What are the five important things you should know about Medigap?

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Home Spraytan Forums Money, Insurance, Accounting & Property What are the five important things you should know about Medigap?

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    Richard
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    You will need both Medicare Part A and Part B.

    When compared to a Medicare Advantage Plan, Medigap coverage is quite distinct. While a Medigap policy can supplement your Original Medicare benefits, those other plans are simply another means to acquire Medicare benefits.

    You will pay a monthly payment to a private insurance firm for your Medigap policy. This monthly fee is in addition to your Medicare Part B premium.

    You can only get Medigap coverage for yourself. You and your spouse must purchase two separate policies if you want Medigap coverage.

    Any insurance provider authorized to do business in your state will sell you Medicare supplemental insurance coverage.

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