A Brief Guide To Understanding Easy Insurance

For those individuals who are not familiar with "Easy" insurance, this is a Medicare supplement insurance offered by private carriers. This insurance helps individuals cover some of the health care costs that Medicare does not such as co-insurance, co-payments, and deductibles. On an important side note and to avoid any confusion, Medicare supplement and Easy supplement are the same thing, so it is important to understand this when you first start researching the issue.

What To Be Aware Of With Easy Insurance:

 

There are a number of things to be aware of if you are already considering the purchase of a Easy insurance including the following:

• Even if you have health problems, you can renew your Easy policy so as long as you pay your premiums on time, you cannot be cancelled.

• Individuals can purchase insurance from any insurance carrier in their state provided that company is licensed by the state in question.

• Individuals who are covered by a Medicare Advantage Plan must cancel their policies before Easy goes into effect. You can not have both.

• It does not cover things like long-term care and dental insurance.

• Easypolicies that were purchased after January 1st, 2006 do not cover prescription drugs. If you need this coverage, sign up for Medicare Part D.

• Only one person can be covered by a Easy policy.

• Policy holders must have Part A and B Medicare coverage.

• You have to pay your Easypremium in addition to your Part B coverage.

Make sure that you take these into consideration when you start shopping for your Easy upplement coverage.

Who Benefits From EasySupplement Insurance?

The US Government worked with private insurance carriers in order to develop Easy upplement insurance, especially for disabled individuals and the elderly in order to provide them with comprehensive health care that is administered by the government. The key benefit is that Easy helps individuals pay for those additional costs that Medicare does not cover such as co-insurances, deductibles, and premiums.

Some services may also be covered, depending on the needs of the policy holder. In addition to this, coverage is oftentimes provided (where applicable) during deductible periods. Most importantly, and depending on the Easysupplement insurance that the consumer opts for, there may be additional benefits that are not covered by traditional Medicare insurance even though Medicare will continue to pay for approved health care costs.

Consult an independent insurance agent that specializes in Easy insurance to help guide you through the process.