Medigap insurance, also known as Medicare Supplement Insurance, is a type of private health insurance that helps fill the gaps in coverage left by Original Medicare. It can help pay for out-of-pocket costs such as copayments, coinsurance, and deductibles.

In order to be eligible for Medigap insurance, you must be enrolled in Medicare Part A and Part B. You cannot have a Medicare Advantage plan if you want to purchase a Medigap policy.

Medigap insurance can help cover costs such as copayments, coinsurance, and deductibles that are not covered by Original Medicare. It may also cover services that Medicare does not cover, such as emergency medical care when traveling abroad.

When choosing a Medigap plan, it’s important to consider your healthcare needs and budget. You can compare different plans based on coverage, cost, and customer reviews. It’s also a good idea to consult with a licensed insurance agent who can help guide you through the process.

For many Medicare beneficiaries, Medigap insurance can be worth it because it provides additional coverage for out-of-pocket costs that can add up quickly. It can give you peace of mind knowing that you are protected from high medical expenses.