Medicare Supplement (Medigap) Plans

Original Medicare (Part B) typically covers about 80% of approved medical costs, leaving you responsible for the remaining 20% out of pocket. Medicare Supplement Plans, also known as Medigap plans, are designed to help cover those gaps in coverage that Original Medicare does not pay for.

Monthly premiums for Medicare Supplement plans generally range from $70 to $270 per month, depending on the plan type, coverage level, age, and location. In most cases, plans with lower out-of-pocket costs have higher monthly premiums, while plans with higher cost-sharing tend to have lower premiums.

If you’re unsure which option is best for you, I can help review and compare all available plans in your area, explain the differences clearly, and guide you toward the option that best fits your healthcare needs and budget.

When to Enroll

The best time to enroll in a Medicare Supplement plan is during your Medicare Supplement Open Enrollment Period, which begins when you are 65 or older and enrolled in Medicare Part B. This is a 6-month window where you can enroll in any Medigap plan without medical underwriting or risk of denial due to health conditions.

If you miss this enrollment window, you may still be able to apply later; however, medical underwriting may apply, which could result in higher premiums or possible limitations based on your health history.

Key Benefits of Medicare Supplement Plans

• See any doctor or specialist who accepts Medicare—no network restrictions

• No referrals required to see specialists

• Guaranteed renewable for life as long as premiums are paid

• Coverage that travels with you anywhere in the United States

• Some plans may also offer limited international travel emergency coverage

Understanding Medicare Supplement Plan Options

There are multiple standardized Medicare Supplement plans, each identified by a letter (such as Plan G or Plan N). While benefits are standardized by plan type, costs can vary by insurance carrier and location.

• Plan G and Plan N are currently among the most popular options

• Most plans cover basic Medicare gaps, but differ in how out-of-pocket costs like deductibles and copays are handled

• Some plans offer near-comprehensive coverage, while others require more cost-sharing in exchange for lower premiums

I can help compare all available plans in your area so you can clearly see what each option covers and what fits best within your budget.

A Medicare Supplement Plan May Be Right for You If You:

• Are enrolled in Original Medicare (Parts A and B)

• Want help covering out-of-pocket costs not paid by Medicare

• Prefer the flexibility to see any provider that accepts Medicare

• Plan to travel and want nationwide coverage flexibility

• Want predictable healthcare costs and long-term stability in retirement