If you are eligible for Medicare and concerned about paying for the costs that Medicare does not cover, like copayments, coinsurance, and deductibles, a Medicare Supplement Insurance Plan (or Medigap) policy may help.
A Medicare Supplement Insurance Plan (Medigap) policy, sold by private companies, can help pay some of the health care costs that Original Medicare does not cover, like copayments, coinsurance, and deductibles.
Some Medicare Supplement Insurance Plan policies also offer coverage for services that Original Medicare does not cover, like medical care when you travel outside the U.S. If you have Original Medicare and you buy a Medicare Supplement Insurance policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Then your Medicare Supplement Insurance policy pays its share.
A Medicare Supplement Insurance Plan policy is different from a Medicare Advantage Plan. Those plans are ways to get Medicare benefits, while a Medicare Supplement Insurance policy only supplements your Original Medicare benefits.
If you are eligible for Medicare and concerned about paying for the costs that Medicare does not cover, like copayments, coinsurance, and deductibles, a Medicare Supplement Insurance Plan (or Medigap) policy may help. For more information about what could be covered in your specific situation, contact BK Insurance Services.