Pennsylvania Health Insurance

MEDICARE SUPPLEMENT INSURANCE PLANS


(also called “Medigap”) is private health insurance designed to supplement original Medicare. This means it helps pay some of the health care costs (“gaps”) that original Medicare doesn’t cover (such as co-payments, co-insurance and deductibles).
 

Medicare supplemental insurance plans may also cover certain things that Medicare doesn’t. If you are in original Medicare and you have a Medicare supplemental insurance plan, Medicare will pay its share of the Medicare-approved amounts for covered health care costs. Then your Medicare supplemental insurance plan pays its share.
 

Every Medicare supplemental insurance plan must follow federal and state laws designed to protect you. Medicare supplement plan insurance companies can only sell you a “modernized” Medicare supplemental insurance plan identified by letters A through N. Each modernized Medicare supplemental insurance plan must offer the same basic benefits, no matter which insurance company sells it.
 

Cost is usually the only difference between Medicare supplemental insurance plans sold by different insurance companies.

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.

Medicare Supplement Plans

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Pennsylvania Health & Life Insurance Agency