If you want to investigate a Medicare supplement insurance company, to find out which insurance company to register with, this article is for you. When it has to do with insurance companies, the Internet is full of incorrect information and is often not relevant to your Medicare supplement. Often times, I am asked what criteria I use to evaluate an insurance company. This article is intended to help you see a little through my eyes and to improve your search as much as possible. Medigap Seminars Insurance Agency is an independent insurance broker specializing in Medicare. We help people with their Medicare Supplement Medicare plans in almost every state from Alaska to Virginia and Hawaii to the Florida Keys. If you find the information presented in our useful videos, please call us. Let us show you what we can do for you. Most people begin their Medicare search by attempting to comprehend the discrepancy between Original Medicare and a supplement compared to a Medicare Advantage HMO or PPO, also known as Medicare Privatized or a Medicare replacement policy. (Medicare Advantage plans replace Part A of Medicare and Part B of Medicare. They do not complement Original Medicare.)
Once you have reached the conclusion that Original Medicare and a Medicare supplement plan gives better insurance coverage, better control and freedom over your medical care, you begin to investigate Medicare supplementation plans, and then the insurance companies that offer these plans. And that’s when they come across an obstacle or come across inaccurate and often irrelevant information. It is my hope that you comprehend that if you already made a decision that you prefer a Medigap plan instead of Medicare Advantage, you have Medigap Seminars. Medicare has already made the most important decision. Regardless of the Medicare supplement plan chosen, you have made the right decision to remain free to choose any doctor or hospital that accepts Medicare. And he made the right decision to avoid putting his medical care in the hands of a private for-profit insurance company.
From here, the Medicare supplement plan right for you will be based more on your personality and your budget than on anything else. I discuss this in detail in other videos about Medicare Supplemental Plan G and Supplemental Medicare Plan N, and so on. But what about the insurance company? To understand how to research an insurance company from a Medicare supplement plan, you must first outline what you do not need to investigate to limit your research and focus on what is important and meaningful. We know that all the benefits of the Medicare supplementation plan are standardized. In fact, the benefits provided by each plan are written in the Social Security Act, so that each person has exactly the same experience when it comes to benefits and claims. This means that when it comes to the medical benefits they offer, all Medigap G Plans are exactly the same, all Medigap N Plans are exactly the same, etc. You do not need to investigate which insurance company offers the best Plan G, for example. They all offer exactly the same benefits.