Medigap Insurance is a short name for Medicare Supplemental Insurance. Medicare is standardized by the Federal Government. Medigap Insurance is provided by Insurance Companies and it is designed to cover the gaps within Medicare. There are currently ten Medigap Plans that are available. These Medigap Insurance Plans are not necessarily available from all insurers in all states. Each Medigap Insurance Company may offer different plans depending on the state.
Choosing the right Medigap Insurance Plan may be a daunting task for many individuals and couples who are shopping for the right policy. There are several options to consider. First you want to make sure that you compare all of the available medigap insurance plans in your area or state. After you have selected the correct policy, compare all of the Insurance Companies that offer that particular plan. You will want to compare the Insurers Ratings and rates that they offer. To help guide you through the challenges and questions we recommend that you choose to contact a Medicare Insurance Representative.
Medigap Insurance Basics
Many times it is important to understand the basics of Medigap Insurance. Plan F is by far our most popular plan. Most customers need to compare Plan F with Plan G and Plan N. Before you purchase a Plan, you must be enrolled in Medicare Parts A and B.