Medicare Supplements
What Are Medicare Supplements?
Medicare Supplement Insurance (Medigap) is private insurance that covers out-of-pocket costs not paid by Original Medicare (Parts A and B), like copayments, coinsurance, and deductibles. These standardized plans, offered by private insurers, provide financial protection and peace of mind.
Our brokerage helps you choose the right Medigap plan for your healthcare needs and budget.
Benefits of Medigap
- Comprehensive Coverage: Covers hospital stays, doctor visits, and more.
- Flexibility: Use with any Medicare-accepting provider nationwide.
- Predictable Costs: Reduces unexpected healthcare expenses.
- Guaranteed Renewable: Non-cancelable due to health if premiums are paid.
Popular Medigap Plans
Medigap plans (A-N) offer varying coverage levels. Here are popular options:
Plan F
Covers all Part A and B deductibles, coinsurance, and excess charges. (Not available to new enrollees after Jan 1, 2020.)
Plan G
Like Plan F but excludes Part B deductible. Cost-effective and comprehensive.
Plan N
Lower premiums with copays for doctor and ER visits. Ideal for affordability.
Medigap vs. Medicare Advantage
Choosing between Medigap and Medicare Advantage depends on your needs and budget. Compare below:
| Feature | Medigap | Medicare Advantage |
|---|---|---|
| Coverage | Covers Original Medicare out-of-pocket costs. | Replaces Original Medicare; often includes Part D, extras like dental. |
| Provider Network | No network; use any Medicare provider. | Uses HMO or PPO network. |
| Cost | Higher premiums, lower out-of-pocket costs. | Lower premiums, possible copays/maximums. |
| Additional Benefits | Covers Medicare gaps; no extras like dental. | May include dental, vision, hearing. |
| Prescription Drugs | Needs separate Part D plan. | Often includes drug coverage (MAPD). |
| Flexibility | Great for travelers or provider choice. | Suits those okay with networks, seeking extras. |
Our brokers can help you decide between Medigap and Medicare Advantage based on your needs.
Explore Your Options
Our brokers will find a Medicare plan that fits your needs.
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