How Medigap Works
Medigap works alongside Original Medicare (Part A and Part B). It is different from Medicare Advantage, which is another way to receive your Medicare Part A and Part B coverage.
Medicare
Medigap (Medicare Supplement Insurance)
Medigap, also called Medicare Supplement Insurance, is private insurance designed to help pay certain out-of-pocket costs associated with Original Medicare.
What Medigap May Help With
Depending on the Medigap plan, coverage may help pay certain Medicare-covered costs such as:
- Copayments
- Coinsurance
- Deductibles
Medigap plans are standardized in most states, meaning plans with the same letter generally offer the same basic benefits. Availability and rules can vary by state.
Timing Matters
Your Medigap Open Enrollment Period is a one-time 6-month period that begins when you are 65 or older and enrolled in Medicare Part B. During this period, you generally have important federal protections when purchasing a Medigap policy.
After this period, your options may be different depending on your circumstances and applicable protections.
Prescription Drug Coverage
Medigap policies sold after 2005 generally do not include prescription drug coverage. If you want Medicare prescription drug coverage, you can generally enroll in a separate Part D plan.
Have Medicare Questions?
Understanding how Medigap works can help you ask better questions about your Medicare coverage and the options available to you.
We provide general educational information to help you understand the terminology, timing, and factors to consider.
Educational Information
Educational information only. Medigap availability, eligibility, premiums, underwriting, benefits, and enrollment rights vary by state and individual circumstances. Vidalegacy Insurance Group does not represent every Medigap policy or insurance company available in your area.
Have Medicare Questions?
Medicare can come with unfamiliar terms, important timelines, and decisions to consider. We provide general educational information to help you better understand Medicare and the questions to consider about your situation.