Medicare Supplement Insurance plans, also known as Medigap plans, are a type of health insurance plan that helps to cover the costs of medical care that are not covered by Original Medicare. These plans are designed to help individuals cover the out-of-pocket costs associated with Original Medicare, such as copayments, coinsurance, and deductibles.
Individuals who are already enrolled in Original Medicare Part A & B are eligible to enroll in a Medicare Supplement Insurance plan. However, it is important to note that not all Medicare Supplement Insurance plans are available in all states. In addition, some plans may not be available to individuals under the age of 65.
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Medicare Supplement Insurance plans can help to cover the costs of services such as hospital care, doctor visits, and outpatient care. These plans can also help to cover the costs of certain durable medical equipment, laboratory tests, and prescription drugs. In addition, many plans will cover the cost of skilled nursing facility care, as well as preventive care services such as flu shots and screenings.
Medicare Supplement Insurance plans can help to provide individuals with peace of mind that their medical costs are covered. These plans can help to cover the costs of services that are not covered by Original Medicare, as well as reduce the amount of paperwork and provide individuals with greater flexibility in terms of their choice of providers. For individuals who are already enrolled in Original Medicare, a Medicare Supplement Insurance plan can be a great way to help cover the costs of medical care.