- Critical insurance to have if you're receiving Medicare benefits.
- Medicare has some significant coverage shortcomings: –
- A limited number of days of room and board hospitalization coverage
- No coverage outside the United States or Canada
- No coverage for the physician charges that exceed what Medicare allows for certain procedures.
What separates a good Medicare supplement from a not so good one is:
- That the good policies cover hospitalization expenses for up to a year or more beyond what Medicare allows
- Cover care received outside United States or Canada
- Cover 80% or more of the excess physician or surgeon charges that Medicare disallows that you are still responsible for.
- It is important to your peace of mind for those with Parkinson’s to know that federal law gives you six months from your Medicare start date to receive the very best Medicare supplement from any insurance company, guaranteed regardless of how poor your health is.
- This means that when your current individual, or group health policy, ends at age 65 or if you have been receiving Social Security disability benefits for 24 months, you immediately qualify for Medicare and the right to buy a top Medicare supplement, with no interruption in coverage at all and no pre-existing condition exclusions. Health coverage that you can keep for the rest of your life!
Content for this section provided by Jack Hungelmann, who has had PD since 1996.