Alzheimer’s disease, no matter how one sees it, is a devastating form of dementia that affects both the afflicted and his or her loved ones as well. As revealed by one of Rena’s previous posts (a powerful write-up, if we may add), When Real Life & Dementia Collide, the topsy-turvy emotions involved with the said disease can skew one’s worldview.
Yet, we all soldier on and try our best to make sense and find the beauty in this whirlwind of feelings. After all, regardless if one looks after or lives with Alzheimer’s, what other way is there than to make the most out of our circumstances through positivity, right?
Which is why, aside from applauding the mentioned article, we’d also like to identify several ways to help one aid with the financial and emotional issues related to Alzheimer’s. And one solution to address dementia is learning about Medicare Supplement Insurance Plans.
Also known as Medigap, this insurance policy helps individuals pay for the “gaps” (or out-of-pocket fees such as deductibles, coinsurance fees, and copayments) not covered by Original Medicare Plans. These gaps, if not tackled as soon as possible, can quickly drain anyone’s hard-earned savings. And knowing how exhausting dealing with Alzheimer’s is, having a Medigap plan can be a welcome answer to the financial woes anyone can encounter during the golden years.
Here are other reasons why you may want to consider enrolling in a Medicare Supplement Insurance Plan:
Minding the Gap
Helping to pay for the gaps (whether full or partial) may equate to massive savings. As stated by the Alzheimer’s Association, some of the most common care costs to consider are diagnosis (and follow-up visits), treatment or use of medical equipment for the conditions, safety-related expenses, and the like. Depending on the chosen Medigap plan, more items may be subsequently covered.
Preferred Medical Attention and Services
Private insurance companies sell Medicare Supplements. Additionally, there are ten standardized Medigap plans to choose from, to cater to an applicant’s unique needs. This means that potential policyholders have the advantage to select an insurer they are comfortable dealing with, and to choosing a plan that will best suit their budget or circumstances.
Also, regardless of the purchased policy, Medigap plans aren’t limited to a network of doctors. Just as long a medical provider accepts Medicare, a Medigap policy will also be accepted. This offers a convenient and flexible approach for policyholders to choose and receive aid from doctors they trust. For more details – or if you need to shop around for a plan – please make sure to take the time and request for Medicare Supplement quotes online.
Coverage Even Outside the Country
Depending on which type of plan an individual enrolls in, Medigap offers medical coverage even outside the country. This works best for boomers with plans to travel abroad during the golden years, or for those who move to warmer climates during the winter months.
Putting things into perspective, Medigap plans do not only supplement Original Medicare plans in providing necessary medical coverage for policyholders. Medigap policies also help in providing Alzheimer’s patients a larger safety net, making them – and their loved ones – focus on the more important parts of life. We wish you all the best and happiness during the twilight years!
About the Author:
As the Online Content Director of FreeMedSuppQuotes, Leandro Mueller aims to push for awareness and promotion of the many benefits of Medigap insurance plans in the market. He hopes that his work will help boomers and retirement industry experts alike in their lives.