Medicare Supplement plans are for those that are enrolled in Original Medicare. They are not available for those who are enrolled in Medicare Advantage.
There are many different types of plans available. They vary in their inclusion, but all have the same purpose. Medicare Supplemental Insurance exists to lower bills and reduces the beneficiary’s financial responsibility.
Some Medigap policies cover a portion of deductibles or coinsurance, which can significantly lower medical bills. Other policies include an out-of-pocket limit, which is helpful for those that utilize financial planning.
By seeing what areas of your bill are typically highest, you can make an accurate guess as to what coverage you’ll want in the future. If your goal is to reduce your deductibles but you don’t travel often, you might want to select a plan with a portion of the deductible covered that doesn’t include foreign travel exchange.
We are not connected with or endorsed by the United States government or the federal Medicare program. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.
