MEDICARE
Medicare Supplement (Medigap)
Medigap is private insurance used with Original Medicare to help pay certain deductibles, coinsurance and copayments.
How Medigap Works
Medigap policies are standardized by plan letter in most states. You generally keep Original Medicare for Part A and Part B and purchase a separate Part D plan if you want prescription drug coverage.
What to Consider Before You Choose
- Your one-time federal Medigap Open Enrollment Period begins when you are 65 or older and enrolled in Part B.
- After protected enrollment periods end, medical underwriting may apply in many situations unless you have another guaranteed-issue right.
- Compare carrier premiums and rate history because benefits for the same standardized plan letter are the same.
- Prescription drug coverage is separate from modern Medigap policies.
Who Often Considers Medigap
Medigap can fit people who value broad access to providers that accept Medicare and prefer more predictable cost sharing in exchange for an additional monthly premium.