According to the U.S. Census Bureau, the projected population of 65+seniors will increase by 147% between 2000 and 2050. The Centers for Medicare and Medicaid Services (CMS) has reported that per person health spending will increase by $5,210 between 2006 and 2015. With the increasing senior population and rising costs of medical care, it is more important than ever for senior citizens to know Medigap policies and understand what each policy covers.

In an effort to explain the many options of Medigap, which is also known as Medicare Supplement Insurance, the Society for Certified Senior Advisors (SCSA) has created several useful handouts about Medigap insurance plans. These comprehensive handouts topics cover:

• Steps to Buying Medigap Policy- 4 active steps on how to get Medigap insurance and where to look.
• What Medigap Plans A through L Cover- a list of what each plan covers.
• How Insurance Companies Set Prices for Medigap Policies- the way Medigap is “rated” and how it affects the senior.
• Questions to Ask Insurance Companies that Sell Medigap Policies- things to look for when speaking with different insurance companies.
• Buying a Medigap Policy- illegal practices to look for when purchasing Medigap

Each handout is designed to clarify frequent questions surrounding Medigap senior insurance. SCSA offers these handouts to their Certified Senior Advisors as a useful guide to give to their senior clients in order to simplify common Medigap questions. These handouts are a part of SCSA’s monthly information program to help clarify the concerns of seniors and their age-related circumstances.

ABOUT SCSA. SCSA was established in 1997 to enhance education and standards among professionals working with senior citizens. SCSA’s mission is to educate professionals to work more effectively with their senior clients. We believe that the right kind of planning, recommendations and referrals can make aging a state to be savored instead of a fate to fear. For those who work with seniors, this means understanding the key health, social and financial factors that are important to seniors—and how these factors work together. CSAs are able to integrate this into their professional practices, no matter what field they’re in. They’ve learned how incredibly gratifying it is to help seniors achieve their goals, and the seniors they’ve worked with have learned how important it is to work with someone who truly understands their age-related circumstances.