Medicare Supplement Insurance
Medigap Plans may help pay:
- Part A and Part B deductibles
- Copays, coinsurance and provider excess charges
- Cost for extra 365 days of hospital care after lifetime reserve days used
- Cost of blood transfusions, first 3 pints
- Cost of foreign travel emergency, up to plan limit
Plans do not help with:
- Prescription drugs
- Routine dental, vision or hearing care
- Eyeglasses, contacts or hearing aids
- Extra days in a skilled nursing facility after Part A benefit
- Custodial care (help bathing, eating, dressing)
- Long-term care
Medicare Supplement Insurance: Medigap Fast facts
- Must be enrolled in both Medicare Part A and Part B and live in the state where plan is offered
- No medical underwriting up to 6 months after enrolling in Part B at age 65 or older
- Nationwide coverage and no provider network
- Guaranteed renewable*
- Plan premiums may vary, even for same coverage
- Plans with more coverage generally have higher premiums
- Must continue to pay Part B premium to Medicare
Medicare Supplement Open Enrollment
When can I sign up?
- You have 6 months after the month you’re 65 or older and enrolled in Part B.
- No medical underwriting if you enroll during this time
- May enroll in a plan later but could be denied or charged more based on health history
Working past age 65
- For those who delayed enrollment can use a special election period
- Part B enrollment triggers Medicare Supplement Open Enrollment
- May choose a Part C or Part D plan
- Enroll in Part D early to avoid penalty