Medicare Supplement Plans: Filling the Gaps in Original Medicare
If you’re navigating Medicare, you might be wondering how to cover the out-of-pocket costs that Original Medicare doesn’t fully cover, like co-pays, co-insurance, and deductibles. That’s where Medicare Supplement Plans (also known as Medigap) come in. Keep reading to learn more about Medicare Supplement Plan basics, so you can make an informed decision that’s right for you!
What Are Medicare Supplement Plans?
Medicare Supplement Plans work alongside Original Medicare (Parts A and B) to help fill in the gaps in your coverage. These plans can cover the costs that Medicare doesn’t, making it easier for you to manage your healthcare expenses.
Key Benefits of Medigap Plans
- No Network Restrictions: You can see any doctor who accepts Medicare, giving you more flexibility in choosing healthcare providers.
- Guaranteed Renewability: As long as you continue to pay your premiums, your plan will be renewed each year.
- Comprehensive Coverage: Medigap plans help cover things like co-pays, coinsurance, and deductibles—giving you some much-needed peace of mind.
Why Consider a Prescription Drug Plan?
While Medigap plans don’t include prescription drug coverage, you may want to add Part D (Prescription Drug Coverage) to your plan if you take medications regularly. This can help lower your prescription costs!
Let Us Help You Navigate Medicare
At Lourie Life & Health, we’re here to guide you through your Medicare options and help you find the coverage you can afford. Our team of Medicare Account Managers are just a call away!
Call us today at (803) 256-2067 to speak with one of our trusted advisors. Let us help you understand your options and secure the right coverage for your health and budget.
Watch it all in our YouTube video, linked here: https://www.youtube.com/watch?v=4fcoUdT3J5A