4 Things You Should Consider Before Buying Medicare Supplemental Insurance

| September 16, 2019

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The older people become, the higher their health care costs climb. In fact, a Washington Post article reported that in just one year, seniors could withdraw as much as $3,789 each from their retirement savings and nest eggs to pay for medical bills. After retirement, many seniors rely on Medicare to provide health insurance coverage. However, it will not cover all the necessary medical expenses they may have. Because of this, many may choose to seek out Medicare supplemental insurance. Before you take the plunge, here are four things you need to consider first.

Spotlight

Howick Mutual Insurance Company

Howick Mutual Insurance is an Ontario Farm Mutual Insurance Company established in 1873. Howick Mutual and Grey & Bruce Mutual Insurance amalgamated in January 2014 and operated out of both Wroxeter and Hanover, Ontario until November 2018 when operations were moved to a central location outside of Wingham, Ontario. We are a locally owned and independently operated property and casualty insurer, governed by a Board of 9 Directors which are elected by our policyholders. We are a proud to be an “Ontario Mutual” company as we are owned by our policyholders, who are the most important aspect of our existence. We do not have shareholders.

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Spotlight

Howick Mutual Insurance Company

Howick Mutual Insurance is an Ontario Farm Mutual Insurance Company established in 1873. Howick Mutual and Grey & Bruce Mutual Insurance amalgamated in January 2014 and operated out of both Wroxeter and Hanover, Ontario until November 2018 when operations were moved to a central location outside of Wingham, Ontario. We are a locally owned and independently operated property and casualty insurer, governed by a Board of 9 Directors which are elected by our policyholders. We are a proud to be an “Ontario Mutual” company as we are owned by our policyholders, who are the most important aspect of our existence. We do not have shareholders.

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