Medigap policy

Medigap policy

A Medicare supplement insurance policy sold by private insurers to fill gaps in Original Medicare Plan coverage.
References in periodicals archive ?
A Medigap policy is a health insurance policy sold by private insurance companies to fill gaps in Medicare coverage.
Many agents today will help their client with a Medigap policy and then refer them to Medicare.
8221; A Medigap policy is health insurance sold by private insurance companies and regulated by Medicare as well as state departments of insurance.
other investments, care options for seniors, safety ratings for Medigap policy companies, how to save money on insurance, the elements of an auto policy and required state coverage, recommended auto insurers, and long-term care premium rates.
Those who purchase a Medicare Advantage plan do not need to purchase a Medigap policy nor, usually, a stand-alone Prescription Drug Plan.
In addition, I have a Medigap policy through Blue Cross Blue Shield.
For those of you who believe that traditional Medicare with a Medigap policy is the best protection for our clients, this is good news
This type of care (sometimes referred to as personal or custodial care) is not covered by Medicare, Bob's Medigap policy, or Bob's private health insurance.
The advantage of a Medigap policy is that it pays all the co-insurance, so the beneficiary has no out-of-pocket expenses.
Concern regarding marketing abuses and confusion among beneficiaries eventually prompted Congress to mandate Medigap policy standards.
Opting into a new drug program under the benefit can be daunting, especially if a beneficiary has a Medigap policy that's not a union or government pension, "but a policy to help them bridge the gap between what Medicare covers and what the actual costs are.
Oncologists across the country are already saying, particularly for people who do not have a Medigap policy, or who are dual eligibles, that they can't afford to lose 20% of both the administration codes and the drug reimbursement codes and continue to treat these poorest of the poor," said Dr.