A Medicare Supplement is a private insurance policy that covers the gaps (therefore MediGap) not paid for by the original Medicare. A Medicare Supplement plan typically pays directly to the healthcare provider. You pay a premium to the Insurance Company.
Medicare Supplements are standardized and regulated by Federal and State Laws. To be eligible for the various available MediGap plans, you must be enrolled in Medicare Parts A & B. It is illegal to be enrolled in a Medicare Supplement (MediGap) and a Medicare Advantage Plan at the same time.
Medicare Supplements are extremely flexible and allow consumers to use any physician who both accepts Medicare and is accepting new patients. Premiums vary based on the Insurance company and plan selected.
If you have questions, schedule 15 minutes on my calendar to find out if a Medicare Supplement is right for you!