Medicare Supplement Plans – What You Should Know About Them

Your original mediclaim policy does not pay for all your hospitalisation and medical treatment expenses. This is where Medicare Supplement Plans come in. It is not a standalone policy, though. You need to have a mediclaim policy to avail the Medicare supplement plan.

Different States, Different Plans

Different states have different Medicare plans. Let us checkout what is in there in Alabama.

Medicare Supplement Plans are for people who are above the age of 65 years. If one lives in Alabama and has normal mediclaim policy, he can go for a Medicare supplement plan. Medicare Part A generally covers hospital fees, inpatient care costs and hospice. Medicare Part B covers outpatient care, wellness programs, doctor’s fees and medical equipment charges. In order to get coverage for medicines, you need to enrol in Medicare Part D.

You can have Medicare Advantage which is also known as Medicare Part C, if you are in Alabama. These plans may also cover dental check-ups and prescription drugs. Apart from this, there are ten standard Medicare Supplement Plans which can cover the gaps in your mediclaim policy.

Out of the ten plans, available to citizens of U.S. six of them cover foreign travel medical emergencies and expenses. The plans are C, D, F, G, M and N. You need to pay $250 annual deductible and only 20% of certain medical services. The benefit that you get is $50,000 for a lifetime.

AARP Medicare supplement Plans 2019

Apart from these Medicare Supplement Plans, if you are in Alabama you can take assistance from Medicare Savings Programs. Enrol in these programs and avail discounts on co-payments, coinsurance and deductibles.

Manual Enrollment options can be found here:

You can manually enrol for Medicare Supplement Plans by:

  • Visiting your areas social security website
  • You can call the social security number 1-800-772-1213 anytime between Monday to Friday from 7 am to 7 pm.
  • One can also contact the Railroad Retirement Board.

And, one more important thing. There is a penalty for late enrolment. There are many private organisations in the market from whom you can purchase your plan. However, do keep a check on the genuineness of the policies. These plans have many benefits like, nurse’s fees coverage, hospice, domiciliary expense coverage and many more. Once, you enrol for them, you will understand.

So, why do you want to waste time, when you can have the best medical services for yourself and your family. Just buy the best plan suitable and relax.


Private health insurance is an important part of the budget for most people around the globe. Medical costs are on the rise along with technological advancement in medicine. With growth in the industry, costs for essential services are rising meteorically.

Medicare Advantage Plans are also an important part of the health insurance industry. With rising old age population who are living longer due to advancement in the field of medicine, insuring oneself against mishaps is becoming all the more important.

Medicare comprises of two parts, Part A and Part B. Part A covers hospitalisation and inpatient care treatments cost. Whereas, Part B covers all doctors’ fees and allied costs. Enrolment in Medicare Advantage Plans has become quite common. As per data derived from certain Survey partners, more than 65% of the aged population above 65 years of age are part of this plan. Of these, approximately 90% have Part A insurance covering hospitalisation costs and impatient services.

As per reports from 1977, more than 62% pf the beneficiaries are also covered for doctor visits. The low income group abstained from taking such insurance covers due to unlikelihood of medical emergencies in seemingly healthy families. However, rising double-income families and education have led to proper information regarding the benefit of such plans. Thereafter, many such lower income group families have now started opting for general mediclaim as well as Medicare Advantage Plans.

Federal laws in the country have consumer protection featuring high on their lists

They offer six-month open enrolment period when the first enrolment in Part B takes place. Apart from this, many states across U.S. have flexible plans for employees of private companies who constantly have to bear the brunt of ever-changing health insurance companies. Some of the states even have stringent laws in practice for insurance companies, so that pre-existing conditions are also covered.

As per recent studies and findings in the year 2015, one out of four people have AARP Medicare Advantage Plans. get a quote here

All the plans were standardized at the recent Omnibus Budget Reconciliation Act 1990.  Out of all the Medigap policies, Plan F is the most satisfying. It has coverage for most issues, including nurse’s services, foreign travel medical emergency costs and cost-sharing facility on all deductibles.

In the 20 states in the U.S. at least 25% of the population has Medigap. A small percentage of under-65 years aged population also has the policy.

So, this shows the popularity of the advantage plans. With time, more and more people are enrolling in these plans, due to the huge benefits and cost-saving features.

