Medicare Supplement Coverage
Medicare supplement insurance, also known as Medigap, is a private health insurance designed to supplement Original Medicare by covering some of the costs that Medicare doesn't cover, such as copayments and deductibles. It comes in ten standardized plans and is sold by private insurance companies. To be eligible, you must be enrolled in Original Medicare and be at least 65 years old or have a qualifying disability. Medigap plans usually come with a monthly premium in addition to the premium paid for Medicare Part B.
Important things to know about Medicare Supplement Coverage:
No Networks - Freedom to choose your own doctors and hospitals and no referrals required to see a specialist.
Low Out-of-Pocket - Predictable out-of-pocket expenses for Medicare-covered services.
No RX Coverage - You need to select a Medicare Part D plan to use in with Medicare Supplement Coverage. Learn More HERE.
Guaranteed renew-ability – the insurance company can never drop you or change your coverage due to a health condition
Making Medicare simple is what Medigap insurance is all about. This private health insurance is designed to supplement Original Medicare by covering some of the costs that Medicare doesn't cover, such as copayments and deductibles. With ten standardized plans available, Medigap insurance can be tailored to fit your individual needs, making it easy to understand and use. It differs from Medicare Advantage Plans which we’ve covered HERE. By contacting an agent, you can get personalized advice and guidance to help you choose the right plan for your healthcare needs. With Medigap insurance, you can simplify your Medicare coverage and enjoy greater peace of mind knowing that you're fully covered. Contact an agent today to learn more!
