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Medicare Supplements

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Medigap Plans, also called Medicare Supplements, are designed to help pay some costs not paid by Original Medicare (Parts A & B).
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Medigap plans come in a variety of configurations and are labelled by a single letter.

Current available plans include:

Plans A, B, C, D, F, G, K, L, M, and N.

Plan F also comes in a High-Deductible version.

Some insurance carriers will also offer "SELECT" versions of plans.

Most insurance companies only offer 3-5 of the above plans.

MORE MEDIGAP KEY NOTES

Your Medigap Open Enrollment Period lasts for six months from the time of your Medicare Part B effective date, assuming you are age 65 or older.
Claim Forms - most plans handle claims electronically so it's easy to use.
Attained Age Pricing - most insurers use this method where plan premiums rise on an annual basis.
Tobacco Rates - during your Medigap Open Enrollment Period, you can obtain non-tobacco premium rates even if you are a smoker. Otherwise, tobacco users pay a higher premium.
Block Rate Changes - insurers can change the premium rates for an entire plan but can't single you out for a rate increase. While increases are most common, rate decreases do also occur.

How to Understand Medicare Plans

Free video guide to Medicare Plans and Options including Medicare supplement information. Important Medicare insurance and health care answers for seniors, caregivers, the eldery and those approaching retirement.

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