The world of healthcare has experienced monumental change since the advent of Medicare in 1965. As such, people are getting less and less of the coverage they need. To counteract the changes in Medicare, the government implemented Medicare supplement plans in the 1990s.

These Medicare supplement plans (also known as Medigap) help to take care of health-related expenses not covered by Medicare. However, these plans have also spent their time in the medical industry and not changed with the times…. Hence, change is arriving soon!

In June of 2010, the government will be eliminating duplicate coverage by discontinuing four of the 12 Medigap plans, remodeling some of the other plans, and implementing two new plans that have lower premium payments and different benefits. The details of the changes are not of utmost importance; however, you need to understand what is happening and how it will affect YOUR supplemental insurance.

Medicare supplemental insurance companies and the government are strategizing to inform the public and ensure that it is prepared for the changes to come. However, you should be proactive and start your research now so that you are not surprised by these imminent changes.

When researching, focus on the plan that you have and figure out what (if anything) is changing concerning your plan and others. You can find a bevy of information online that can be exceedingly helpful in your quest for insurance coverage.

You may also contact a provider about the imminent changes coming to Medicare supplements and how those changes may affect you. Be sure that you will be able to receive the coverage that you need and desire.

After the Medicare supplement changes go into effect, people with discontinued policies will likely pay higher premiums and risk the inability to change plans if they fail to act quickly.

As with most life occurances, it is best to be prepared. Be prepared for these changes in Medigap coverage to ensure your future health, wealth, and life.

Although you may not think that these changes are a big deal, you should still consider your current coverage and be alert of how the changes to occur will affect it. Whether you are just entering the Medicare market or have been in it for years, you should choose your supplemental plan with care and be sure to get the necessary coverage after these changes occur.