Let Us Checkout the Various Medicare Supplement Plans As Per State

So, by now you must know that you have the blessing of Medicare Supplement Plans, if you are staying in the U.S. Am I right?  Yes, that is the correct answer. Throughout the states, there are only ten standard plans for citizens, to choose from. You can purchase the plans from any vendor, whatsoever.

Medicare Plans in Alaska

Sorry, to disappoint you folks. This is the only state which does not have a Medicare plan support. Those who have a general mediclaim can, enrol in some of the state’s federal programs and receive similar benefits through Part A and Part B.

Medicare Supplement Plans in Florida are available here

Medicare Supplement plan A – The services which are 100% covered are Medicare Part A coinsurance and hospital fees after the general mediclaim has exhausted, up to a period of 365 days. Apart from that Medicare Part B is 100% covered in this plan. Then you also get the first three pints of blood in this plan. And, last but not the least Medicare Part A hospice coinsurance and co-payments, whichever is applicable. This is the most basic plan that an incumbent can enrol himself or herself in. The premium is also very low for this plan.

Let us talk about Medicare Supplement Plan F in Florida

This plan is best of the lot. It covers all of the benefits that Plan A covers and more. It covers skilled nursing facility, Part A and Part B deductibles as well as excess charges. It also covers 80% of foreign travel emergency services. Insured persons are supposed a pay an additional amount for deductibles apart from the insurance premium in this high value plan.

Georgia also gets the benefits of the ten standardised plans in Medicare supplement category. The benefits are the same; however the premium amount may vary depending on the company.  Medicare Supplement Plans are also available for people under 65 years of age. If you are disabled and cannot be covered under a Medicare supplement policy in other states, you can have that advantage over here. You just have to pay more, than the basic premium rate.

These plans will pay for out of pocket expenditure, co-payments, co-insurance and similar expenses. You can get more information about Medicare Supplement Plans in Georgia from and you get the best assistance available.

So, but the Medigap plan today and save out of pocket expenses for medicare.

The What and How of Medicare Supplement Plans A, N and D

It is indeed, very obvious from the name itself, that Medicare Supplement Plans supplement or give added coverage to your general Mediclaim policy. It fills in the gap, where your general Mediclaim policy stops coverage. These are not standalone products.

Medicare supplement plans do not provide coverage to citizens under 65 years and having sclerosis, renal diseases or any disability. The original Mediclaim pays only upto 75% of your medical costs. This Medigap plan fills in the gaps of your original Mediclaim policy.

The costs which are not covered under Part A and Part B of original Mediclaim, like deductibles, co-payments and coinsurance are covered by these supplement plans. There are ten different plans for you.

Let us checkout Medicare Supplement Plan A at

This plan has the minimum benefits to offer and is the most basic plan. It covers 100% of the following:

  • Part A coinsurance payments hospital stay expenditure for a period of a year after the original Mediclaim is famished
  • Part B co-payments and coinsurance
  • The first 568 ml of blood that might be required for the medical treatment
  • Part A hospice care co-insurance and co-payments

Medicare Supplement Plan A policy holders need to pay certain costs from their pocket, like Part A and Part B deductibles, skilled nursing facility costs and, Part B excess charges and foreign travel emergency. This is the most basic plan which most citizens go for. Those who do not want to pay hefty premiums for Medicare supplement plans go for Plan A.

Mutual of Omaha Medicare Supplement

Medicare Plan N and D

These plans are quite similar to one another, barring a few exceptions. The only difference between these two plans is how Medicare Part B co-insurance costs are handled. 100% of Part B co-insurance costs are covered by Plan N, except $20 payments for office visits and $50 for emergency visits.

Plan D covers the entire cost of Medicare Part B. These plans are the same across 47 states. They are standardised plans. However, the premium rates may vary with the different private players in the market. These plans cover the following:

  • Part A coinsurance payments hospital stay expenditure for a period of a year after the original Mediclaim is exhausted
  • Part A hospice care co-payments and co-insurance
  • Part A deductibles
  • Qualified Nursing care costs
  • Travel medical emergency costs

These plans are extremely necessary for today’s fast paced life with high costs. Select the best possible option and lead a tension-free life.


