If you are searching for the best Medicare Supplement Plans for 2015, you have came to the right place! Medicare Supplemental Insurance plans are always changing and it is important to stay up to date on the latest information. Traditional Medicare Parts A (hospital) & B (medical) offer relatively the same core benefits--however the premiums and deductibles generally rise each year.
The Centers for Medicare and Medicaid Services have not yet released the official 2015 Medicare parts A & B costs, however they will be expected to be in line with 2014. Social Security generally raises payments each year, known as the COLA adjustment (cost of living adjustment), which is intended to cover the increased healthcare cost, cost of living, food, etc.
Individuals are generally automatically enrolled in Medicare parts A & B when they turn age 65. Medicare Parts A & B provide basic coverage for medical expenses only, they are not meant to be an all-inclusive setup. Therefore, it is extremely important to know the coverage gaps left over by Medicare so you can make an informed decision on what type of Medicare Supplement Plans 2015 you want to purchase.
The most common plan seniors are actively purchasing for 2015 are the Medicare Supplemental Plan F and G. Plan F is generally known as the "Cadillac" of all Medigap policies due to it's comprehensive coverage levels. It covers 100% of all gaps left by Medicare after they are approved charges. Plan G is a very close second and covers everything besides the Part B deductible (which was only $147 in 2014). Plan G can also offer lower premiums as compared with the Plan F, so it will also remain a very popular option.
It is recommended that you compare all 2015 Medicare Supplemental Plans so you can make the right choice on your coverage options for the new year. You can use our free search and comparison tool on our website to research plans and prices from all top companies in your area. Simply submit your zip code and review your options to get started.
Get Your Free Medicare Quote Comparison Today!