About Medicare Supplement Plans

Medicare Part A (hospital coverage) and Medicare Part B (doctor/outpatient coverage) will cover 80% of your medical costs, therefore, you will need an additional insurance product to help with the remaining 20%.

One option to help with this 20% is a Medicare Supplemental Plan (Medigap Policy). Choosing this path means that you are staying with “Original Medicare”, of which, 98% of Doctors and Hospitals participate.

With the Medicare Supplemental Plan (typically Plan F, Plan G, or Plan N), you will pay a premium each month for your coverage, and your expenses beyond this premium will be minimal.

Medicare Supplemental Plans are Federally regulated, and are therefore identical among all carriers. A Plan G is a Plan G, and a Plan F is a Plan F; coverage is identical, while premiums and underwriting guidelines are unique among carriers. Underwriting guidelines are used when moving between carriers for a lower rate, or when moving from an Advantage Plan to a Supplemental Plan.