Medicare Supplements/Medigap

Medicare is a federal health insurance program that provides benefits to retirement-aged people and younger people with disabilities. The primary Medicare plan is called Original Medicare, and it includes Part A hospital insurance and Part B medical insurance. Both of these coverage components have costs that must be paid by the beneficiary. These costs include deductibles, copayments, coinsurance, and excess charges. 

Medicare Supplement Insurance, or Medigap, is a form of insurance that helps pay the out-of-pocket costs associated with Medicare. There are several different plans, each offering a different assortment of benefits.