There are two important periods coming up regarding Medicare insurance. The first period is The Annual Election Period (October 15^th through December 7^th). In this period eligible individuals may enroll or disenroll from a Medicare Advantage plan. The second period is The Medicare Advantage Disenrollment Period (January 1^st through February 14^th). In this period Medicare Advantage enrollees have the opportunity to disenroll from their plan and acquire a Medicare Supplement plan, if they so choose.

Here are some of the reasons you will want to consider a ManhattanLife Medicare supplement plan during these two important periods:

• Any healthcare provider that accepts Medicare will accept all Medigap plans. There are no networks, there are no HMOs, there are no PPOs and you will never need a referral to see a doctor or specialist
• Generally there are no co-pays when services are rendered
• Most Advantage plans have co-pays for every visit
• Medicare Supplement plans are standardized by the government. Which means you can compare prices form one company to another and always know that you are comparing the same coverage
• Policies are “Guaranteed Renewable”, which means that as long as you pay your premium, you cannot lose the coverage
• If you move to another city or state, you can take your Medigap policy with you
• You won’t have to worry about limited providers or doctors dropping out of your network

So, although Medigap plans usually come with a slightly higher premium than the Advantage plans, there are very few limitations to them and no “hidden” costs as far as co-pays and/or deductibles. For these reasons we feel that a Medigap policy is the best supplement to your Medicare coverage.

Visit our Medicare Supplement Plans page for more information.