For most beneficiaries Original Medicare provides a solid healthcare plan, however, it still has its gaps in coverage. To help create a more complete plan, Medicare Supplement insurance is available to policyholders to help fill some of the holes in their coverage. Frequently referred to as Medigap insurance, Medicare Supplement can be added on to an existing Medicare plan to help pay some of the costs associated with Part A and Part B.
There are currently 10 standard Medigap options available through private insurance companies. Together, these options can be mixed and matched to not only help with additional coverage but to lessen the burden of copays and coinsurance. Most Medigap policies won’t come into effect unless you reach the deductible in your original plan.