Medicare Supplement Alterations Announced

Online, May 15, 2010 (Newswire.com) - Significant modifications to the Medicare supplement insurance program take place very soon. Two brand new policies are going to be unveiled in addition to four others removed in these huge modifications which go live on June 1, 2010.

James Preston, publisher of the Medicare Supplemental Insurance Guide, said Medicare participants ought to pay close attention and discover modifications to available Medigap plans.

"Four of the established 12 Medicare supplement plans are being eradicated permanently while two new types are now being launched for the first time," said Preston. "The good thing is that any plan bought before June 1st aren't going to be affected unless the beneficiary wishes to make a alteration."

Preston said some of the other changes occurring at this time include the removal of the home recuperation and preventative care benefit, the benefit for excess fees in Plan G will go up to 100 percent and a hospice benefit will be added to the core benefits of Medigap Plans A to G.

"For people with more inquiries about these benefits, I suggest you go to our site at http://medicaresupplementalinsurances.com or visit your local medical insurance agent," said Preston. "You can also make contact with Medicare by telephone or mail to ask for additional information about the new policies."