Medicare Supplement Plans

Medicare supplement plans, also known as Medigap. Plans are designed to cover some of the costs that original Medicare doesn’t. These costs include things like co-payments, co-insurance, and deductibles. Some Medigap plans also offer certain benefits that original Medicare doesn’t like emergency foreign travel expenses. Medigap plans don’t cover your costs under other health plans, including Medicare Advantage plans, but only the costs that original Medicare doesn’t cover. Here’s how it works. If you have original Medicare and a Medigap policy, Medicare will pay its share of the Medicare approved amount for a covered service. Then your Medigap policy pays its share, but Medicare doesn’t pay any of the costs of purchasing the policy. Medigap plans differ from Medicare Advantage plans in an important way. Medicare Advantage plans are just an alternative way to get your Medicare plan A and B benefits. Medigap plans are solely designed to cover costs that original Medicare doesn’t cover.