P.S. Medigap insurance companies are required to follow federal government regulations which means they are guaranteed renewable even if the policy holder becomes sick (as long as the premiums are paid).