Original Medicare Parts A and B cover hospital and medical services, respectively, but it doesn’t always pay for all your healthcare costs.
Still, deciding whether Medicare supplemental insurance is worth it for you will likely depend on your unique financial situation, health, lifestyle goals and other considerations.
If your budget has little room for emergencies and “what if” situations, Medicare supplemental insurance coverage could help you overcome unexpected expenses.
“If you’re pretty healthy and have other coverage that takes care of most of your medical expenses, you might not need Medicare supplemental insurance,” says Terry Turner, a financial wellness facilitator and writer for RetireGuide.com.
Ultimately, deciding whether Medicare supplemental insurance is worth it comes down to its benefits and costs as it relates to your personal situation.
As with any financial product, it’s wise to do your due diligence and weigh the pros and cons of Medicare supplemental insurance before making a decision.
The original article contains 783 words, the summary contains 153 words. Saved 80%. I’m a bot and I’m open source!
Medicare supplemental insurance coverage could help you overcome unexpected expenses.
That’s literally the sales pitch for any type of insurance product. If someone were to have a risk (that couldn’t be reduced or avoided) where there was a material risk of insolvency, then insurance should be considered.
This is the best summary I could come up with:
Original Medicare Parts A and B cover hospital and medical services, respectively, but it doesn’t always pay for all your healthcare costs.
Still, deciding whether Medicare supplemental insurance is worth it for you will likely depend on your unique financial situation, health, lifestyle goals and other considerations.
If your budget has little room for emergencies and “what if” situations, Medicare supplemental insurance coverage could help you overcome unexpected expenses.
“If you’re pretty healthy and have other coverage that takes care of most of your medical expenses, you might not need Medicare supplemental insurance,” says Terry Turner, a financial wellness facilitator and writer for RetireGuide.com.
Ultimately, deciding whether Medicare supplemental insurance is worth it comes down to its benefits and costs as it relates to your personal situation.
As with any financial product, it’s wise to do your due diligence and weigh the pros and cons of Medicare supplemental insurance before making a decision.
The original article contains 783 words, the summary contains 153 words. Saved 80%. I’m a bot and I’m open source!
That’s literally the sales pitch for any type of insurance product. If someone were to have a risk (that couldn’t be reduced or avoided) where there was a material risk of insolvency, then insurance should be considered.