Medigap Supplement Plans
are different from Medicare in that they are policies that are offered
by private insurance companies where as Medicare is offered through the
government. Medigap is purchased to do just what the name suggests,
fill in the gaps left by Medicare Part A and Part B.
When you are
looking into purchasing a Medigap Supplemental Insurance Policy it is
important to realize that the policy you purchase should be designed to
fit your needs. This is why it is so important to compare the different
plans available to your lifestyle to see which policy works best for
you.
It is important to remember that Medicare Part A and Part B
only pay for a portion of your care. This includes part of the hospital
care and physicians fees. Medigap fills in for the services that are
needed but not covered to help ensure complete coverage for seniors. One
medical disaster without proper coverage could literally bankrupt some
seniors living on a small limited budget.
It is worth the time to compare the Medigap Supplemental Insurance policies
available in the market. Remember that the policies that are sold by
private insurance policies are all the same and regulated by the United
States government. The price you pay may be different depending on the
markup from each individual insurance companies but the coverage will
always be the same.
