Medigap Plans for Preventative Care
What are the best Medigap plans for preventative care? And how do you choose a plan based on your budget and healthcare needs? Read on for recommendations on the best Medicare Supplement plans.
Many people neglect preventative care, but that’s a mistake. The best Medigap plans help you avoid diseases and conditions that could negatively impact your quality of life, especially during your golden years.
As an aging adult, you want as much energy as possible. Whether you’re playing with the grandkids or jet-setting across the world to discover hidden treasures, you need good health on your side. That’s why you need to know about the best Medigap plans for preventative care and how to use them wisely.
It’s not fun to visit your doctor regularly, but he or she can spot potential problems and help you resolve them before they become critical.
Approximately 70 percent of deaths in the United States stem from chronic disease. Many of those diseases are either preventable or manageable, such as cardiovascular disease and diabetes. If you’re committed to your health, you don’t have to become a statistic.
WHAT CONSTITUTES PREVENTATIVE CARE?
Preventative care is any medical care you receive that’s designed to prevent diseases or health conditions. For instance, vaccinations ward off diseases like the flu, shingles, and more. You might get a colonoscopy every few years to make sure your lower digestive tract is healthy, while women need mammograms to screen for breast cancer.
You also receive preventative care during routine doctors’ visits. Your physician takes your blood pressure, checks your blood-oxygen level, and asks you about your overall health. Prostate and pelvic exams for men and women respectively help identify any potential problems.
But what does preventative care have to do with finding the best Medigap plans?
The best Medigap plans for preventative care make seeing your doctor and receiving tests and vaccinations less expensive. They reduce your out-of-pocket expenses, so you don’t have to worry about the financial impact of receiving such care.
HOW OFTEN SHOULD YOU SEEK PREVENTATIVE CARE?
Everyone is different. Some people need to see their physicians every few months, while others can get away with once-a-year visits. Similarly, your doctor can tell you how often to receive specific screenings, such as mammograms or colonoscopies.
The best Medigap plans help you worry less about the costs associated with preventative care so you can focus on maintaining your health.
Many factors go into determining how often you should receive certain types of preventative care. If you have a family history of some type of disease, for instance, your doctor might recommend more frequent screenings.
Additionally, if you already have a chronic condition, you’ll likely see your physician more frequently. The best Medigap plans allow you to visit your doctor whenever it’s necessary without thinking twice about the associated out-of-pocket expenses.
HOW IS PREVENTATIVE CARE BENEFICIAL FOR RETIREES?
As you get older, your body can become more susceptible to disease. It all depends on your physical constitution, family history, and lifestyle habits. For instance, if you eat a relatively clean diet, avoid tobacco and alcohol, and get regular exercise, you’re less likely to face a serious illness.
The best Medigap plans strike a balance between premium and coverage. In other words, you’re not over-insured, but you have sufficient coverage to prevent huge medical bills should you need medical care.
Preventative care is just one facet of overall healthcare, but it’s important. If you’re serious about taking care of yourself, you might spend more at the grocery store for whole foods rather than processed meals, for instance, and invest in a monthly gym membership.
When it comes to selecting the best Medigap plans, retirees have to think about their overall budgets as well as how they structure preventative care. Depending on your income, you might want a more expensive Medicare Supplement plan that allows you to avoid out-of-pocket expenses when you visit the doctor. Alternatively, you may choose a less-expensive plan to reduce the premium’s impact on your monthly budget.
Just remember that your preventative care should come first. The best Medigap plans take care of those costs so you don’t have to reach into your pocket. As you get older, you might experience symptoms that you can’t define. Visiting your doctor to explore those symptoms can ease your stress and uncover potential problems before they become much larger.
For instance, if you have one of the best Medigap plans for preventative care, you won’t think twice about visiting your doctor when you experience a racing heart or pressure in your chest. Preventing a heart attack or other cardiovascular event is much easier than repairing the damage after it occurs. It’s also less expensive overall.
WHAT ARE THE BEST MEDIGAP PLANS FOR PREVENTATIVE CARE?
For the most part, your preventative care will fall under Medicare Part B. When you visit your general practitioner or a specialist, you might have a copayment or coinsurance fee as well as the Part B deductible. The best Medigap plans remove those out-of-pocket expenses.
There are only two Medicare Supplement plans that eliminate the Part B deductible: Medigap Plans C and F. Both of those plans will not be available for new entrants in 2020, though, so they might not be available when you reach retirement age.
The best Medigap plans for preventative coverage include plans A, B, C, D, F, G, and M. They all eliminate your Part B coinsurance or copayment completely, while Medigap Plans K and L only cover those costs by 50 and 75 percent respectively.
The best Medigap plans for preventative care eliminate the financial worries that come with seeing the doctor. You don’t want to avoid these visits because there could be serious healthcare ramifications down the road.
You might think that the best Medicare Supplement plans are F and G because of their extensive coverage (and if you are already enrolled in Medicare prior to January 1st, 2020 with respect to Plan F.). Alternatively, you might want a lower-cost plan to help you better maintain your budget. It’s entirely up to you.
Learn as much as you can about the best Medigap plans so you’re prepared for your initial enrollment period. Medicare Supplement insurance is a great way to reduce your healthcare costs in retirement.