What is Medicare Supplement Insurance?
Medicare supplement insurance, otherwise known as Medigap, is an insurance plan that covers your health care expenses that Medicare doesn’t cover. That includes copayments, deductibles, and coinsurance. Some Medigap insurance plans may cover medical care when traveling outside the U.S., which is not covered by Medicare as well.
If you have both Medicare and Medigap policies, Medicare will pay the share of the covered amount of the health care bill. Then, Medigap will cover its share.
A Medigap policy differs from Medicare Advantage Plan. Medicare Advantage Plan offers ways in getting Medicare benefits. Meanwhile, Medigap policies supplement the original Medicare.
Important Things to Know About Medicare Supplement Coverage
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Medicare Supplement Insurance
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