LeClair Financial Services, LLCMedicare Supplement Insurance
Medicare Supplement Insurance or Medigap plans help fill the "gaps" in Original Medicare and are sold by private insurance companies. Medicare pays for much, but not all, of the costs for covered services and supplies. Medigap plans work hand in glove with Original Medicare to pay some of the remaining healthcare costs.
With a Medicare Supplement plan, you keep Original Medicare as the primary payer, and add a Supplement plan to fill in some or most of the gaps that Medicare otherwise leaves you on the hook for. Bills go to Medicare first, Medicare pays its part, and what’s left over now goes to the Supplement plan. If you plug all the gaps that you can, you are left with a small deductible and no additional out of pocket for Medicare covered medical services.