Senior Medical Insurance

There have been a few reports as of late that the Federal government is thinking about cutting Medicare benefits. Reputed changes to the present Medicare design could have an unfriendly effect on the country’s seniors. Regardless of whether this is valid or not stays to be seen, but rather numerous senior natives have become stressed over these cuts, which could clarify why numerous are beginning to investigate senior medical insurance designs.


The truth is that Medicare can be fairly befuddling, yet before looking for supplemental senior medical insurance designs, you should have an essential comprehension of Medicare. To enable you to deal with Medicare, we will separate it into four basic parts that are named Parts A, B, C, and D.


Medicare Part A


Medicare Part An is paid for with impose dollars, so subscribers pay no month to month premium. It covers inpatient hospital mind, nursing home care, and a bit of care in a private home.


Medicare Part B


Medicare Part B is like individual health care coverage designs. A yearly expense and month to month premium is charged for the coverage. This arrangement covers general expert charges including gear, word related treatment, active recuperation, and outpatient hospital mind.


Medicare Part C


This piece of Medicare is the place you will discover what have been named the Medicare Advantage Plans. These are senior medical insurance designs that are governmentally approved and that join the benefits of both section An and part B. There are extra benefits too, for example, professionally prescribed medication coverage.


Medicare Part D


This arrangement is the most current piece of Medicare, the remain solitary professionally prescribed medication coverage.


Medicare Has Gaps


Because there are a few holes in Medicare coverage, senior medical insurance designs have been intended to fill these holes. These exceptional insurance designs are regularly alluded to as Medigap designs.


Medical coverage organizations, for example, United Health, Blue Cross and Blue Shield offer these Medicare Supplement Plans 2018. In any case, these plans are different than ordinary wellbeing coverage designs in that they are institutionalized and approved by the Federal government.


There are Medigap 12 designs accessible and they are named with the letters A through L. You will probably discover more than one “A” plan from different insurance organizations, however they are all a similar arrangement. This implies when you look at a similar letter-specific named design between two suppliers, the coverage will be the same however the costs might be different. So for example,each insurance company that offers a specific Medigap design G will give an indistinguishable benefits from another company offering a Medigap design G available to be purchased. This is valid for each one of the lettered plans.


When you begin looking for supplemental medical insurance, cost ought not be the main factor you use to pick the company that will give your Medigap design. Remember to likewise give careful consideration to online client surveys – while it’s great to get a low value, it’s shockingly better to get the care you require, when you require it.

Facts Regarding Medicare Supplement Insurance

Although Medicare supplement insurance has become an extremely popular topic of discussion, there are certain misconceptions about it that everyone needs to be aware of. There are 4 facts about this insurance that need to be taken into consideration before you sign up for any particular plan.

Fact #1: Medicare supplement insurance costs will vary from one carrier to the next – despite the fact that these plans are identical, regardless of who you purchase them from, the cost of your premium will vary from one insurance carrier to another. So be sure that you shop several companies before committing to buy.

Fact #2: No matter who you purchase Medicare supplement insurance from, it is the same coverage – this insurance covers the gaps found in Medicare. There are different levels of benefits provided by this comprehensive 12-plan program labeled as Part A through Part L and many private insurance carriers may provide one or more of them. However, no matter who you purchase these plans from, the coverage will be identical. So if a company tells you that their plans offer certain unique benefits over other companies, don’t believe them.

Fact #3: Only one Medicare supplement insurance plan is needed – according to the law, you only need one supplement insurance plan. You can easily cover the gaps in your Medicare coverage by purchasing Medigap insurance. So if Plan D covers your specific needs, you will not need to purchase any other supplemental plans. As it currently stands, trying to sell you additional plans is illegal according to the Federal Government.

Fact #4: You are the only person who can be covered by a Medigap Plans – your Medicare policy covers you and no one else, unlike traditional insurance policies that oftentimes include coverage for your husband or wife. Married couples have to purchase individual policies should they want Medicare coverage. If a private insurance carrier tries to convince you that you can buy a Medicare insurance policy that covers both of you, they are not on the level and you should keep shopping other carriers.

In conclusion, remember that up to 80% of some hospitalizations, equipment, and treatments will be covered by Medicare. The exact amount will be determined by whether you have Part A only or Part B as well. Choosing the right Medicare supplement insurance policy will determine if you are covered 100%.




