Here To Serve You 7 Days a Week 1-800-MEDIGAP (1-800-633-4427)
What is a Medigap Hybrid?
Medigap Hybrid is a cross between Medicare Supplement Plan F and Self Insurance
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Medicare Spplement Insurance
This concept takes most of the risk and moves it to the insurance company. While over 85% of our clients like this concept, more and more are moving to the HYBRID MEDIGAP as it gives you the best of both worlds.
Reasones people like the Medicare Supplement Plan F:
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If medicare only pays 80%, the insurance policy covers the other 20%
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These plans help off-set the overages the doctors charge above and beyond what Medicare pays
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They like the ability of paying a fixed (KNOWN) amount each month, allowing them to budget future out-of-pocket medical expenses
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Ease of use
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Little Paperwork
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Ability of Choice
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Flexibility and Travel Flexibility
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Medicare Supplements provide "Peace of Mind"
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Medicare Self Insurance
This concept is designed to minimize or eliminate the cost of insurance each month, while taking on all the risk medical expenses.
Reasons People Self Insurance:
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Save on costly Insurance Premiums
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They believe they are healthy and don't mind the risk of the medical bills
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Have plenty of money set aside for future medical expenses
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Covered by a trust or estate
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Don't want to pay the insurance company any more then they have to
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Have had years of health and limited medical expenses
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Hybrid Medigap
This represents the best of both worlds.
The concept is to purchase what is know as a
Medicare Supplement Plan F
(High Deductible)with a very low monthly cost.
(Typically saving over $1000.00 a year in premiums alone)
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MEDIGAP ANNUITY, allows you to put the money you save (up to $2040 each year apx.) into an account that typically pays intrest, designed to pay the insurance deductible of arround $2040.
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So you have about the same monthly outlay , but if you don't get sick or don't use the money in the annuity it rolls over and typically collects interest.
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Use your IPHONE to get a MEDICARE SUPPLEMENT QUOTE APP or call 1-800-MEDIGAP