Medicare is the national healthcare system for people over the age of 65 (certain younger people with disabilities and End-Stage Renal Disease also qualify for Medicare). Medicare insurance covers most medical services (both inpatient and outpatient), durable medical equipment, and medications.
Original Medicare is made up of 2 parts, Medicare Part A and Medicare Part B. Part A refers to hospital or inpatient coverage and Part B refers to medical or outpatient coverage.
Medicare Part A is often called “hospitalization” or “hospital care” because it covers inpatient care at a hospital, skilled nursing facility (SNF), and hospice care.
Medicare Part B covers most medically necessary doctors’ services, preventive care, durable medical equipment, hospital outpatient services, laboratory tests, x-rays, mental health care, and some home health and ambulance services.
Medicare Part D is prescription drug coverage that helps cover the cost of prescription drugs. Part D is available to any individual with Medicare Parts A and/or B.
The annual deductible for Medicare Part A is $1,340 (2018).
The annual Medicare Part B Deductible is $183 (2018).
The monthly Medicare Part B Premium is $134 (2018).
Medicare supplement insurance (also known as Medigap insurance) is private health insurance that helps pay for health expenses (copayments, coinsurance, and deductibles) that are not covered by Original Medicare. It fills the gaps in Medicare coverage and saves patients from potentially high bills and excess charges.
Medigap insurance is another name for Medicare Supplement Insurance.
GoMedigap helps you shop and compare all 10 Medicare Supplement Plans (Plans A, B, C, D, F, G, K, L, M, and N) for free. Our team of licensed agents can educate you on the type of coverage that each plan provides and help you choose a Medicare supplement plan that best suits your needs.
GoMedigap represents more than 30 of the top Medicare supplement insurance companies nationwide. What makes our service unique is that we pay our agents the same commission across all insurance carriers to ensure that we provide unbiased recommendations based on each client’s unique desires and