If you have Medicare, it’s important to understand its limitations. Supplemental senior market health insurance and life insurance are available to fill in the gaps. However, many people are unfamiliar with these additional coverage options. Here’s an inside look from Stonewall Grace Insurance Center in Buena Vista, VA.

Why Supplemental Insurance is Invaluable

Ask anyone with Medicare about their coverage, and you’ll likely hear about the gaps. Supplemental senior market health and life insurance can help address these gaps during your golden years.

The purpose of supplemental insurance is to reduce or eliminate out-of-pocket expenses. This extra coverage provides financial protection for medical expenses not covered by Medicare, including deductibles and coinsurance.

The Importance of an Insurance Safety Net

If you’re nearing Medicare eligibility or are already eligible, visit the official Medicare website. There, you’ll find information about potential out-of-pocket costs for care.

Medicare recipients are financially responsible for co-payments, deductibles, coinsurance, and more. For example, Medicare Part B covers only 80% of physician services, leaving patients responsible for the remaining 20%.

Rather than paying these costs out of pocket, you can opt for senior market health insurance, which is available at an affordable monthly premium.

Contact Stonewall Grace Insurance Center in Buena Vista, VA

For insurance solutions in Buena Vista, VA, Stonewall Grace Insurance Center is proud to offer senior market health and life insurance. If you’re considering coverage, call us at 866-446-5056 for more information and a customized quote.