If you see or hear a reference to Medigap or Med Supp, these nicknames refer to Medicare Supplement insurance.
Private companies sell Medicare Supplement policies to fill gaps in Original Medicare coverage.
While Medicare Supplement plan details are the same regardless of the insurer, plan premiums vary by company, plan type and location.
Medicare Supplement FAQ’s
Be aware that under federal law, Medigap policy insurers can refuse to cover your prior medical conditions for the first six months. A prior or pre-existing condition is a condition or illness you were diagnosed with or were treated for before new health...read more
You should think about your monthly budget, expenses, and health care needs when considering if a Medigap is the right choice for you.When you are speaking to insurance representatives about Medigap policies, here are some questions to keep in mind:Am I...read more
Medigaps pay after Original Medicare for some or all of the costs that Original Medicare does not pay. If you have Original Medicare and a Medigap, and you receive a Medicare-covered service, Medicare pays first and the Medigap pays second.Let’s say you...read more
Medicare SELECT is a type of Medigap policy offered by some insurers in some states. A Medicare SELECT policy may require that you use hospitals, and in some specific circumstances, doctors within its network in order to receive for full benefits.If you...read more
Massachusetts, Minnesota, and Wisconsin have different ways of standardizing Medigap policies that were in effect before the federal standardization system began. Benefits and plans are different than those covered in this document. In general, these three...read more
Medicare Savings Programs and Medicaid are assistance programs that help you with your health care costs. MSPs pay for your Part B premium and Medicaid pays for some of your health care costs after Medicare and any other insurance has paid. In general, it...read more
As a result of federal legistlation, individuals who are newly eligible for Medicare on or after January 1, 2020 will not be able to purchase Medigap Plan C or Plan F (including the Plan F high deductible option). This is because after January 1, 2020,...read more