7/24/2009

average cost of medicare supplemental insurance policy

For seniors with both Part A and Part B Medicare, your home health care situation is usually covered, save for the 20% out-of-pocket expenses for medical equipment. Just remember to keep track of your Medicare insurance benefits (and Medigap if applicable) by verifying with your physician, home health care agency, and insurance representative. Paying for home health care does not have to cost you an arm and a leg, but do be prepared for the occasional (but necessary) out-of-pocket medical expenses.

Sources

1. Centers for Medicare and Medicaid Services, Medicare and Home Health Care, page 6 2. Medicare website: "Your Medicare Benefits." 3. Ibid. 4. Ibid. 5. Medicare website: "Medigap (Supplemental Insurance) Policies."


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