When you turn 65 years old, you will qualify to be covered by Medicare from the federal government. There are two types of Medicare plans available, type A and type B, but many people want a bit more than Medicare currently offers. In this case, those in the Austin area who are over 65 years old or older can choose a supplemental health insurance plan. Medicare will cover anywhere between 70% and 80% of your medical bills, on average, so most people want a supplement policy for Health Insurance Austin TX to cover the rest.
Choosing the Right Medicare Supplement Insurance for You
If you want to choose Health Insurance Austin TX to supplement your Medicare plan, it is always a good idea to do your research. Don’t just sign up with the first company who sends you a mailing. First you will want to collect a list of insurance companies in the Austin area that offer Medicare supplement insurance. At that point, you will want to make sure to get a quote from all of them. Compare quotes for different companies, as well as for different Medicare plans in order to make sure you are getting the best value for your money.
Another thing that you can do in order to find a great health insurance plan to supplement Medicare is to ask your peers. You probably have friends or family that have gone through the process of getting insurance in this manner and they can probably offer some great advice. They will be able to tell you where they get their insurance, approximate cost and even may have an agent they can refer you to.
Do I Really Need Medicare Supplement Insurance?
Some people question if they need Medicare supplement insurance or not. The truth is, you certainly don’t need it, but you have to remember that anything Medicare doesn’t cover would come out of pocket. If you needed emergency heart surgery, for example, that costs $100,000, you would still have to pay $20,000 – $30,000 on average out of your own money. However, if you have a Medical supplement policy, much of that would be taken care of.
For most people, it is recommended that they choose a Medicare supplement policy from a trusted source. If you have recently turned 65, consider a policy, today.
If you are looking for supplement health insurance in Austin, TX, contact State Farm. They are available online at http://www.statefarm.com/ or by phone, 855-733-3333.
