Medigap Insurance

Supplements for Medicare – What are your choices?

With health care costs on the rise, many seniors are looking for the best add-on to their original Medicare. It’s no secret that Medicare insurance was only designed to provide basic health care benefits, therefore it only covers up to 80% of your medical expenses. In case of a serious illness or permanent health condition, […]

Overview of Medicare supplement plans in 2023

What Are Medicare Supplement Plans? Traditional Medicare (Part A and B) does not provide 100% coverage for medical expenses such as deductibles, co-payments, and co-insurance. Therefore supplement plans were designed to help pay the costs that Medicare does not cover. Supplement plans are also referred to as supplemental insurance, or Medigap. These policies are a […]

Medigap premiums in 2024

Medicare supplemental insurance plans, also called Medigap policies, labeled A, B, D, G, K, L, M, N, are in 20244 standardized and regulated by the government. This means the benefits for each plan with the same letter are identical, no matter which insurance company offers the policy. The different plans were created with the mindset […]

Medicare advantage vs supplement – Which is better?

Anybody with a Medicare plan will soon realize that Medicare only covers at most 80% of their health care costs. No wonder that most people add additional insurance to their plan. To cover the remaining 20% of your medical costs that are not paid by original Medicare, beneficiaries have two different options: Supplemental insurance, or […]

Can I keep my Medicare supplemental insurance if I move?

Yes, you can keep your current Medicare supplemental plan (Medigap policy) regardless of where you live in the US, as long as you are still in original Medicare and continue to pay your premiums. The states have different regulations when it comes to switching Medigap policies. You may call the State Health Insurance Assistance Program […]

Comparison chart of Medicare Supplement plans in 2024

Medigap plans are standardized supplemental plans for Medicare. The policies available are currently labeled A, B, D, G, K, L, M and N. Each plan offers different options to fill the ‘gaps’ left by original Medicare. Benefits vary from plan to plan. The plan policies are offered by private insurance companies that have to adhere […]