To help shrink the coverage gap on their own, many Medicare beneficiaries enroll in Medicare Supplemental insurance plans, which are also known as MediGap plans. These plans will help to cover any coverage gaps that exist within the Medicare system. Nevertheless, not all Medicare beneficiaries are automatically enrolled in Medicare Supplemental insurance plans and unless they have access to a Medicare advisor, some Medicare beneficiaries are not even aware that such coverage plans exist.

Medicare supplement Plans 2019 bring up many different kinds of Medicare Supplemental and advantage insurance plans. Visit the following site for more help: Supplemental insurance plans are generally offered by health insurance companies and some health insurance companies offer more than one type of plan, which reinforces the importance of working with a qualified Medicare advisor to find the right plan.

Even as the lawmakers work on closing the Medicare coverage gap, many seniors will still want to enroll in Medicare Supplemental insurance policies, as the full coverage gap may take years to finally close. Moreover, the healthcare bill is still in the Senate and has not yet been passed. Therefore, the plan to close the gap has not yet been fully approved.

We who are true professionals are in the unique position to guide, advise, offer direction, clarify, and eliminate confusion. No government bureaucrat can come close to what we do. Under the new rules, organizations meeting certain qualifications will be given permission to access patient-protected Medicare data to produce public reports about the health care services of clinics, doctors and hospitals. These reports will combine Medicare and Medigap

Over the years, employers and consumers have been frustrated with the limited availability of health care claims data. Many health plans use provider performance data solely based on the health plan’s own claims, which may only represent a small portion of a provider’s overall performance. Making health care claims more transparent, can broaden consumer understanding about the performance of doctors and other providers. Imagine being able to pick your surgeon based on survival and recovery rates after his past surgeries.

Insurance claims data with private sector claims data to point out which healthcare providers give the most cost-effective and highest-quality services. This strategy is a part of the Affordable Care Act aimed at improving health care, making people pro-active about their health, and driving down health care costs. Making the healthcare system more transparent, promotes healthy competition between insurance companies and health care providers and that could drive down premiums.



Many seniors who participate in the Medicare program struggle to pay for their prescription medications each year. With the Original Medicare system, there is a prescription drug coverage gap of $3,610 – a shockingly high figure for many individuals who are no longer earning an income that allows them to comfortably afford the cost of their medications.

However, if Democrats are able to push through their proposed healthcare bill, seniors may start to see some relief at the cash register. Democrat lawmakers supporting the healthcare bill say the bill will reduce the prescription drug gap by as much as $500 in 2010. By 2019, the gap will be eliminated altogether.  Get information on advantage plans for 2019 at

Under the current Original Medicare system, seniors have to pay $3,610 each year for their medications before their Medicare coverage kicks in. The coverage gap is often referred to as the “doughnut hole” gap – and it has caused financial hardship for many Medicare beneficiaries who have no other means to pay for their medications.

“I personally am committed to fully closing the doughnut hole once and for all,” Majority Leader Harry Reid, D-Nev., said on the Senate floor. “The legislation we will send to President Obama for signature will make good on his promise, and ours, to forever end this indefensible injustice for America’s seniors.”

Medicare supplement Plans 2019 are all well and good, but who will pay for the cost of the decreased coverage gap? According to lawmakers, pharmaceutical companies will be responsible for paying for the reduced cost to Medicare beneficiaries. Pharmaceutical companies have already pledged $80 billion towards the healthcare overhaul. With the decreased coverage gap for medications, the pharmaceutical industry will need to pick up an additional $20 billion.

In addition to picking up the tab for the reduced coverage gap, pharmaceutical companies have also offered a 50 percent price discount on brand name medications that are in the coverage gap already.

Yet, even with the 50 percent discount and $500 decrease in the gap, many seniors will still be hard-pressed to afford their prescription medications in the coming years with the large coverage gap. One solution for many Medicare beneficiaries is Medicare Supplemental insurance.

This is by no means an exhaustive analysis of what’s ahead, but it is a beginning. Still, taken to heart, it gives us inspiration to continue to provide the most excellent advice and coverage implementation to our clients and would-be clients.


Every single thing is now open to new ideas based upon the changing conditions. Your practice is obviously going to change; caution and creativity are the guides. Whether we operate in single needs, multiple needs, or comprehensive planning modes and implementations, all of our recommendations are going to be different as compared to past years. It is a bit like attempting to walk in quicksand. And this applies to all product implementation, not just the health insurance arena. So be careful out there.Medicare supplement Plans for 2019

Earlier, the topic of currency debasement, creation of trillions of dollars by the Fed out of thin air, and inflation – about 2.5% annually, by the way was touched upon, especially as related to obtaining goods, services, and accumulation/distribution of retirement funding. This leads into the arena of retirement capital, funds formation, equities markets, cash value life insurance, annuities, precious metals, commodities, bank deposits, money markets, treasury instruments, and the like.

This also includes non-tax qualified and tax-qualified retirement vehicles, such as IRAs and 401(k)s, as examples. One suggestion is the recommendation that some portion of a client’s capital or retirement portfolio of funds be placed in hard assets. Gold and silver come to mind. We would defer to a precious metals specialist for that. Hedging and potential gains are two objectives that come to mind.

The way we operate in ethical conduct of business will change for Medicare supplement Plans 2019. Find out more at suggestion is put forth that in the future and beyond, we in financial services when advising businesses and individuals, will need to either form alliances with other financial professionals who are licensed in areas where we are not, or refer people to other trusted advisors in order to fully inform the people we serve of the risks and rewards to allow them to make proper, informed decisions that work for them and provide them the opportunity to form strategies and thus to protect themselves.

We are definitely in for quite a ride; so fasten your seatbelts. A tip from one who is an investor, not a sales agent: dollars are currency; gold is money. Get to know the difference. Know all the new rules, regulations, and compliance requirements. Study and engage with other professionals. There is a big job ahead for all of us, starting now. Medicare seems to be a topic to therefore watch out for in this respect but then, why not?