Medicare Supplements, also known as Medigap policies, are sold by private insurance companies to help you cover the out-of-pocket costs left behind by Medicare. When you have a Medigap policy, Medicare pays up to its limit on your medical expenses. Then, your Medicare Supplement plan with then kick in up to its limit. That limit usually is able to pay off the remainder. However, that will depend on which policy you select.
Every company has to follow the standardized guidelines set by Medicare. The Medigap plans are Plan A, B, C, D, F, G, K, L, M, and N. No matter which company you purchase your Medigap plan from, their plans feature the same set of benefits.The monthly premium will be the only difference.
Things that are not covered by Original Medicare or your Medicare Supplement:
Medicare Supplements, also known as Medigap policies, are sold by private insurance companies to help you cover the out-of-pocket costs left behind by Medicare. When you have a Medigap policy, Medicare pays up to its limit on your medical expenses. Then, your Medicare Supplement plan with then kick in up to its limit. That limit usually is able to pay off the remainder. However, that will depend on which policy you select.
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