We can help you find the right Medicare Supplement plan.
Medicare Supplement plans (also known as Medigap plans) are extra insurance plans you can purchase to help you pay for the share of the costs you owe through Original Medicare. You can only buy Medicare supplement plans if you already have Original Medicare, so when you sign up, you must apply for Part A (hospital insurance) and Part B (medical insurance).
All Medicare Supplement plans provide the same basic benefits, no matter which insurance company you buy your plan from or where you live. In most areas, including Tamarac, Florida, there are 10 different Medigap plans. The main difference between these Medicare Supplement plans is the price.
Once you buy a Medicare Supplement plan, Medicare will pay for its share of your covered healthcare costs. After these costs are paid, your Medicare Supplement plan will then pay for its portion. After this, you are responsible for any remaining costs.
Your Medigap policy will renew automatically on an annual basis, and as long as you keep paying your Medigap premiums, you can keep your policy. It’s also important to know that if you have a Medicare Advantage plan, you cannot have a Medicare Supplement plan simultaneously.
If you have questions about Medicare Supplement plans and how they work, we can provide all the information you need at MediGapX. Contact us today to speak with one of our representatives about signing up for Medigap insurance.