Medicare Supplement
Medicare Supplement Insurance also known as Medigap helps members helps members with paying for costs associated with healthcare that are not covered by Original Medicare, these include:
- Coinsurance
- Deductible
- Copayments
Medigap Policy is not the same as a Medicare Advantage Plan. While Medicare Advantage Plans are a way to get Medicare benefits, Medigap or Supplemental Insurance Plans only supplements Original Medicare benefits.
Here are some things to keep in mind about Medigap Policies
- You must have Medicare Part A and Part B
- Medigap Policies DO NOT cover long term care, vision or dental
- Medigap Policies come with a monthly premium that you must pay in addition to your Part B premium