Medicare does not, as some people mistakenly believe, cover all medical expenses. Although it does cover a significant portion of the costs for medical appointments and prescriptions, this generally amounts to only 80 percent – the rest has to be funded by the patient. If you suddenly develop a serious illness or health condition, then this can still add up to significant medical expenses.
The section of the population who are generally the worst affected by this are senior citizens. After the age of 65, both men and women are significantly more likely to develop a long term health problem which requires them to take medication for the rest of their lives. They are also more likely to require surgery, which can cost hundreds of dollars, even after Medicare has paid a portion of the costs. This sort of bill can leave senior citizens feeling overwhelmed and stressed, but there are solutions to this issue.
An increasing number of senior citizens in the state of Florida are opting to take out Medigap. This a Medicare supplemental insurance which will cover all or most of the remainder of the bill, once the Medicare portion has been paid. This supplemental policy is available to anybody who is over the age of 65, and can be arranged through most insurance providers.
There are several tiers of Medigap insurance available in Florida, to suit a range of needs and budgets. The policies are also designed to be very easy to upgrade, so if you believe that your coverage is no longer sufficient your insurer can increase your coverage with the minimum of hassle.
If you are interested in learning more about protecting your health and your finances with a Medicare supplemental insurance, make an appointment with your insurance provider of check out www.floridamedicaresupplementquotes.com for more information. You may also want to request some quotes from competing providers, to ensure that you find the most competitive deal.