Alzheimer’s disease is often considered as the type of dementia that not only cripples a patient but his or her loved ones as well. The hooks of pain are devastating, both in a physical and an emotional manner.
There is always a silver lining, even when it comes to Alzheimer’s. No matter how painful this type of dementia is, we must all cling onto hope. Hope springs wonderful delights, both for a patient and a caregiver.
Several Alzheimer’s articles available online offer some of the best resources on the disease. These helpful hubs of information allow both patients and caregivers a deeper understanding on how to cope and live with the disease. This is why sites such as The Diary of an Alzheimer’s Caregiver are avenues of hope, illuminating the creeping darkness of dementia through awareness.
As such, we are grateful for the opportunity to explain a solution that will address a person living with Alzheimer’s health and financial security. Medicare supplements, also known as Medigap policies, may just be the necessary tools to help face the darkness.
Shedding Some Light on Medicare Supplements
Medicare supplement insurance plans help policyholders pay for the “gaps” found in Original Medicare plans. Original Medicare is made up of Part A and Part B, which cover hospital/hospice care services and durable medical equipment accordingly. Part A is usually offered for free, depending on the policyholder’s amount of contributions during his or her working years. Part B is optional, yet highly recommended.
The “gaps” are out-of-pocket expenses such as copayments, coinsurance fees, and deductibles not covered by Part A and Part B. Even if Original Medicare will cover most of what a policyholder is expected to pay for, the gaps – if added up – can quickly drain savings. As such, Medicare supplements offer the peace of mind and convenience that anyone deserves.
Benefits to Address Dementia
Private insurance companies sell Medicare supplemental plans. There are also ten standardized plans to choose from. This means that individuals living with Alzheimer’s have the advantage to shop around for a plan that will best address their budget and unique circumstances.
Also, Medicare supplement plans aren’t limited to an in-network list of medical practitioners. This means that policyholders stay in control of where and who to seek care and attention from. This benefit may seem minimal, but one thing that Alzheimer’s awareness advocates consistently push for is creating a level of trust. Medigap plans provide a way for an individual living with Alzheimer’s to seek help and support from medical experts who he or she trusts. Basically, these policies allow patients and caregivers to both retain and seek help from individuals they’ve built a high level of trust and connection with.
With policies such as Medicare supplements available to assist financial issues, the burden of living in the darkness may be lightened. Every little help matters when it comes to dementia. A Medigap policy is one such solution that will assist both the patient and caregiver get through the despair.
Clearing the Path Toward a Brighter Future
Applying for Medigap insurance means that an individual must be at least 65 years and enrolled in an Original Medicare plan. It is also highly recommended to purchase a plan when you are first eligible for it. The Medicare supplement Open Enrollment Period (OEP), which is a 6-month time frame beginning from the first time you are eligible for Medigap, offers the advantage of lower premium prices and an easier application process. Applying outside the OEP means paying higher premium rates and undergoing a stricter medical underwriting process. This is because private insurers need to make sure if an applicant is considered a risk or not.
Nonetheless, agents are available to assist interested individuals. Make sure to reach out to an expert to check your Medigap plan options. There is always hope!
About The Author
Is the Online Content Director of FreeMedSuppQuotes, Leandro Mueller aims to push for awareness and promotion of the many benefits of Medigap plans. He plans to accomplish this through writing informative and compelling content, which is to be posted on several avenues online. Leandro hopes to push the envelope when it comes to explaining the many details one needs to tackle with Medicare Supplement Plans.