How to choose Medicare Supplement Insurance Plan

How to choose Medicare Supplement Insurance Plan

We need medicare supplement insurance plan because having just Medicare will not cover the entire cost of your health care expenses. Before you plan to choose medicare supplement insurance plan, lets not forget that you have to have the “Original Medicare” plan. Remember that Medigap only cover the out-of-pocket costs under Medicare Part A (hospital insurance) and Medicare Part B(medical insurance), but it will not cover the out-of-pocket cost of Medicare Part C (Medicare Advantage plans), Medicare Part D (Prescription Drug Plans), or any other private health insurance, Medicaid.

choose Medicare Supplement Insurance Plan


Lets discuss step by step how you can choose Medicare Supplement Insurance Plan which is also known as Medigap.

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Decide If you want Original Medicare or Medicare Advantage Plan[/stextbox]

You have to decide upfront whether you are sure about opting for Medigap. Because you can only enroll in Medigap if you have Original Medicare means you have Part A (Hospital Insurance) and Part B (Medical Insurance).

If you don’t have Original Medicare and instead you signed up for Medicare Advantage Plan which is also called as Part-C, then you are not eligible for Medigap.

Lets look at below table and plan according to your priorities.

Step A Step B
You can choose Original Medicare You can choose  Medicare Advantage Plan
Part A (Hospital Insurance) and Part B (Medical Insurance). “Part C” – includes both Part A (Hospital Insurance) and Part B (Medical Insurance)
Covered by Medicare Covered by Private Insurance Companies
You can join Medicare Prescription Drug Plan Drug plan is generally offered by plan.
You can choose to buy a Medigap policy from a private company Not Eligible for Medigap


if you choose step A from above table, congrats you are now eligible for Medigap (medicare supplement insurance). Now its time to decide which plan works for you best.

Choosing a Medigap Policy

Before deciding on best medigap policy, you should know your present and future health care demands. It is essential because once you buy the plan, you may not be able to change it later on.

There are Medigap plans from A to N. know about all the plans and compare based on your needs and pick one which suits you best. To know more about details of various medigap plans from A to N please click here.

Please visit the website to know more about which Medigap plans are available in your state.

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