Is it possible to hold both Medicare supplement plan and Medicare Advantage plan?

As much as many people would want to be enrolled in different Medicare plans for various reasons, it is impossible to hold two Medicare supplement plans at a go. However, let’s have a look at the reasons behind why people would want to be enrolled in more than one Medicare plan. Have you ever been so cautious about what might happen to your health during the different ages of your life? If yes, then we can conclude that people would want to take more health insurance covers simple because they want total coverage as far as the need to remain healthy is concerned.

medicare supplement plans for 2019It is not possible to enroll in both supplementary and advantage Medicare plans simple because of a number of reasons. The first reason why you are not and will not be allowed to enroll in these two plans is due to the fact that most of the gaps covered by the Medicare supplementary are also covered by the advantage plan. What will happen if you enroll in both plans? Firstly, it will be like contributing monthly premiums to a single service costs or benefits which are offered by different firms.

 

 

On the other hand, benefits can only be accrued from one insurer and no from the two plans because the two plans are closely related. In enrolling in both plans, you will be contributing twice and benefiting once both in short and in the long run. Medicare Supplement Plans in 2019 can be found at http://www.medigapplansguide.com/.

Secondly, despite the fact that both plans cover the same gaps in health care services, there is no point in time when one will cover the cost of the other. Unless it has been stated that it is a coinsurance, you will not be allowed to take both the plans at the same time. On the other hand, also, most of the Medicare policies does not allow one to take more than two plans from the same plan. The platform is Medicare and the two different plans are the advantage and the supplementary plans.

If you have been thinking of taking two Medicare plans, then you are now aware of the fact that you will be forced to hold on one Medicare plan or drop both. Of course, you would not want to drop one or both plan simply because you cannot have them both. With that idea, you are now in a position to tell if you will be allowed to take more than two Medicare plans or not.