MEDICARE SUPPLEMENTS

Medicare Supplement (Medigap) plans pair with Original Medicare (Parts A and B) to cover its remaining costs. There are 12 Medicare Supplement options, and each has the same benefits across carriers. The government standardizes each plan. Yet, it’s crucial to explore the options available in your area because prices for the same plan may vary by carrier, even though the benefits won’t.

A Medigap plan comes with a monthly premium. Beneficiaries must pay their Medigap premium in addition to their Part B premium every month. The cost may make some people hesitant to sign up for a policy, but they ultimately help you predict your annual health care spending, allowing you to save money in the long run. With Medigap, you aren’t restricted by a doctor network, so you have coverage for visits to most practitioners in the United States.

Each Medicare Supplement plan offers a specific level of coverage, with the more comprehensive plans tending to cost more. When you become familiar with your Medicare Supplement options, finding the plan that fits your health and budget needs becomes simple.