Did you know that Medicare Supplements fill the “gaps” in Original Medicare Plan coverage, and help pay some of the health care costs that the Original Medicare Plan doesn’t cover?
Medicare Supplements, also known as Medigap Insurance, are regulated by the state and federal government, while other insurance products are governed only by the state. So before you buy Medigap Insurance, you should know what it can do for you.
The ABC of Medigap Insurance
- There are 12 standardized Medicare Supplement Plans (from A to L) that cover all the states in the U.S
- Each Letter Plan has a different set of basic and extra benefits
- All insurance companies must sell Plan A and B as a rule of law
- You can’t be charged differently from someone else in a particular state for a Medigap Insurance policy. If you pay X amount for Plan J in New York, everybody else would be paying exactly the same amount in New York, regardless of age or health condition
- Medicare Supplements do not cover for your spouse’s health care costs. You and your spouse must buy separate policies.
- If you are covered under a group health insurance plan, you don’t need to buy Medigap Insurance
- All plans may not be available in all areas, including the state where you live
Find out how we can help you with a Medigap Insurance plan that best covers your health care costs. Simply send us an email, simply fill out our no-obligation
Quote Form or call us now.
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