How a Medicare Supplement Policy Can Benefit You

How a Medicare Supplement Policy Can Benefit You

If you’re over the age of 65 and have traditional Medicare coverage, you may not know that there are significant medical expenses that aren’t covered under your existing plan. This is where a supplemental policy can help. By purchasing this type of additional coverage, you’re protecting yourself from unforeseen medical expenses that can quickly add up. One great plan option is an Omaha Insurance Company Medicare Supplement, which can give you peace of mind from knowing that you’ll have extra help with your healthcare costs.

What Does a Supplemental Policy Cover?

  • Traditional Medicare Part A and B covers the following:
  • Inpatient hospital stays
  • Skilled nursing care
  • Hospice care
  • Some home healthcare services and outpatient care
  • Certain medical supplies and preventive services

However, traditional Medicare plans don’t entirely cover each of these services. First, you’ll have to pay a deductible before Medicare coverage begins. After you’ve met your deductible, you’ll be responsible for coinsurance and copays. For example, you may have to pay 20% of your stay in a hospital or nursing facility on top of your deductible. In addition, you’ll be responsible for other costs such as prescription drugs.

With an Omaha insurance Company Medicare supplement, you’ll have help covering these types of costs that aren’t covered with your traditional Medicare plan. When you’re in need of healthcare, the last thing you need to worry about is the financial burden that result from inadequate insurance coverage.