Medicare Supplemental Insurance gives you better coverage

A Medicare Supplementary Plan is an insurance policy, also called Medigap which bridges the gap between the conventional Medicare coverage for Part A and Part B. This coverage helps to cover part of the expenses which the original medical plan does not have. If you have applied for the original Medicare plan and you have enrolled for a Medigap plan, Medicare and Medigap policy will separately pay for their share of the healthcare costs.

A Medigap plan must be clearly marked on the insurance cover and referred to as “Medicare Supplemental Insurance”. A plan from A to L consists of several additional and fundamental benefits.

Choose the right plan for you:

Comparing medical plans is a must, as the costs can vary. The benefit you will obtain from any Medicare insurance plan A to plan L is exactly the same thing for any provider or vendor. A Medicare Supplement Insurance Company decides which Medigap policies to support or sell.

The policies should comply with state and federal laws that protect you. To purchase a Medigap plan, you need Medicare Part A and Medicare Part B.

Purchase of a Medigap plan:

When purchasing Medicare Supplementary Insurance, you must first decide whether a Medigap plan is best for you to support the original Medicare coverage you have. Suppliers have set their monthly premiums. How companies set their prices depends on how much they will pay now and in the future.

Before you buy the policy, you should consider these factors. There are three ways a vendor determines their premium charge:

Attain-age rated: As a person gets older, the prices increase automatically.

Community-rated – Regardless of a person’s age, the cost of plan remains the same.

Issue/Age-rated – The fees refer to the age of the person at the time of purchase.

Types of policies:

There are twelve plans that help a person pay most of the expenses that the original Medicare plan does not cover. Supplemental plans marked A to L offer different benefits and fill gaps at different costs. There are insurers offering high options for deductibles –these are Medicare Supplementary Plans F and J.

As an insurance plan, Medigap is unique in that it provides additional security if your original Medicare plan is not enough to cover your medical expenses. There are cases where these costs can swell to a point that exceeds your expectations. With this supplemental plan you can be sure that you are insured for any expenses you have incurred for your medical care.

One of the biggest misconceptions concerns the “pre-approved” amount of Medicare.  Get a quote at

Medicare pays only 80 percent of a standardized amount for procedures. That does not stop doctors from demanding more; it only shifts the burden of payment on the patient. Doctors can continue to charge their regular fee, Medicare can continue to pay their standard payment and it is up to you to achieve those goals.

Getting the right information is critical to getting the most out of Medicare, and Medicare Supplement insurance is key to bridging the gaps in Medicare coverage.