Differences Between Supplemental Medicare Plans & Medicare

Many people don't realize the difference between medicare supplemental insurance versus medicare. Medicare is insurance that is provided by the government, it is regulated and controlled, benefits are paid by the government. Whereas, medicare supplemental insurance is provided by private insurance companies to fill the "gaps" (Medigap) in the original medicare plan.

There are as many as 12 supplemental plans to choose from. Each of these plans have specific benefits and vary in cost. It is important to compare medicare supplemental insurance benefits and cost to ensure you are receiving the best benefits for your needs.

When entering into Medicare Supplemental Insurance, it is typically mandatory to enroll in Medicare Part A and Part B.

Many people don't realize that you and your spouse are required to enroll in separate policies, joint policies are not available. Your Medicare supplemental insurance will not cover any medical expenses for your spouse.

Medicare Supplemental Insurance versus Medicare

Overall, Medicare is supplied by the government and Medicare Supplemental Insurance are additional benefits that an individual can purchase for extra benefits by private Medicare supplemental insurance companies.

If you have any questions, please don't hesitate to contact us at (877) 702-3522; we would love to hear from you.