Los Angeles, CA, June 08, 2013 --(PR.com
)-- Nearly 10 million Americans have Medicare Supplement insurance, also commonly called Medigap insurance according the American Association for Medicare Supplement Insurance.
“Medicare Supplement insurance can be confusing for consumers who are increasingly calling seeking answers,” explains Jesse Slome, executive director of the national organization. “With 10,000 Baby Boomers turning 65 every day we are seeing an increase in the number of calls from across the country."
To assist consumers seeking both information and price comparisons for Medicare Supplement insurance policies, the trade group initiated a Consumer Inquiry Center. "We will start to address basic questions through our organization's website and, if there is interest, connect the consumer with an insurance professional familiar with the policies available in their locality," Slome notes.
There are 12 standardized Medicare Supplemental insurance plans - A through L. Medicare Supplement is often also called Medigap. Each plan has different benefits. Plan A has the fewest and is the least expensive, according to AAMSI. Plan J has the most and is the most expensive.
"It is important to note that all 12 Medicare Supplemental insurance plans are not available in every state," Slome explains. "Massachusetts, Minnesota and Wisconsin have their own plans, each with different names," he notes. But the state-specific plan benefits are similar to the "national" plans.
The American Association for Medicare Supplement Insurance and the American Association for Long Term Care Insurance were established to advocate for the importance of planning and to support insurance and financial professionals who market Medigap insurance. To learn more about and obtain Medicare Supplement insurance costs call the organization’s offices at (818) 597-3205 or visit the Association’s website.