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  • Home
  • Explore Medicare
    • ​Medicare Costs
    • New To Medicare/ Turning 65?
    • Medicare Supplement Coverage >
      • Medicare Supplement Coverage Quote
    • Medicare Advantage Plans >
      • Medicare Advantage Plan Quote
    • Prescription Drug Plans (Part D) >
      • Medicare Part D Quote
    • Medicare Annual Enrollment
  • Resources
    • Medicare Help
    • Educational Videos
    • Health Insurance >
      • Health Insurance Quotes
      • Individual Health Insurance >
        • Health Insurance Quote
      • Critical Illness Insurance >
        • Critical Illness Insurance Quote
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        • Dental Insurance Quote
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        • Vision Insurance Quote
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Medicare Supplement Insurance

Get help with unexpected medical costs that aren't covered by Medicare with supplemental coverage. Speak with an expert on medicare supplement insurance today.

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Important Things to Know About Medicare Supplement Coverage

  • If you have a Medicare Advantage Plan, you can apply for a Medigap policy, but make sure you can leave the Medicare Advantage Plan before your Medigap policy begins.
  • You pay the private insurance carrier a monthly premium for your Medigap policy in addition to the monthly Part B premium that you pay to Medicare.
  • A Medigap policy covers one person. If you and your spouse both want Medigap coverage, we'll work with you to setup two separate policies.
  • Any standardized Medigap policy is guaranteed renewable even if you have health problems. This means the insurance company can't cancel your Medigap policy as long as you pay the premium.

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

What You Also Need To Know About Medicare Supplement Policies

  1. You must have Medicare Part A and Part B.
  2. If you have a Medicare Advantage Plan, you can apply for a Medicare Supplement insurance policy, but make sure you can leave the Medicare Advantage Plan before your Medicare Supplement insurance policy begins.
  3. You pay the private insurance company a monthly premium for your Medicare Supplement insurance policy in addition to the monthly Part B premium that you pay to Medicare.
  4. You can buy a Medicare Supplement insurance policy from any insurance company that’s licensed in your state to sell one.
  5. Any standardized Medicare Supplement insurance policy is guaranteed renewable even if you have health problems. This means the insurance company can’t cancel your Medicare Supplment insurance policy as long as you pay the premium.
  6. Medicare Supplement insurance policies sold after January 1, 2006 aren’t allowed to include prescription drug coverage. If you want prescription drug coverage, you can join a Medicare Prescription Drug Plan (Part D).
  7. It’s illegal for anyone to sell you a Medigap policy if you have a Medicare Medical Savings Account (MSA) Plan.

Medicare Supplement Policies Are Standardized

Every Medigap policy must follow federal and state laws designed to protect you, and it must be clearly identified as “Medicare Supplement Insurance.” Insurance companies can sell you only a “standardized” policy identified in most states by letters.

All policies offer the same basic benefits but some offer additional benefits, so you can choose which one meets your needs. In Massachusetts, Minnesota, and Wisconsin, Medigap policies are standardized in a different way.

(702) 403-6348
1313 Alderton Ln
Las Vegas, NV 89144
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Medigap Insurance Quote
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What are Medigap Plans?

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A Medicare Supplement (Medigap)

Medigap insurance, sold by private companies, can help pay some of the health care costs that Original Medicare doesn’t cover, like copayments, coinsurance, and deductibles.

A Medigap policy is different from a Medicare Advantage Plan. Those plans are ways to get Medicare benefits, while a Medigap policy only supplements your Original Medicare benefits and fills in the gaps that Original Medicare has..
Each insurance company decides which Medigap policies it wants to sell, although state laws might affect which ones they offer. Insurance companies that sell Medigap policies:
  • Don’t have to offer every Medigap plan
  • Must offer Medigap Plan A if they offer any Medigap policy
  • Must also offer Plan C or Plan F if they offer any plan

Keep in mind, that the Medicare Supplement policies covers co-insurance after you’ve paid the deductible (unless the Medigap policy also pays the deductible).

There are 10 Medigap Plans to choose from. They’re labeled by letters A, B, C, D, F, G, K, L, M, and N (Plans E, H, I, and J are no longer available), and each plan letter has different coverage benefits.

How Do You Get a Medigap Plan

To qualify for a Medicare Supplement, you must first enroll in Medicare Parts A and B. Once you turn 65 and enroll in Original Medicare, you will enter your  Open Enrollment  period— the six-month period starting the first day of the month after you turn 65 and have Medicare Part B. During your Medigap Open Enrollment window you can not be asked Health questions , so you can not be declined and also PRE-EXISTING conditions do not factor into the approval process.

What Does It Cost?

Medigap plan monthly premiums differ depending on several factors.
  • Age
  • Location
  • Tobacco use
  • Plan type (A through N)

Different insurers also vary their monthly rates depending on actuarial models, though many offer discounts to those who live with a spouse.

You do have the option to enroll outside of your Open Enrollment, but acceptance is not guaranteed, and you may have to pass a health underwriting exam. You can learn more about when you can buy Medigap plans here.

Here are the 2020 Deductibles,Copays, and Coinsurance that a Medigap policy can pay:

Medicare Part A: Hospitalization
  • Days 1-60: 2020 $1,408.00 deductible (billed the first day)
  • Days 61-90: 2020 $352.00 per day
  • Days 91-150: 2020 $704.00  per day (60  reserve days)
  • Days 150+: Not covered

Skilled Nursing Facility Coinsurance:
  • Days 1-20: $0 per day
  • Days 21-100: 2020 $176.00 per day
  • Days 100+: Not covered

Part B deductible per year* only paid for by Plan C and F in 2020 $198.00
  • Medicare Part B Coinsurance: 20%
  • Medicare Part B Excess Charges: Up to 15% (in addition to coinsurance)
  • Foreign Travel Emergency: Not covered

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. Your Medigap policy pays its share.

Now Review The Chart And Look At The Percents % In The Boxes

What it means is the per cent in the box is the amount the Medigap policy covers. If you don’t have a Medicare Supplement, you will pay these costs associated with Original Medicare. 
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David Karel Insurance Group
1313 Alderton Ln
Las Vegas, NV 89144
(702) 403-6348
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Insurance Marketing Group. A sales agent may mail, call or e-mail as a result of completing the information to discuss Medicare Advantage, Prescription Drug Plans or Medicare Supplement Insurance. We are not recommended, endorsed or affiliated with the Federal Government, CMS, Medicare or the Department of Health and Human Services (DHHS) Medicare has neither reviewed nor endorsed this information.

Please Note: Clicking on any of the  links provided  will take you from our Medicare Information website to a non-Medicare information or to a different website.