Compared to plans that have been in the market for years, Forethought Medicare supplemental plans are relatively new. Do not let the age of the company fool you; Forethought Medicare supplemental plans give great, competitive rates to seniors.
Forethought Medicare Supplemental Rates
Many new insurance companies provide the lowest available rates to grab as much market share as possible. This is what happened with Forethought Medicare supplemental plans. Factors such as age, health, and location determine rates. If you are recently 65 or newly enrolled in Medicare Part B, you get six months to enroll in a Medicare supplement. During this six month period, you can enroll with no medical underwriting. For example, if you have a chronic illness or if you are a smoker, this is your opportunity to get a very low rate. The only way to know what your exact rate will be is to get a set of custom quotes. You can do that for free by filling out the form on the side of this page, or get your Medicare supplement quotes here.
Forethought Medicare Supplemental Coverage
Federal order determines the coverage of any Forethought Medicare supplemental plan. The coverage varies for each of the ten different plans available. The different plans can cover all the gaps in Medicare or cover just a few of those gaps. Each plan has its merits based off what you need and what fits into your budget. You can learn more about the different Medicare supplemental plans here. Remember, no matter which Medicare supplemental plan you choose, your coverage will be the same across all the different companies. To learn more about the different Medicare supplemental companies click here.
A Forethought Medicare supplemental plan works with your Medicare insurance. You will not have to worry if a healthcare provider accepts a Forethought Medicare supplemental plan. Anywhere that accepts Medicare accepts these plans. This is not the case with a Medicare advantage plan which works directly with a single private insurer to provide all your Medicare coverage. Medicare Advantage plans basically replace your standard Medicare coverage with a private plan. Guaranteed acceptance is one of the many reasons people choose to go with a Forethought Medicare supplemental plan instead of a Medicare Advantage plan. You can learn more about Medicare Advantage here.