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 services
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
GoMedigap currently serves over 26,000 existing Medicare Supplement customers and has a track record of profitable growth.
"Given the nature of the product, which reacts to the coverage and structure of Medicare, we do not believe that Medicare supplement policies would be an appropriate avenue for LTC inclusion," the groups write.
The annual review includes looking at possible improvement in pricing on Medicare supplements. Since John is talking about health care, these discussions could lead to asset protection from long-term care, income planning with annuities or even life insurance.
For health insurance agents, the Medicare supplement market offers a longevity few other sectors provide.
PLUGS What Medicare Beneficiaries Use to Fill Gaps in Coverage Employer-Sponsored Retiree Health Benefits 34% Medicare Advantage 22% Medicare Supplement Insurance 17% Medicaid 15% Other Public/Private 1% Nothing 11% source: Henry J.
Since the pricing of Medicare Supplement Plans varies so widely, state by state and within state jurisdictions, we try to offer you the best protection at the best rates for the area where you live!
The American Association for Medicare Supplement Insurance is an advocacy and informational organization that conducts the national Medigap industry conference, conducts and publishes studies and supports insurance professionals who offer Medigap coverage.
In 2017, Neishloss and Fleming produced more than USD 75m in new Medicare supplement and Medicare advantage premium.
AIMC distributes Medicare supplement products with over 20,000 independent agents throughout the United States.
The charges of the new Medigap subgroup include updating the NAIC's Medicare Supplement Insurance Minimum Standards Model Act, the Model Regulation to Implement the NAIC Medicare Supplement Insurance Minimum Standards Model Act, and related consumer guides and training materials.
The NAIC's Medicare Supplement Insurance Minimum Standards Model Act, approved by the NAIC in March 2007, updates Medicare supplement standards that the NAIC originally set in 1979 and has revised over the years to reflect market and legislative changes, CMS officials write in the Federal Register notice.

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