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Medicare
The Different Parts of Medicare
Part A
(Hospital Insurance)
Part B
(Medical Insurance)
Part C
(Medicare Advantage)
Part D
(Prescription Drug Coverage)
Protection for Hospital Stays and Skilled Nursing Care
What’s Covered?
Inpatient hospital care
Skilled nursing facility care
Hospice services
Limited home health care
You are responsible for a high deductible each benefit period (1-60 days) you stay in the hospital.
Medicare Supplement Insurance (Medigap)
Help Cover What Medicare Doesn’t Pay
What Is Medigap?
Medicare Supplement Insurance (Medigap) is a policy sold by private companies to help cover out-of-pocket costs that Original Medicare doesn’t pay, such as:
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Copayments
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Coinsurance
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Deductibles
It works alongside your Original Medicare, with Medicare paying its share first and Medigap covering the remaining eligible expenses.
Medicare doesn’t cover all your healthcare expenses. A Medigap policy provides additional protection against high out-of-pocket costs, ensuring peace of mind.
With a Medigap plan, you can choose any doctor or hospital that accepts Medicare, without worrying about network restrictions or referrals.
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Medigap: Supplements Original Medicare by covering gaps, acting as secondary insurance.
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Medicare Advantage: Replaces Original Medicare and becomes your primary insurance.
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The best time to buy a Medigap plan is during your Medigap Open Enrollment Period. This period begins the month you turn 65 and enroll in Medicare Part B. During this time, you have guaranteed issue rights, meaning you can't be denied coverage based on health conditions.
Click here to learn more about when you can buy a Medigap plan.When comparing Medigap policies, consider the following:
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Coverage Options: Each Medigap plan offers different levels of coverage. Compare the benefits to determine which plan meets your healthcare needs.
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Costs: Look at premiums, deductibles, and other out-of-pocket costs, which vary by provider and location.
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Provider Flexibility: Ensure the plan allows you to see the doctors and hospitals you prefer without network restrictions.
Click here to view Medigap plans and compare their benefits on Medicare’s official website.
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