What's Medicare Supplement Insurance (Medigap)? - PowerPoint PPT Presentation

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What's Medicare Supplement Insurance (Medigap)?

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Medigap is the best medicare supplement plan that helps fill "gaps" in Original Medicare and is sold by private companies. Original Medicare pays for much, but not all, of the cost for covered health care services and supplies. Medigap plans sold to people new to Medicare can no longer cover the Part B deductible. If you decide to drop your entire Medigap policy, you need to be careful about the timing. To know more visit here – PowerPoint PPT presentation

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Title: What's Medicare Supplement Insurance (Medigap)?


1
What's Medicare Supplement Insurance
(Medigap)? Medigap is the best medicare
supplement plan that helps fill "gaps" in
Original Medicare and is sold by private
companies. Original Medicare pays for much, but
not all, of the cost for covered health care
services and supplies. 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. Source- medicare.gov
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