Medicare Supplemental
Medicare supplement insurance plans, offered by private insurance companies, help pay some of the out-of-pocket costs that Original Medicare (which includes Part A and Part B) doesn't pay. Medicare supplement plans are also known as Medigap plans.
Types of Medicare Supplement plans
In most states, policies are standardized into plans named A–N. All plans cover the same basic benefits, but each plan offers a set of additional benefits to make it unique.
For example: one plan might cover skilled nursing facilities but not the Part B deductible. Another plan may cover the Part B deductible but not Part B excess charges.
Also, some plans may charge higher premiums with lower out-of-pocket costs. Other plans may offer lower premiums but higher out-of-pocket costs.
For example: one plan might cover skilled nursing facilities but not the Part B deductible. Another plan may cover the Part B deductible but not Part B excess charges.
Also, some plans may charge higher premiums with lower out-of-pocket costs. Other plans may offer lower premiums but higher out-of-pocket costs.
Does a Medicare supplement insurance plan replace Original Medicare Part A and Part B?
No. A Medicare supplement insurance plan works with Original Medicare, which includes Part A and Part B. It helps cover some of the out-of-pocket health care costs that Original Medicare doesn’t pay for. For instance, Medicare Part B generally covers about 80% of Part B expenses. You’re responsible for paying the rest. A Medicare supplement insurance plan could help pay your share.
Don’t just settle for any Medicare plan
