The idea of being in retirement, nowadays, isn’t one filled with vacations or rest. Living the golden years doesn’t have that bright glow that it typically has, because of the rising costs of health care, lack of finances, and other baby boomer retirement problems. To help counter these problems, let’s try to identify a way to address these issues through a policy such as Medicare supplement Plan G. Also, make sure to share this article with your loved ones. We want more people to be aware of how a plan will help them during the retirement phase of their lives. Who knows, you just might provide them the answer to their retirement woes. According to a recent report by The Gazette, more baby boomers are delaying their retirement. This is because that majority of retirees haven’t saved enough funds to build a nest egg.
Approximately 10,000 baby boomers entire the retirement phase of their lives each day. How ready are they facing the golden years? Do they have the right knowledge and coverage when it comes to dealing with medical issues? Have they saved enough money in case an accident happens? Are they enrolled in the proper Medicare plan? If you are a boomer or are looking after one, you may want to know these Medigap basics. The knowledge you will gain here may very well just save you money – or your life: Knowing if a Medicare Supplement Insurance Plan is the Best Option A Medicare supplement insurance plan is a policy sold by private companies. Also known as Medigap, this is a plan meant to cover the various “gaps” found in Original Medicare (Part A and Part B) plans. These “gaps,” such as coinsurance, deductibles, and