Commonly called "Medigap", a Medicare Supplement Insurance helps fill “gaps” in Original Medicare and is sold by private companies. Why is it necessary if I have Medicare? Original Medicare pays approximately 80% of the cost for Medicare covered health care services and supplies. This leaves 20% to be paid by the patent. A Medicare Supplement Insurance (Medigap) policy can help pay some of the remaining health care costs, like:
Some Medigap policies also cover services that Original Medicare doesn’t cover, like medical care when you travel outside the U.S. If you have Original Medicare and you buy a Medigap policy, here’s what happens:
✔ Medicare will pay its share of the Medicare-approved amount for covered health care costs.
✔ Then, your Medigap policy pays its share.
✔ Medicare Coverage Outside the US may work differently.
✔ Medicare will not cover outside the US but your Medigap policy may.
A thorough review of what Original Medicare and a Medigap plan covers, their benefits and possible limitations
Determine if you are open to an HMO or do you require the ability to see any doctor of your choosing
Assure that your plan covers your medications at the lowest possible cost
Find plans that are accepted by your physicians.
Find plans that are accepted by the hospital of your choice.
© Joanna Gebhart Insurance Services - All Rights Reserved, We do not offer every plan in your area. Currently, we represent 8 organizations which offer 50 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options