A Medigap policy is different from a Medicare Advantage Plan. Those plans are ways to get Medicare benefits,
What is a Medigap Plan? It is the generic term for a group of supplemental private health insurance policies sold to those over 65 who are enrolled in Medicare, or who have other disability coverage from a private insurer. Insurance companies coined it to help them sell the policies, but it has stuck. It comes … Read more
Becoming policyholders in the National Health Insurance Program comes with the option of purchasing a Medicare Plan K policy, a Medigap Supplemental Insurance. If you have Part A and Part B plans, you are eligible to enroll in Medigap Plan K during its enrollment period, which starts the first month you enrolled in Part B. … Read more
Are you enrolled for Medicare and still contemplating whether you need a Medicare supplement plan? Then it would be best if you read this article to know everything about the Medigap policy and why you may have to rethink it. What is a Medicare Supplement Plan? Medicare Supplement Plan is a health insurance policy issued … Read more
Medicare supplement insurance plans are the gap insurance policies that are not sold by the government but by private insurance carriers, and state insurance regulators regulate these plans. A Medicare supplement plan helps you pay some part of your own traditional Medicare (both A & B), which includes coinsurance, copayments, and deductibles. In most states, … Read more
