Combined Insurance Marks Anniversary of Medicare Law

By a News Reporter-Staff News Editor at Managed Care Weekly Digest -- Medicare was signed into law by President Lyndon Johnson on July 30, 1965. Combined Insurance, a leading provider of individual supplemental accident, disability, health, and life insurance products, and a Chubb company, is encouraging seniors to mark the 51(st) anniversary of this historic date by taking time out to determine if they are prepared to face an unexpected illness or injury with Medicare alone (see also Insurance Companies).

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Medicare benefit payments totaled $632 billion in 2015, according to the Congressional Budget Office, but even with Medicare, consumers may be surprised by the bills following treatment for illness or injury.That is a reason why people approaching retirement might consider Medicare Supplement insurance. A good Medicare Supplement insurance policy can help patients cover some of the costs associated with medical treatment .

"Before purchasing a Medicare Supplement policy consumers need to do their homework," says Kevin Murray, Vice President of Alternative Affinity Markets at Combined Insurance. "They should check out the 2016 Medicare and You guide published by the Centers for Medicare and Medicaid Services to find the latest updates to the Medicare program, and they should research insurance companies."

Keywords for this news article include: Medicare, Health Policy, Combined Insurance, Insurance Companies.

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