Underwriting is the process assessing risk of issuing insurance. Undewriters evaluate applications,
Seniors across the country are concerned with the cost of medical care. With Medicare Part A and Part B, alone, recipients are still left with 20% of the bill, on top of copays and deductibles. Medicare is popular because of the range of services and healthcare providers covered; however, the potential out-of-pocket costs worry many people. Fortunately, Medicare Supplement Plans in Arkansas allow you to keep your Medicare coverage, and protect yourself from medical bills.
Medigap plans, as they are also known, have a surprisingly straightforward claims-paying process. Typically, when you see your doctor, your doctor will bill Medicare. After ensuring that your visit was medically necessary, Medicare will approve your claim, and forward the approval to the company that you have your Medigap plan with. Once your company has received the bill, they pay their portion of the claim. Many seniors enjoy that they do not typically need to go through the hassle of filling out forms and waiting for approval; they can get the services that they need, and then go about their day as usual.
Choosing a Medigap plan in Arkansas, and selecting a carrier can be difficult. We’re here to help. You can speak with a licensed GoMedigap agent, who will help you understand your options, and choose what’s best for you. For more information, give us a call at (866)894-3258, or use our free quote tool below.
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Medigap Plan F and Medigap Plan N are two popular plans. Our article Plan F vs Plan N: Which Medigap Plan is Better? compares the two, and helps you decide which may be better for you.
Thinking about changing plans? Read our post Switching Medigap Plans