Even after you sign up for Medicare, you still have to pay deductibles and copayments for hospital stays, doctor visits and other health care expenses. If you enroll in traditional Medicare, you can buy a Medicare supplement, better known as a Medigap plan, from a private insurance company to help fill in the gaps.
But there’s a catch: If you don’t get the policy within a certain time frame, insurers in most states can reject you or charge more because of preexisting conditions. This limitation no longer exists for other kinds of health insurance.
To avoid this, find out when you can sign up and whether you might encounter any difficulties based on your health.
If you would like to talk with us about your insurance questions, please contact Clay Dodson today!