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MEDICARE SUPPLEMENTS

Medigap or Medicare Supplements

A Medigap policy is health insurance sold by private insurance companies to fill the “gaps” in Original Medicare Plan coverage. Medigap policies help pay some of the health care costs that the Original Medicare Plan doesn’t cover. If you are in the Original Medicare Plan and have a Medigap policy, then Medicare and your Medigap policy will pay both their shares of covered health care costs.

Generally, when you buy a Medigap policy you must have Medicare Part A and Part B. You will have to pay the monthly Medicare Part B premium. In addition, you will have to pay a premium to the Medigap insurance company.

You and your spouse must each buy separate Medigap policies. Your Medigap policy won’t cover any health care costs for your spouse.

Social Security provides the bulk of most retirees' income and Medicare guarantees them affordable health insurance.  Few people know what Medicare covers and what it doesn't, what it costs, and when to sign up.  Nor do they understand which parts of Medicare are provided by the government and how these work with private insurance plans -- Medicare Advantage (MA), Prescription Drug Plan (PDP), and Medicare Supplemental (Medigap) plans.

Do you understand Medicare parts A, B, C, D?  Which Part D drug plan is right and how do you decide?  Which is better, Medigap or Medicare Advantage?  What do you do if Medicare denies payment for a procedure that your doctor says you need?  How do you navigate the appeals process for denied claims?  If you're still working or have a retiree health plan, how do these benefits work with Medicare?  Do you know about the annual enrollment period for Medicare, or about lifetime penalties for late enrollment, or any number of key Medicare rules?  This is our expertise and where we can help.

Please call us so one of our agents can go over your various options with a Medicare Advantage, Medicare Supplement, or Medicare Prescription Drug plan at 808-792-5194.