Health insurance policy for Medicare beneficiaries that is designed to cover expenses that are not covered by Original Medicare coverage (e.g., deductibles and co-payments and services not covered by Medicare). There are a variety of standardized plans available ranging from A (least coverage) to J (most coverage) and, beginning in 2006, Plans K and L. Due to the implementation of Medicare Part D, no new Medigap plans can now be sold with drug coverage.
Standardized policies (ranging from A to J, in order of increasing benefits) that are sold to persons age 65 and over to pay for expenses that are not covered by Medicare.
This is supplemental insurance designed to complement Medicare's benefits by filling in some of the gaps in Medicare coverage. Medigap insurance policies are non-group policies that may pay for Medicare deductibles, prescription drugs, or other services not covered by Medicare. Back to top of this page
Private health insurance that is used to pay costs not covered by Medicare, such as deductibles and co-insurance (from LTCInsurance)
Private health insurance policies that supplement Medicare coverage, covering health care costs above those covered by Medicare Part A or Part B. Does not provide benefits for long term care, covering primarily hospital and doctor bills.
A term commonly used to describe Medicare supplemental insurance policies available from various companies. Medigap is private insurance that may be purchased by Medicare-eligible individuals to help pay the deductibles and co-payments required under Medicare. Medigap policies generally do not pay for services not covered by Medicare, such as Level I nursing home care.
An insurance policy individually purchased to cover gaps in Medicare, such as copayments and deductibles.
Private insurance that supplements Medicare benefits, covering co-payments and deductibles for medical and hospital costs. Coverage for personal and custodial care is not provided by Medigap.