(PRWEB) August 31, 2013
Millions of individuals will turn 65 this year, and many of them will start their Medicare Part B. It is very important for those individuals to understand that turning 65 triggers the clock on the time they have to get their medicare supplement insurance plan without having to go through underwriting.
It is best for customers to buy a medicare supplement policy when they are first eligible. This "open enrollment" period allows the consumer to secure a plan without medical underwriting. Medical underwriting is when an insurance company reviews an applicant to make sure they are a "good risk" under the company's acceptance protocol. This process includes thorough physicals,interviews and other tests that often eliminates people with even the most minor medical conditions making it difficult to acquire a plan.
Many people don't realize they have limited time to get this coverage, without underwriting. They often find themselves in a situation where they have missed their window and can only apply for medicare supplemental insurance with a company that will make them go through the full underwriting process.
If a person is sick and has conditions that would keep an insurance company from insuring them under their insurance policy, they surely don't want to miss an opportunity to get coverage without underwriting.
There are various incidents each day where seniors receive medical bills in excess of $4,000 with no way to pay for them. These people are now being denied supplemental plan coverage for current health issues in addition to already owing large amount for past medical expenses.
The insurance companies want save themselves money by insuring those low-risk healthy individuals who likely will not need medical help. Being in this condition is the ideal time to acquire a plan, but when in perfect health, medicare supplement insurance coverage is not always a top priority, and often then circumstances of being over 65 does not place many people in an ideal state of health.
1800Medigap compiles the best plan options and helps to remove the time consuming hassle of shopping around for a plan. 1800Medigap has professional agents that are knowledgeable, insightful, and ready to give guidance on which plan options are best for specific situations. People shopping around for plans could spend hours trying to compare supplemental insurance plans on their own. 1800MEDIGAP is here to make the insurance search smother and less time consuming. No matter what insurance carrier a consumer chooses to go with, the facts are the facts. Don't miss your opportunity to sign up for medigap supplemental insurance today!
Take advantage of the benefits of entering the golden age of over 65 and know what is available. Get the facts