Why Is Medicare Supplement Insurance Important?
Understanding how Medicare Supplement Insurance can help is something we’re here to help with.

By: Eric, Licensed Life & Health Insurance Agent

October 15, 2021,

2 minutes read

Why Is Medicare Supplement Insurance Important? [2021 Guide]

Simply put, insurance is something that can help protect you and your loved one’s interests so you can have the financial support you and your family need when things are difficult in life.  If you are wondering ‘’why is medicare supplement insurance important, this post may help provide some perspective with a real life example. 

First off, as you age, and become eligible for federal government funded health insurance – otherwise known as Medicare – you may need to still supplement that coverage with a private health insurance, because Medicare won’t cover a lot of things, and if you experience health related issues, you could be stuck with some pretty big bills.  Medicare Supplement Insurance is a product that can help you pay for the things that Original Medicare (Parts A and B) do not typically pay for.  

I learned this from first-hand experience.  In 2013, my father was hospitalized for 112 days, and his hospital bill was over $3,000,000.  Yes, you heard me right.  So, why is medicare supplement insurance important in this case? Well, luckily, he had a Medicare Supplement Insurance policy and only owed a few thousand dollars out of pocket.  If not, then he would’ve been in awful financial trouble, struggling to pay the hospital and other medical bills, and then likely would’ve been in financial ruin.  But he got lucky when it came to understanding that a supplemental medicare policy was important to get.  And he made sure obtained the right policy but it wasn’t easy to navigate. 

Understanding how Medicare Supplement Insurance can help is something we’re here to help with.  


At Policy Solver, we have knowledgeable, licensed agents, and are here to help you navigate through your medicare supplement journey.  We are a team of professional insurance policy brokers and we can save you time and money, while finding the right policy for your specific needs.

Call us or fill out a contact form, and we will get back to you soon!