Category Archives: medigap

The exact set of benefits that appears in each medicare supplement is laid out by the federal government. To summarize, any insurer who decides to sell a Plan F must include all the identical benefits inside that Plan F that our Congress requires them to. This has taken away much of the work for us as consumers, since we now know that a Plan F offered by Blue Cross and Blue Shield will be the same as the Plan F from Admiral Life or Sentinel Security Life. The single difference between these medicare supplement plans will be the monthly rate. Every carrier is allowed to set its own prices, and these depend on the residential zip code or county in which you make your home, and whether you are male or female. Tobacco use also is a factor in many of the companies’ rates. Regardless, knowing that this uniformity requirement exists is somewhat a relief; it takes the mystery out of the equation and lets us to compare apples against apples when getting a medicare supplement. Continue reading →