Understanding and determining which insurance plan would be best for you can be quite tricky. This is because there are several options for insurance plans, and each has different terms regarding eligibility, services included, and costs. However, if you’re looking to learn more about Medicare Supplements, we at Generations Insurance are here to help!
Medigap helps complete the gap within Original Medicare and is offered by private insurance companies. As you might know, Original Medicare tends to pay for many services and supplies, but not everything. Therefore, having a Medicare Supplement Insurance policy by your side can help with some of the remaining costs, such as copayments, coinsurance, and deductibles.
Some Medicare Supplement policies tend to also cover services that Original Medicare does not cover. For instance, if you travel outside the United States, having Original Medicare and having a Medigap policy will result in Medicare paying its share of the Medicare-approved costs. After this, Medigap will also pay its share.
Here are a few facts you should be aware of regarding Medicare Supplements:
Not only does Medigap cover many costs that aren’t covered by Original Medicare, but another advantage of having a Medigap policy is that it will give you the flexibility and freedom of choosing any doctor or hospital that accepts Medicare.
If you’re still having any concerns or questions regarding Medicare and its policies, don’t hesitate to contact us! Give us a call, and our team of experts will guide you accordingly.
We are not connected with or endorsed by the United States government or the federal Medicare program.