Medicare Supplement Insurance (or Medigap) is available to cover some of the health care costs that Original Medicare doesn’t cover, such as copayments and deductibles. It is important to remember that Medigap is not a substitute to Medicare like Medicare Advantage is considered, but a supplement to Original Medicare.
How does Medigap Work?
In order to qualify for Medigap, you must have Medicare Parts A and B (Part D is not covered). You can purchase a Medigap policy from a private health insurance provider where you will pay a monthly premium in addition to your Medicare Part B premium. You can purchase Medigap from any health insurance provider who is licensed in your state.
Common Medigap Questions
Can I join the Medigap program if I'm currently enrolled in a Medicare Advantage Plan?
You will only be able to join Medigap if your Medicare Advantage Plan ends before the Medigap policy begins.
Can I cover more than one person with my Medigap policy?
No. One Medigap policy may only apply to one individual.
Does my Medigap policy cover prescription drugs?
No. All Medigap policies created after 2006 no longer cover any prescription drug coverage.