Medicare Supplement Plan Options
Medicare Supplemental Insurance or Medigap is a type of health insurance for seniors designed to bridge the coverage gaps left by standard Medicare benefits. Offered by private insurance companies, it's a supplemental health insurance that works in addition to your Original Medicare Plan to pay for certain services not covered by Medicare. Most insurance companies sell "standardized" Medigap policies. Because of the standardization of Medigap plans, the greatest difference you're likely to find between any two insurance companies is price. Although Medigap policies are sold by private insurance companies, they are strictly regulated by federal and state law.
Before buying a senior supplemental health insurance policy, you must have Medicare Part A and B (there are rare exceptions to this rule). You will continue paying your Medicare Part B premium in addition to the premium for your Medigap policy. All new Medigap policies are guaranteed renewable, which means that your supplemental health insurance provider must provide coverage benefits as long as you continue to pay your premium.
Free quotes that allow you to compare plans and prices are now available through our web site, click here - or call us at 1-800-247-9889.
