What is Supplemental Medical Insurance?

Supplemental medical insurance, also called Medigap, is private health insurance that can help pay for out-of-pocket medical costs, such as deductibles, copayments, and coinsurance, that are not covered by Original Medicare.

Medigap policies are sold by private insurance companies and are not part of Original Medicare. They are designed to provide additional coverage to help people pay for the costs of medical care that are not covered by Original Medicare.

There are many different Medigap policies available, each with different benefits and costs. Some of the most common Medigap policies include:

* Plan A: This plan covers the Part A deductible, coinsurance, and hospital costs for up to 365 days.

* Plan B: This plan covers the Part A deductible and coinsurance, and also covers some Part B coinsurance and copayments.

* Plan C: This plan covers the Part A deductible and coinsurance, and also covers some Part B coinsurance and copayments, and some Medicare Part B excess charges.

* Plan D: This plan covers the Part A deductible and coinsurance, and also covers some Part B coinsurance and copayments, and some Medicare Part B excess charges, and also provides some limited prescription drug coverage.

Medigap policies can be a valuable way to help pay for out-of-pocket medical costs. However, it is important to carefully compare the benefits and costs of different Medigap policies before choosing one.