The 411 Behind Medigap as a Medicare Supplement Plan

The 411 Behind Medigap as a Medicare Supplement Plan

Bridge policy coverage gaps by understanding Medigap 

Medigap explained

To begin, consider the reality that roughly 45 million individuals are currently enrolled in Medicare. These individuals are typically over the age of 65, and nearly every one of them is aware of what this plan has to offer them. It is true that Medicare, as it is designed, only provides coverage for certain vital services. As such, the policies will not cover every medical related expense that a senior incurs. Because of this, certain Medicare supplement plans have been developed that help the insured to bridge these gaps in coverage, but they can often be quite difficult to understand. This is compounded by the number of options that are currently available. Let us help clear up these muddy waters by explaining Medigap in a bit more detail

Deductibes and co-pays

In a nutshell, these plans are designed to help seniors pay for medical expenses not covered under Medicare itself. Medigap, for example, can help cover the costs of deductibles and co-pays. There are also health care costs incurred outside of the United States that will be covered by Medigap. In fact, you can often use this plan to pay for hospital and skilled nursing costs that are no longer covered under Medicare because you have exceeded that plan’s maximum benefit. 


If you are enrolled in a Medicare supplement policy, you will need to pay some type of premium every month. This will give you the added benefit of having your out of pocket medical expenses covered for certain services, such as visiting a doctor. You will need to be a subscriber to either Medicare Part A or Part B to become eligible for Medigap. Being enrolled in Medicare Advantage, otherwise known as Medicare Part C, will not permit you to subscribe to a Medical supplement plan. 

Medigap does not cover everything

If you are enrolled in Medigap, you will still not be covered for dental or vision, nor will you receive coverage for hearing aids or eye glasses. Long term care and private nursing coverages are also not provided under Medigap, nor is prescription drug coverage. Consider enrolling in Medicare Part D if you need prescription drug coverage. There are ten plans to choose from with regards to Medigap, so make sure that you compare them and choose the one that is best suited to your medical situation and your budget. 


Contact Best Insurance today so that a professional insurance agent can help you with Medigap insurance.