Understanding Medicare Supplement Insurance
Help Cover Some of the Costs Original Medicare Doesn’t Pay
Medicare Supplement Insurance, also known as Medigap, is designed to help pay certain out-of-pocket costs that Original Medicare does not cover, such as deductibles, copayments, and coinsurance. Plans are sold by private insurance companies and standardized by plan letter in most states, although costs can vary by company and location.
What Should You Consider When Comparing Medicare Supplement Plans?
- Which plan benefits fit your needs
- Monthly premium
- How rates may change over time
- Whether you’re in your Medigap Open Enrollment Period
- Prescription drug coverage, which requires a separate Part D plan
- Travel and provider flexibility
Help Cover Some of the Costs Original Medicare Doesn’t Pay
Medicare Supplement Insurance, also known as Medigap, is designed to help pay certain out-of-pocket costs that Original Medicare does not cover, such as deductibles, copayments, and coinsurance. Plans are sold by private insurance companies and standardized by plan letter in most states, although costs can vary by company and location.
What Should You Consider When Comparing Medicare Supplement Plans?
- Which plan benefits fit your needs
- Monthly premium
- How rates may change over time
- Whether you’re in your Medigap Open Enrollment Period
- Prescription drug coverage, which requires a separate Part D plan
- Travel and provider flexibility
Compare Medicare Supplement Options
Heartland Retirement Group Insurance works with multiple insurance carriers. An HRG agent can help you compare available Medicare Supplement options, benefits, and premiums based on your location and eligibility.
Questions About Medicare Supplement?
We can help you understand how Medigap works and compare the options available to you.