Medicare Supplement Plans (Medigap)
Medicare Supplement Plans, also known as Medigap, are designed to fill the gaps left by Original Medicare. These plans help cover out-of-pocket costs such as deductibles, copayments, and coinsurance. Medigap plans are offered by private insurance companies and provide additional financial protection, making them a great option for those who want predictable healthcare expenses.
Why Consider a Medicare Supplement Plan?
With a Medicare Supplement plan, you have the freedom to see any doctor or specialist that accepts Medicare, without the need for referrals. You’ll also benefit from coverage that’s valid nationwide, making these plans ideal for those who travel frequently or spend time in multiple states.
Standardized Plan Options
There are several types of standardized Medigap plans, each offering different levels of coverage. A couple of the most popular plans are:
- Plan G: Offers robust coverage, excluding the Part B deductible.
- Plan N: Lower premiums with cost-sharing for certain services.
Enrolling in a Medicare Supplement Plan
The best time to enroll in a Medicare Supplement plan is during your initial six-month Medigap Open Enrollment Period, which starts when you’re 65 or older and enrolled in Medicare Part B. During this time, you can enroll without answering health questions or facing coverage denial.
Contact us today to find out which Medicare Supplement plan is right for you and secure the coverage you need.
By completing the form above, I understand that a licensed insurance agent from Gemstone Life & Health Insurance Services may contact me via phone, email or mail to discuss Medicare Advantage Plans, Prescription Drug Plans, Medicare Supplement Insurance and/or Individual & Family Plans. Calls may be made by auto dialer, text, or robocall and are for marketing purposes. Cellular carrier charges may apply. Providing permission does not impact eligibility to enroll or the provision of services.