Texas Health and Life Save Money Medicare Supplement Shopping
Released on: July 30, 2008, 4:07 am
Press Release Author: texas health and life
Industry: Healthcare
Press Release Summary: Shopping for Medicare supplements usually results in frustration because they are all the same price from state to state. This is true in most cases, but with one area of exception, quotes on supplements can vary widely.
Press Release Body: It\'s not often consumers are able to save money when they buy health care insurance. In fact that\'s one of the biggest complaints many Americans have, claiming that their health care policy, or a policy they aim to purchase, is too expensive. Little do they know that they could be saving money on Medicare supplements by calling around for quotes from insurance carriers.
The savings that can be garnered by checking out supplement prices is often enough to make a substantial difference in someone\'s budget by the end of the year, making it worth your time to do your homework. This isn\'t a nickel and dime affair, and Medicare supplement prices are well worth investigating. Note: this is the only area in the health care system where comparing costs will save money.
Here\'s how it works. Every state has Medicare supplements, which are all priced the same and offer the same coverage. However, it\'s up to the insurance companies which parts they will offer people over and above the mandatory part A. Some carriers will opt to offer parts B through L in their entirety, while others may pick and choose. In other words, offering more than part A is optional. Since offering parts B through L is optional, insurance companies are free to charge whatever price they think the market will bear--hence, you can find savings by checking prices.
For example, consider a person who is 70 years old and wants Part F or J (which covers all expenses). They call big insurance company number one, where they receive a quote of $115 a month. They next call a slightly less well-known insurance company two, and are given a quote of $100 a month - and there\'s a savings of $180 a year, enough to make a difference in any budget.
Calling around for Medicare supplement quotes may mean the difference between having adequate insurance or no insurance at all, thanks to the ever-increasing costs of health care insurance premiums. Saving money in this day and age is a delightful bonus while still getting good health care coverage.
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