A Medicare Supplement Insurance policy, can assist with paying some of the health care costs that Medicare doesn’t cover, like copayments, coinsurance, and deductibles.
Some Medicare Supplemental Insurance policies also offer coverage for services that Medicare doesn’t cover, like medical care when you travel outside the U.S. If you have Medicare and you buy a Medicare Supplemental Insurance policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs, then your supplemental policy pays its share.
There are a few options when choosing the right Supplement plan. Medicare Supplement plans are set up into 10 plans depending on the level of coverage you need. Although Medicare Supplement plans are offered through private insurance companies, all benefits are designed by Medicare, NOT the insurance companies. That means that the benefits are EXACTLY the same with every insurance company that offers them. However, there can be big differences in the premiums that different insurance companies charge for EXACTLY the same coverage! We strive to help you decide which is plan and company is right for you.