Medicare Supplemental Insurance

The US Government site for Medicare describes a Medigap or Medicare Supplemental policy as:
“A Medicare Supplement Insurance (Medigap) policy, sold by private companies, can help pay some of the health care costs that Original Medicare doesn’t cover, like copayments, coinsurance, and deductibles. Some Medigap policies also offer coverage for services that Original Medicare doesn’t cover, like medical care when you travel outside the U.S. If you have Original Medicare and you buy a Medigap policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Then your Medigap policy pays its share.”

Medicare supplemental policies are simple in design yet often difficult to determine which is good for you. At the Adcock Agency we can answer your questions to help you decide which one works for you.