What is Medigap (Medicare Supplement) Insurance?
Medigap (Medicare Supplement) is supplemental Medicare insurance sold by a private company. These policies are designed to cover the “gaps” in the original Medicare Plan by paying some of the items that Medicare does not cover. Medigap insurance may cover co-payments and deductibles for medical and hospital expenses. Click here for your FREE QUOTE! Medicare Supplement insurance may also cover certain thing that Medicare does not cover. Medicare will pay its share of the Medicare-approved amounts for covered health care costs. Then your Medigap policy pays its share. Every Medigap policy must follow Federal and state laws designed to protect you, and it must be clearly identified as “Medicare Supplement Insurance.” Medigap insurance companies can only sell you a “standardized” Medigap policy identified by letters A through L. Usually you can only buy a Medigap policy if you already have Medicare Part A and B. In some states, you may be able to buy another type of Medigap policy called M