Compare Medicare Supplement Plans and Rates in Your Area!

Enter Your ZipCode ...Get Your Free Medicare Supplement Quotes

What Is Medicare Supplemental Insurance

Medicare supplemental health insurance provides you with additional health insurance benefits which are not available through Medicare Part A or Part B. Some Medicare supplemental plans also referred to as Medigap insurance, will provide you with prescription coverage and preventative healthcare. Medicare supplemental health insurance plans can also cover your Medicare Part A deductible, extra days of hospital care, your Medicare co-payment amounts, skilled nursing and foreign travel emergency care.

Medicare Supplemental Health Insurance Overview

Medicare supplemental health insurance is a plan sold by private insurance companies to those eligible for Medicare as additional coverage for medical needs. These policies can be purchased directly from the insurance provider, which is bound by the federal and state laws governing health insurance. Before you sign up for any Medicare plan be sure to get all the Medicare health insurance plan information. You are required to pay a monthly premium directly to the insurance company, although assistance may be available below certain income levels. Medicare supplemental insurance is designed to help cover the "gaps" left by the standard government Medicare plan.

Because Medicare is a compromise between what is needed by the 65 or older population and what the government can afford to cover, there are gaps in coverage, such as coverage of prescription drugs, extended hospital stays, specialized in-home care, and coverage for travel abroad. Medicare Supplement, or Medigap, policies sold by private insurance companies are intended to fill those gaps in original Medicare coverage.

Four Things You Should to Know About Medicare Supplement Insurance

• In addition to following federal and state laws designed to protect you, every Medigap policy must be clearly identified as Medicare Supplement Insurance.
• Medicare Supplement Insurance companies can only sell you a standardized Medicare Supplement policy identified by letters A through N.
• Each standardized Medicare Supplement policy must offer the same basic benefits, no matter which insurance company sells it.
• Cost is usually the only difference between Medicare Supplement policies sold by different insurance companies.

*Remember to Compare Multiple Quotes for Maximum Savings!

Insuret.com ...We've got you covered!

Connect With Us: