In selecting Texas Medicare insurance, it is important to use your head. If you do not, you can end up spending thousands of dollars every year for something that doesn't meet your needs and you could wind up stuck on the plan you choose. The first mistake to avoid is thinking that any insurance company's Texas Medicare supplements are any different than those offered by other companies. When you are looking for supplement insurance, you need to understand that the federal government regulates what coverage each supplement policy provides. So, if you purchase Medicare Supplement Plan F from "X" company, it is the same as the one offered by Company "Y" so now it becomes a game of price.

Don't make the mistake of thinking there is a single type of Texas Medicare insurance. Currently, the federal government authorizes ten different supplement policies also known as Texas Medigap Insurance. And all of them are available in the state of Texas. When you start looking for a supplement policy, you need to consider the differences between the different policies to find the one best suited for your needs. Supplement Plan A is the basic model. All of the other policies include what Plan A does, plus other items. The plans currently available include Plans A, B, C, D, F, G, K, L, M, and N. Each one provides a different mixture of coverage.

Another mistake to avoid is thinking your neighbor's Texas Medicare insurance will give you the coverage you need. One of the more popular supplement options is Plan F. It covers almost all the deductibles, coinsurance, and copayments that you end up dealing with on Medicare Parts A and B. But, if you have other insurance coverage, you may not need all the coverage provided by Plan F, for that matter you may not need Medigap coverage at all. Many retirees have some insurance from their former employers or through a retirement plan. Those plans may cover some of the out of pocket expenses not covered by Medicare. That means you can get away with another supplement policy. Yes, I know, very confusing.

One final mistake to avoid in selecting Texas Medicare insurance is trying to do it on your own. With ten different supplement plans and changing laws, the entire mess can be confusing on a good day. You can use the services of a good insurance broker to help you find the right policy for your needs. The broker keeps up on all the plans and related changes. The broker can review your current coverage and give you advice on which policy will best meet your needs. If you want to save money, use a broker.