Cutting Out Uncovered Medical Expenses
Although Medicare has proven to be a valuable service especially in terms of assisting in medical related expenses and has become an integral element in health planning for senior citizens, the fact remains that it was not designed as a one stop medical requirement coverage. Taking into account the rising healthcare costs, the number of expenses that are not shouldered by Medicare like outpatient hospital services, deductibles, physician’s professional fees and co-insurances are but some of the increasing expenses that a patient has to shoulder himself. Unless a patient is equipped with supplemental coverages for health insurance, the only place this payment is coming from would be from the patient’s pocket.
For this reason, the AFL-CIO was established for the welfare and interest of the retired worker’s groups for providing affordable insurance coverage in terms of Retiree Health which is described as a supplemental coverage of Medicare.