What Are All The Best Stock Simulators Out There And How To Use Them

Stock simulators are the best tools out there to get your feet wet in the world of Stock trading. It is particularly useful for people who do not have the capital to experiment with the real trading world.

Stock Market simulators help with buying or selling virtual stocks, track and analyze results all from the comfort of your computer and without investing even a single dollar.

The basic stock simulators provide a list of investment options and strategies for trading. The more advanced ones provide securities and currency trading. It is generally advised to opt for the advanced simulator only after sufficient training and knowledge is acquired through the basic versions. We have listed out the most popular simulators out there, check them out to see which one is best for you:

  • How The Market Works

It is deemed as the world’s most popular game for Stock Trading. It registers the user through the usual credentials and once that is done, trading can begin with virtual cash. This site offers American and Canadian Stocks, Mutual Funds and exchange – traded funds. It also offers the advanced features such as currency trading.

Even the stock trading time can be simulated on this site. However, it also provides an option for 24-hour trading for people who want to learn and practice full day. Apart from the game alone, this site possess a lot of informational articles to guide users to the know-how of trading as well as it provides valuable data on popular stocks which helps the users formulate their strategies.

The most glaring limitation of this website is that ‘options’ trading is not available and also the stock screener is limited in terms of information.

  • Wall Street Survivor

This is another famous game offers stock trading, options and currency trading. The registered users begin from a ‘novice’ level and upgrade by undertaking a variety of educational courses.

This is an exceptional platform for beginners with zero knowledge of stocks. The user interface is quite simple and intuitive; users are rewarded through contests and challenges. Difficult data in charts and graphs are broken down to simple, easy to understand bits.

On the flip side, investors looking for some serious experience and feel of the market would find this too novice. Also the social media design brings in a lot of unwanted conversation and little talk into the game.

  • The Investopedia Simulator

The website Investopedia is already a go through guide for every investor and to add to it, they have come up with a simulator that merges excellently with the content. Its simulator includes both basic and advanced methods of trading. Trading is done in US and Canadian Markets and the sessions are designed for both beginner and advanced level investors. The simulator also offers customizable options such as variable commission rates, margin and options trading. It is a complete solution for all types of people wanting associate with the market stronger.

The solutions provided by these simulators are quite comprehensive; the more the user practices daily trading using these, the more effortless will be his / her movement to the real market. It would no longer look like a confusing and complex world.

For more information on Medicare Supplement insurance




What to consider before choosing Medicare supplement plans

For most people original Medicare can’t cover their healthcare cost and hence the need to enroll into Medicare supplement plans. You can choose from different plans, each plan provide specific coverage that’s not included in the traditional Medicare. You can choose a plan depending on your state of health and your budget.

 Things That Are Not Covered In Medicare Supplement Plans

When you reach certain amount your drug prescriptions will be stopped, you may have to enroll another plan that will cover your drug prescription costs.

Another disadvantage of Aetna Medicare supplement is that it does not cover some important health problems which most of the time affect seniors. These include hearing, vision and dental care. There is a need for you to find out a way to deal with these issues or you may have to buy premiums that will cover that.

Since most of these companies are aware that a lot of people that are beyond 65 years of age have either dental, vision or hearing problem they offer other options that cover such costs. Before choosing any provider make sure to state all your health care needs, if acceptable and will be taken care of, then you can enroll, if not you move on and choose another provider.

 What Should You Consider Before Choosing Medicare supplement Plans?

First of all there are 10 plans to choose from, they’re plan A B C D F G K L M and N. each of these plans can be renewed for the rest of your life. When you enroll, your membership cannot be canceled due to your age or any other health condition.


Before selecting any plan there is the need to compare some factors among your state providers and at the same time take into consideration your healthcare requirements. Let us list of the basic things that you need to compare before choosing any plan.

Check Types Of Provider Plans

This is important because it will determine the type of professionals you are allowed to see. Find out whether you can use your own doctor or have to use the provider’s health care facility. Also do you need a referral before seeing a specialist and if they can cover the cost of the visit?


Drug Prescription Coverage

Drugs take a large share of your healthcare costs. Find out if your provider can cover that or can offer copayments to some extent.


How Much A Plan Cost

Generally the more benefit you’ll get the more it’s going to cost for any plan. You don’t necessarily need a plan with the most benefits but the one that will take care of healthcare needs. You just need to know what is more important to you and then choose a plan that will provide the coverage you want.

