Online Medicare Supplement Guide

• Search tool for no-cost, no-obligation quotes on eligible Medicare Supplement insurance plans
• Basic understanding of Medicare coverage - what Medicare covers and what it does not
• Overview of Medicare Supplement plan options
• Summaries on the companies offering Medicare Supplement plans
• News and information on Medicare Supplements

Medicare covers a lot of the medical expenses of Medicare enrollees, but not all of them. A Medicare Supplement plan is an additional benefit plan that consumers may buy on top of their existing Medicare premium, and serves to fill in some of these coverage gaps. MedicareSupplement.com provides a free online guide on Medicare Supplement plans with independent, objective information on the topic.

What is a Medicare Supplement?

Medicare Supplement, also called "Medigap" and "Medicare Supplemental Insurance", is a form of additional health insurance coverage for Medicare enrollees that pays for out-of-pocket expenses not covered by Original Medicare (provided by the federal government). It is an insurance policy that you would buy on top of the Medicare coverage you already have.

Think of it this way:

Original Medicare does an adequate job of covering eligible medical expenses for Medicare enrollees. It provides primary coverage for hospitalizations and doctor services. While Medicare is subsidized, it is not completely free and so you share in the cost of the medical expenses you incur. In most years, Original Medicare will provide adequate coverage if your medical expenditures aren’t over a certain amount, say $10,000 per year (hypothetically, depending on your financial situation). However, say one year you need to go through a surgical procedure, along with an extended outpatient rehab state. And say that the overall bill of for the combined treatments comes to over $100,000. While Medicare will cover most of the bill, your share could still end up being $20,000. A Medicare Supplement plan is a true form of insurance that lessens the risk and financial burden against such situations.

You’ll need to decide for yourself whether or not a Medicare Supplement plan is right for your needs. While you should consult with a licensed agent to evaluate your situation at a deeper level, you’re benefitted by having a basic understanding of how Medicare Supplement works.

MedicareSupplement.com provides free, objective online information to help you get acquainted with this product.