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Medigap Coverage: High Percent of Seniors Satisfied

A new survey from American Viewpoint released from America’s Health Insurance Plans (AHIP) shows that nine out of every ten seniors are satisfied with their Medigap coverage in the past year. About 79% of beneficiaries say their Medigap policies provide excellent or good value for the money and an overwhelming 91% would recommend this product to a friend or family member.

Karen Ignagni, President and CEO of AHIP, says Medigap coverage provides seniors with financial security and peace of mind when it comes to their health care according to Robert Zirkelbach’s article on the AHIP website. They also released a recent report that shows Medigap policies continue to increase reaching about 9.8 million enrollees in 2011.

When enrolled members were asked what they liked most about their Medigap coverage a few key themes came about. They liked the limits on out-of-pocket costs as well as the ease of dealing with the medical billing system. They also appreciated the ability to budget unexpected medical costs, especially during this unpredictable financial times.

Written by Sam Tabes

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