subject: A huge step in the health insurance field [print this page] A huge step in the health insurance field Old aged people of several countries have been highly facilitated by the Medicare health insurance plans provided by the government. These health insurance policies are available at very low prices and they help a lot when a person has to pay for his treatment bills. The Medicare health insurance plans cover almost the entire part of the payable bills; the remaining amount has to be paid by the buyer. This often leads to serious problems for the helpless old people, as they cannot work and earn at such age for paying their medical bills. These Medicare health insurance policies are meant to pay the medical bills of this age group of people, when they are no longer able to work and earn to pay their medical bills. But the gap remains and it is pretty difficult for a person of that age to fill that gap easily. However, this problem has been solved by some private companies after they introduced the Medicare Supplement Insurance Plans. These supplemental plans were meant to fulfill the gap left by the original Medicare policy. Because of this quality the Medicare Supplement Insurance Plans are also known as the Medigap Insurance Plans as they bridge the gap between the medical bill and the amount paid by the original Medicare policy.
In total there are 14 medigap health insurance plans denoted by the first 14 English alphabets, ranging from Plan A to Plan N. each of these plans are available to the common people and serve the same purpose with different facilities. Previously, there were 12 medigap plans; but the Plan M and Plan N has been introduced recently with more benefits and facilities for the common people. However, a person can only buy the Medigap insurance plans only if he or she is a Medicare policy holder. The Medigap health insurance plans are provided as a support to the original Medicare policy; a person can buy the Medigap plans only if he or she has got the Plan A or Plan B of the original Medicare policy. If the person has got the original Medicare policy, then he or she can buy any of these Medigap plans according to the original Medicare plan. In many cases it has been seen that people suffered a lot as they ignored these Medigap health insurance plans and used only the original Medicare policies. Each of the Medigap insurance plans differ from each other and provide different facilities.
These 14 medigap health insurance plans are sold by the private companies, but the rules are set by the government. Several companies sell these medigap health insurance plans, but since the rules are fixed by the government, the plans are same for each company. The private companies cannot change or modify any of these plans under any circumstances; they can only sell them and pay the required money for a person. The medigap health insurance plans have become popular all over the world; thousands of people have started using these plans with the original Medicare policy to cover the entire part of their medical bills.
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