Medicare supplements, also known as Medigap plans, help cover some or all of the out-of-pocket expenses you are responsible for under Original Medicare. Medicare supplements are offered through private insurance companies and benefits are dictated by which plan letter you purchase.
There are ten Medicare Supplement Plans available, and no matter which company is offering it, they must provide the same benefits as any other company with that plan letter. For example, if company ABC is offering Plan G, your coverage will be the same as company XYZ’s Plan G. The difference will be in your premium. Learn more about Medicare Supplements with this informative video: What is a Medicare Supplement?
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