Medicare Supplement (Medigap) Insurance Plans
Medicare Supplement, or Medigap, insurance plans fill in “gaps” in basic benefits left open by Original Medicare (Part A and Part B), such as deductibles, coinsurance, and co-payments. The biggest “gaps” most people are concerned about are Part A (hospital) deductibles and out-of-pocket costs as well as the 20% coinsurance Part B (medical) does not pay. Medigap insurance is offered as Plans A through N (not to be confused as Parts A, B, C, and D of Medicare).
Understanding Medigap Coverage
How We Help You Choose a Medigap Plan
- We walk you through what Medigap covers, what it doesn’t, and how to know if it’s the right fit for you.
- Review plan types and what each lettered plan covers
- Explain when and how to apply to avoid health questions
- Discuss how plans compare across carriers
- Help you understand out-of-pocket cost protections
- Coordinate drug coverage separately so you stay fully protected
Key Features of Medicare Supplement Plans
Here’s what makes Medigap a valuable choice for many:
- Must be enrolled in both parts of Original Medicare (Part A and Part B) and continue to pay your Part B premium.
- Pay a premium and you’re covered – the most benefit-rich plans have minimal out-of-pocket expenses and co-pays
- NO networks with freedom to go anywhere in the U.S. that takes Original Medicare.
- Does NOT include Part D Drug Coverage – we custom-tailor a standalone drug plan ensuring you don't overpay for your prescriptions
- No extras – dental and vision can be obtained with a standalone plan
- Health questions later – when outside of your open enrollment period (when you are new to Part B), carriers ask health questions and can decline you based on certain health history
- Change from supplement to supplement any month you choose as long as you are healthy enough to qualify
- Rates increase as you age
