Medigap plans

Medicare Supplement Insurance plans

These plans (sometimes called “Medigap” insurance) may help pay some of the healthcare costs that Medicare Parts A and B don’t, like coinsurance, copayments or deductibles.

What do I need to know when comparing plans?

First, there are no provider networks with Medicare Supplement insurance plans. Plans can be used with any doctor or hospital that accepts Medicare. Second, the basic benefits offered by Plans A, B, C, F, G, K, L and N are the same from every insurance company. (See chart below.) However, some companies—like Humana—also offer additional benefits. Take some time to consider the differences is in the companies, the quality of service and the price.

What isn’t covered by Medicare Supplement insurance plans?

Generally, these plans don’t cover long-term care (like care in a nursing home), vision or dental care, hearing aids, private duty nursing or prescription drugs.

How do I know if I’m eligible?

To buy a Medicare Supplement plan, you must be enrolled in Medicare Parts A & B, you must live in the state where the policy is offered, and be age 65 or over or, in some states, under age 65 with a disability or end-stage renal disease.

When is the best time to buy a plan?

The Medicare Supplement Open Enrollment period starts on the 1st day of the 1st month in which you’re age 65 or older and enrolled in Medicare Part B. In some states, you can buy a plan on the 1st day you’re enrolled in Medicare Part B, even if you’re not yet 65.

If you meet certain criteria, such as applying during your Medicare Supplement Open Enrollment Period, or if you qualify for guaranteed issue, a company can’t use your medical history to determine your eligibility. Rules in some states may vary.