What Is a Medicare Supplement Plan? (Medigap)
A Medicare Supplement plan also known as a Medigap policy, is designed to help pay for some of the costs that original Medicare does not cover. Medicare supplement plans are offered by private insurance companies and available to individuals who are eligible for Medicare. A Medicare supplement plan will help limit out-of-pocket medical expenses such as copayments, coinsurance and deductibles. Medicare supplement plans are secondary to Original Medicare while Medicare Advantage Plans are primary to Original Medicare. For…
