Original Medicare covers many different health services, but it does not always cover them 100%. This is where Medicare Supplement Plans, also called Medigap Policies, come in. These plans help reduce out-of-pocket expenses associated with Original Medicare. Relatively recent legislation has affected which policies insurance companies can offer. Learn more
Medicare Supplement plans, also known as Medigap, help to cover the costs left over after Medicare pays its share. Medicare covers around 80 percent of expenses for hospital and medical care. You are still responsible for the Part A and Part B deductibles, premiums, copayments, and coinsurance. Medigap plans cover
What Is A High Deductible Supplement Plan? If you know anything about Medicare healthcare and supplement plans already, you will likely be aware of the conditions that come with the insurance coverage. Any eligible expense that you face can be paid in part by your Medicare coverage and insurance –
Medicare Supplements Explained When you first become eligible and sign up to join Medicare, most beneficiaries will also consider and look at the potential Medicare Supplements available to them for additional financial support. Medicare supplement insurance, also known as Medigap, is designed to fill the gaps through additional policies and
What Support Does Medicare Offer – and What Doesn’t It Cover? Medicare is a healthcare insurance system that seeks to provide financial support to those most in need of it. Through a series of plans and packages, Medicare offers beneficiaries different levels of cover depending on the financial obligations they
Medicare Supplements (Medigap) are additional insurance plans that fill in the coverage gaps left behind by Original Medicare. The rates tend to go up over time, which can be a huge pain point for many seniors. When you’re turning 65 or initially retiring, you may think that a Medigap plan
