What are Medicare Supplement plans?
Medicare parts A & B pay for certain expenses with deductibles and limits on payments. Medicare Supplement plans, or Medigap, pay for costs that are not covered by Medicare. There are several standardized plans, which are identical between companies. The most generous plan, which covers all expenses outside of Medicare, has the highest premium. There are other plans that offer lower premiums with copays and lesser coverage. The Medicare agency has standardized plan information.
