Many seniors who are just signing up for original Medicare do not understand the importance of Medicare Blue Cross Advantage plans policies. Even for those who are in good health, the need for extensive surgery or the need to visit the emergency room and some laboratory tests can leave you in debt. As you might expect from people with an existing medical problem, such as diabetes, cancer, high blood pressure or arthritis, not having a Medigap policy can cost more than any premium you have paid.
Irrespective of how you choose to see things, an unhealthy life style will cause your health to deteriorate. This increases the risk of developing stroke, cancer, tumors and many other serious medical problems. Medicare manages only about 80 percent of the health care bill for the elderly and, in some cases, even more. Insuring these costs may be impossible if you do not have the correct amount of additional insurance. In fact, for those older adults who already have a pre-existing condition or who have some kind of hereditary medical problem, getting a Medicare policy is the right option if they do not need it immediately, as they give them some measure of financial security and comfort.
You can protect your financial resources with an additional Medicare policy. Many seniors understand what they stand to gain when they become beneficiaries of original Medicare, but many simply do not bother to buy Blue Cross Advantage plans Medicare policies. For a minute, consider a scenario in which you just retired and now have Medicare that is not the same as the insurance package offered by your employer. You must remember the time you had surgery and you only have to pay your annual deductible. However, only with Medicare insurance, you will have to pay much more. Just for a couple of x-rays and minor surgeries after a fall, you could be charged more than $3,000 for the total bill.
If you have not met your annual deductible, this implies you will pay about $ 907.00 for a hospital visit. As you may have imagined, for patients diagnosed with a serious medical condition such as cancer or diabetes, they have a greater possibility of accumulating medical expenses worth many thousands of dollars in a few weeks. Every bit of your life savings may disappear in a twinkle of an eye if you have very little savings in the bank. In this scenario, you can purchase Medigap insurance to help prevent such disasters.
Today, older people still expect to receive Original Medicare, as it remains a good safety net for those difficult times. Although it is not enough for the health care needs of many elderly people, the 20 percent that must be insured by the recipient accumulates quickly and can be very expensive to insure. If you have a challenge with those deductibles and co-payments, then you must help yourself by enrolling in a Medigap insurance policy to help preserve your future and your finances. You can also decide which doctor you want to see and be responsible for your insurance.