What is this?
Medigap
Medicare Supplement plans work alongside Original Medicare to help cover many of the healthcare costs that Medicare does not cover. Medigap plans are standardized by the government, which means that regardless of the insurance company you choose, the benefits remain the same. To purchase Medicare Supplement Insurance, you generally need t
Medicare Supplement plans work alongside Original Medicare to help cover many of the healthcare costs that Medicare does not cover. Medigap plans are standardized by the government, which means that regardless of the insurance company you choose, the benefits remain the same. To purchase Medicare Supplement Insurance, you generally need to have both Part A and Part B. With Medigap, you pay a monthly premium to a private insurance company in addition to the monthly Part B premium you pay to Medicare.
Understanding SOME of your cost!
Monthly Premiums
Monthly Premiums
Monthly Premiums
Medicare Supplement plans, often referred to as Medigap, come with a monthly premium that tends to increase over time. This premium is in addition to any Part B premium you are already paying. It's also important to note that while Medicare Supplement plans help with various healthcare costs, they do not cover prescription drugs. To address this, you will need to consider adding a standalone Part D plan.
Cost Share
Monthly Premiums
Monthly Premiums
Original Medicare does not cover all healthcare costs associated with covered health care services and supplies. Medicare Supplement plans, also known as Medigap plans, can assist in paying some of the remaining healthcare costs for these covered services and supplies, including copays, coinsurance, and deductibles.