If you are signed up for a Medicare plan or you will be signing up for one over the next few years, then you will need to look at your options as far as supplemental insurance is concerned. You may not receive ample coverage from Medicare to take care of all your medical expenses. It may leave some gaps in your coverage that you need to fill some other way. The AARP Medicare supplement plans for 2018 may be able to fill those gaps for you.
AARP was founded back in the late ‘50s as a non-profit organization. Its purpose was to help retired people with whatever services they may require, be it healthcare, insurance, housing and banking opportunities. The company has come a long way since then, changing mostly just to add more services. Now AARP is made up of seven distinct divisions, each one with a different focus. The entire organization is no longer fully non-profit, and the Medicare supplemental plans it sells are a good example of the changes that have taken place within the company.
These plans can be found at many different companies. Medicare enlists private insurance companies to sell its supplemental plans for it. It gives these companies some leeway as to which plans they choose to sell, what restrictions they put on access to coverage and how much they charge for the plans. What private insurance companies do not have any power over is the kind of coverage each of the plans come with. They cannot change the coverage in any way, even if they charge lower or higher prices for the plans than their competitors.
That’s important to keep in mind as you look at the AARP Medicare supplement plans for 2018. Know that the coverage each of the plans has is the same as what you would get elsewhere. So you should base your buying decision on what the cost of AARP’s plans is and what kind of customer service and member benefits they are providing. That’s what actually separates them from their competition.
If you would like to choose the coverage that will best suit you, then you do have some options. Medicare has created ten different supplemental plans, each with slightly different levels of coverage. What one plan covers, another may not, so you have to look in detail at what all the plans are providing you with to determine which one is going to fit you best. The plans cover medical expenses ranging from hospice care and nursing services to recurring costs like deductibles and co-payments. The plans are distinguished by their coverage, so you can base your plan choice on that, but don’t forget to factor in the cost.
You may be able to save money by choosing a more expensive plan, simply because of what you would save in out of pocket costs for medical expenses that this plan would cover for you. Consider all of the AARP Medicare supplement plans for 2018. Among them you should find a plan that is affordable and that suits your coverage needs.