Confused by Medicare?

You are not alone.

Medicare Supplement / Medigap Plans

Medicare Supplement / Medigap Insurance is not Part C which is an Advantage Plan. It is not Original Medicare which is Part A and/or Part B and does not come with Part D drug insurance.

It is a supplement insurance which helps pay for some of the costs Part A (hospital) and Part B (doctors and out patient services) do not pay.

Here are some questions you might ask yourself that Welch Insurance can answer about Medicare Supplement Insurance / Medigap.

Frequently ask questions:

How many Medigap plans are there?

A: There are 10 plan types available in most states, and each plan is labeled with a different letter that corresponds to a certain level of basic benefits.

What plan fits my budget?

A: Depending on the plan and the state you live in, the premiums range from $60 to $230 when aging into Medicare.

Which plan fits my medical needs?

A: You should consider your medical issues that may cause you to need more use of the plan you select.

Is the coverage different in each Medigap plan offered?

A: In most states, Medigap insurance plans have the same standardized benefits for each letter category.

Do all companies have the same premium for the same plan?

A: No, the premiums for the same plan may vary by as much $100 for the same letter plan.

What is the difference in premium between a high deductible Plan G and a conventional Plan G?

A: The high deductible Plan G  can be as low as $60 per month whereas the conventional Plan G can be as high as $200 a month for someone aging into Medicare, depending on the state you live in.

To schedule a time to speak with a licensed, certified and appointed agent about your Medicare Supplement questions click on the calendar!

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Or Call 800-641-3315