What is Medicare Supplement Insurance?

Medicare Supplement Insurance (Medigap) is extra insurance that you can purchase from a private health insurance company. Its purpose is to help cover your share of out-of-pocket costs in Original Medicare. These costs include copayments, coinsurance, and deductibles. Here are some key points about Medigap:

1. Coverage: Medigap policies fill the gaps left by Original Medicare. When you have a Medigap policy, Medicare pays its share of the approved amounts for covered health care costs, and then your Medigap policy covers its share.
2. Different from Medicare Advantage: Medigap is distinct from a Medicare Advantage Plan. While Medigap focuses on cost-sharing, Medicare Advantage Plans provide an alternative way to receive Medicare coverage beyond Original Medicare.
3. Standardized Policies: Medigap policies are standardized across the country. They are identified by letters (Plans A–D, F, G, and K–N). All standardized policies offer the same basic benefits, regardless of the insurance company you choose.
4. Plan Availability: Some plans (E, H, I, and J) are no longer sold, but if you already have one, you can generally keep it. Additionally, since January 1, 2020, Plans C and F are not available to new Medicare beneficiaries. However, you can consider Plans D or G instead.

​Remember that Medigap policies are designed to work alongside Original Medicare. If you need more detailed information, you can visit the official Medicare website

Important Things to Know About Medicare Supplement Coverage

Medicare Advantage and Medigap: If you have a Medicare Advantage Plan, you can also apply for a Medigap policy. However, ensure that you can leave the Medicare Advantage Plan before your Medigap coverage begins.
Premiums: With Medigap, you pay a monthly premium to a private insurance carrier in addition to your monthly Part B premium paid to Medicare.
Individual or Couple Coverage: A Medigap policy covers one person. If both you and your spouse want Medigap coverage, we’ll help you set up two separate policies.
Guaranteed Renewal: Any standardized Medigap policy is guaranteed renewable, even if you have health problems. This means your coverage remains intact. A company can't cancel your Medigap policy as long as you pay the premium.

​​To learn more about NH Medicare Supplement Insurers who offer attractive rates and coverage see our 2024 NH Medicare Supplement Review Here.

Contact us to learn more about the right Medicare Supplement Insurance coverage for you.

Contact Us About Medicare 
Supplement Insurance:

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Nashua, NH 03060
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