The Uninsured Economy
According to CNN Health, the CDC recently reported that “almost 50 million Americans are without health insurance.”
The report refers to people of the age 18-64. According to the Kaiser Family Foundation, the high number of uninsured Americans is linked to the economy. The Kaiser Family Foundation is a research organization who provides information on the health insurance industry including news on Medicare and Medicare Supplemental Insurance. People are losing their jobs and as a result their health insurance. The total number of people without health insurance has increased by about 3 million from last year.
So what about people 65 and older? Luckily, as long as you’ve had a job that has paid into social security, you’re covered.
Original Medicare includes Medicare Part A and Medicare Part B. Medigap policies, however, are purchased through private insurance companies. Similar to typical health insurance, if you find yourself needing coverage when a health condition arises you may find trouble. To avoid this, you enroll during your Medigap Open Enrollment period.
To get more information about Medicare Supplement Insurance plans, talk to one of our Medigap plan representatives today or use our instant quote below.