Insurance, Retirement

Seniors facing some of the highest out-of-pocket Medicare expenses in history

December 18, 2013

Many seniors on Medicare are now experiencing higher than ever out-of-pocket costs for their healthcare. With increasing deductibles, co-insurance and other out-of-pocket costs, the Medicare Supplement insurance offered by private companies can be more important than ever.

With a supplemental plan in place, Medicare will pay its share of the Medicare-approved amount for covered healthcare costs. Then your supplemental policy pays its portion. Some supplemental policies also offer coverage for services that original Medicare doesn't cover, such as medical care when you travel outside the U.S.

Medicare Supplement insurers can only offer standardized policies. Your decision on who to buy your coverage from should be based on value, reliability and service - all attributes of the AMA-sponsored Physician-Exclusive Medicare Supplement Plans underwritten by Transamerica Life Insurance Company.*

Click for more information on AMA-sponsored Medicare Supplement Plans

* In NY, Transamerica Financial Life Insurance Company, Inc., Purchase, NY. In CT, MA, ME, and WA, Monumental Life Insurance Company, Cedar Rapids, IA.

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