What is Medicare Part A

Medicare Supplement Plans 2018 is one of the best health programs that the American government has decided to implement for its entire population. That is why now everyone is in better condition when facing a medical emergency. Your health is protected and supported by Medicare.

However, it is not a secret for people who are affiliated with Medicare that has different parties with whom they work. There are different modalities and they will always be changing. Even so, you should be aware of the basic things that these parts include since if you can not get involved a bit when activating Medicare Insurance.

That’s why today you will learn about Medicare Part A, the first one you find when you are researching Medicare Insurance for the first time. So, the first thing we will say is that you have to have this part because if it is about Hospital Insurance.

In case you should be admitted, Medicare Part A is the one that is activated. Here you cover the expenses of when you are admitted to the hospital as well as several other things that do not fit into any of the other parts. And it is quite important since it also includes the hospice care that is very necessary when the time comes.

To begin, you must first know that Part A of Medicare Insurance covers hospital care. At the time you are hospitalized, you can activate Medicare to cover the cost of the entire stay. There are included the costs of all the furniture and also what is the primary medical care next to the basic nursing.

In this way, the care in specialized nursing centers covers what is food, semi-private room, physical and occupational therapy, medications, transportation by ambulance and even nutritional advice.

This is only for that part since Medicare Part A also covers the well-known long-term service hospitals. When the patient is really serious and needs to be in a medical center for quite some time, Medicare Part A covers the treatment costs so that everything can go well. However, this state of gravity must be verifiable.

In this sense, one of the best ways in which Medicare has been becoming the favorite insurance of several Americans is through home care that is also willing to cover. When a patient can already be sent home but needs someone who is aware of him and applies certain treatments or therapies, Medicare Insurance extends its coverage for these activities.

Finally, Medicare Insurance also covers Blood expenses in case the hospital has to buy it because it does not have its own bank. However, this does not apply if the hospital does not indicate that you need these expenses to be paid. Even so, these are just some things to name that covers the part A since there are many others that would already enter into technicalities and can consult quietly in the manuals. Hurry to include this part A in your Life Insurance, you will not regret it.

What does Medicare Supplement Plan Cover?

There are a total of 10 Medicare Supplement Plans each represented by a letter of the alphabet beginning from A all the way up to N although E,H, I and J are no longer available.

  • Medicare Supplement covers co-insurance costs upto an year after the Original Medicare Plan has expired.
  • The Part A and Part B of the Medicare Plan covers hospice and copayment costs.
  • The Medical Supplement plan also includes the costs incurred for the first three pints of blood.
  • The Medicare Supplement Plan F is the most comprehensive scheme out there and it includes all the deductibles for the A and B Parts, coinsurance charges for the B Part and even a foreign travel medical coverage.

When and How to Enroll for the Supplement Plan?

The Medicare Supplement Plans 2019 is provided by private insurance agencies and to enroll into one, you have to be enrolled into a Medicare Part A and Part B. You can enroll for the Supplement Plan during open enrollment.

If you are 65 and older, your enrollment commences when you be a holder of the Part B Medicare Plan.

If you are turning 65, your best enrollment period would be the first 6 months after you have turned 65 and while enrolled in the Part B during that period.

Note that if you are under 65, you would not be eligible to buy any Medigap Plan according to Federal Law.

A variety of private insurance companies out there offer the Medigap insurance plan. Thus, it is recommended you go through the schemes each one has to offer, carefully and compare its premiums and benefits. It is essential to understand their pricing schemes and analyze how it would be beneficial down the line. Note that, premiums may subject to increase with respect to the behavior of general market also.

Medicare is a single-payer, national social insurance program administered by the U.S. federal government since 1966, currently using about 30–50 private insurance companies across the United States under contract for administration. Most medicare plans are HMOs (Health Maintenance Organizations), thus have a smaller network of doctors than those that accept original medicare.

The medicare plans are known by their letters (Plan A through Plan N). The plans are standardized such that each plan of the same name provides the same coverage no matter where it’s sold. Medicare Supplement plan costs, however, may vary regionally and by company. It is also worth noting that Medicare supplemental plans only cover an individual, hence in the case of a spouse or a couple, each will have to get a separate plan.