Medicare Supplement
Medicare supplement plans offer enticements like free gym memberships, return of $$$ each month as reimbursement, rides to appointments, dental coverage, reduced price medications and the list goes on.
Many issues are not revealed in the teasers: In most cases YOU MUST stay within the network using doctors and facilities that are within the plan’s scope. It also depends on the zip code you live in as to how much reimbursement you receive, if any. All the freebies they entice you with are also subject to the geographical area you live in based on available amenities.
Although they entice you with all the different offerings it will PAY YOU TO RESEARCH ALL THE BENEFITS AND DETRIMENTS of these plans to find out how you will be restricted in the use of the plan you are considering. If you don’t know thoroughly what you are getting into, you may regret it later.
Going back to Medicare later will take at least another open enrollment period to come up. You also may be paying a higher Medicare premium when going back because you have had a break in service to the Medicare plan.
The old adage of “buyer beware” holds true with these and other enticement plans. You don’t think these plans are being offered for your benefit, do you? They are in this business to MAKE MONEY on you. So keep your wits about you and don’t fall for some fast talking “sales” person who promises the moon. If it sounds too good to be true, it probably is.
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