Medicare Supplemental plans, also known as Medigap plans, are private insurance plans that can be purchased to supplement Original Medicare (Part A and Part B). These plans help cover the out-of-pocket costs, such as deductibles and copayments, that Original Medicare does not cover.
There are 10 standardized Medigap plans, labeled A through N, that are available in most states. Each plan has a different set of benefits, and the benefits offered by each plan are the same regardless of where the plan is purchased. However, the cost of the plan can vary depending on the insurer and the location.
Some Medigap plans also offer additional coverage for certain services that Original Medicare does not cover, such as medical care while traveling outside of the United States. These plans can be beneficial for people who have Original Medicare and want more comprehensive coverage. It’s important to note that Medigap plans do not cover prescription drugs and you’ll need to enroll in a Part D plan for that.
To be eligible for a Medigap plan, you must be enrolled in both Medicare Part A and Part B. Additionally, you can’t be enrolled in a Medicare Advantage plan if you want to purchase a Medigap plan.