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Evaluate Entire Plan When Selecting “Medigap” Healthcare Coverage
“Medigap” is a short name for a Medicare Supplemental Insurance plan - a plan which provides coverage for the “gap” in healthcare expenses that “original Medicare” does not pay for. When considering a Medigap policy, it’s very important to look not only at the monthly cost of the plan, but also the coverage provided. Since plan costs vary greatly, both by provider and the coverage available in specific geographic areas, selecting a plan which fits your personal healthcare situation is paramount. This CNBC Personal Finance article by Sarah O’Brien offers a description of “Medigap” and how those plans work together with original Medicare (Parts A and B) to provide you with the healthcare coverage you need. Click here to read more.
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