Medigap Health Insurance
Many people are confused as to what is Medigap? Medigap health insurance plans are sold by private companies to supplement Medicare’s ‘gap’. These ‘gaps’ are expenses like co-payments, co-insurance, deductibles, and hospitalization. Medigap’s coverage plans are regulated by the federal government to protect the insured. Also, Medigap must be purchase for you and your spouse separately.
In order to purchase a Medigap plan, the applicant must already be enrolled in Part A and B. Part A covers hospital insurance, aiding with related costs regarding inpatient hospital care, and some skilled nursing and hospice care. Part B covers medical insurance for doctor visits, outpatient hospital care, and other medical service not covered by Part A. Part C are Medicare Advantage Plans which also includes Medicare Health Maintenance Organizations (HMO), as well as Medicare Preferred Provider Organization Plans (PPO). Part D are stand alone prescription plans to help you with the cost of prescriptions you may be taking.
With ABC Healthcare Plans, additional and affordable health insurance can be obtained easily with the service and guidance from our Medicare Supplement Accredited Advisors. Our job is to answer all your questions, explain the benefits, and research top rated companies to help you choose the best plan to fit your needs and budget. We are just a phone call away for any Illinois residents. Let us help!