Medigap
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Medigap
(mĕd′ĭ-găp′)n. Private health insurance designed to supplement the coverage provided under governmental programs such as Medicare.
The American Heritage® Medical Dictionary Copyright © 2007, 2004 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.
Medigap
A generic term for employer-sponsored, individually purchased health insurance that supplements Medicare reimbursement for medical services. As Medicare pays physicians for services according to its own fee schedule, regardless of what the physician charges, a patient may be required to pay the physician the difference between Medicare’s reimbursable charge and the physician’s fee; Medigap is meant to fill this gap in reimbursement so that the Medicare beneficiary is not liable for the difference.Segen's Medical Dictionary. © 2012 Farlex, Inc. All rights reserved.
medigap
Managed Care A generic term for employer-sponsored, individually purchased health insurance that supplements monies reimbursed by Medicare for medical servicesMcGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.
References in periodicals archive
As people approach 65, they might ask, "Do I need a
Medigap plan?"
Note that if you have a Medicare Advantage (Part C) plan, you don't need a
Medigap plan, and it's illegal for anyone to sell you one unless you're in the process of switching back to Original Medicare.
11 December 2015 - US-based insurance industry-focused online marketing firm Excel Impact has acquired online healthcare information site
Medigap.com, the company said.
Lobbyists and aides have said negotiators discussed requiring
Medigap beneficiaries to pay $250 out of pocket, which proponents say would discourage people from unneeded medical expenses.
If Medicare does not cover all your child's medical needs, you can look into purchasing a
Medigap policy.
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