Medigap Policies

There are medigap policies for costs that may not be covered by by Medicare. Medicare services can be divided into two main categories - Parts A & B. Both of these have expenses that are not covered. People often decide to use supplemental plans in order to ensure coverage of these areas.

You may see it referred to as either Medicare Part A or the perhaps less common "hospital insurance." This is what pays for hospital stays, nursing facilities, hospice and home health care. Before Medicare pays for the services there are deductibles that have to be met. The deductible this year at the clinic is 1,068 dollars for example. After 150 days of hospital service, they do not reimburse anything.

If you are able to get Medicaid and are currently receiving Medicare there may be an exception especially for you. The government funds this for the handicapped, sightless, and elderly who make little income. The gaps in coverage found in a Medicare plan are payed for by Medicaid.

There is ten benefits that are approved to medicare recipients by federal law. Insurance companies pick and choose which services they'll cover. This depends on the state where the company conducts business. All states have to let insurance companies sell one package in particular.  This package is a "core benefit" plan. All insurance companies that sell Supplemental plans must offer this plan to individuals.