Medigap Insurance: Bridging the Gaps in Original Medicare
Posted: August 6, 2025
Mind the Gaps: What Original Medicare Doesn’t Cover Original Medicare, comprising Part A (hospital insurance) and Part B (medical insurance), offers essential health coverage to millions of seniors. However, it doesn’t cover everything. Beneficiaries are often surprised to discover they are still responsible for significant out-of-pocket expenses. Part A includes a hospital deductible that resets at the beginning of each benefit period, daily coinsurance for...
What’s Medicare Supplement Insurance, and do I need it?
Posted: September 21, 2024
Medicare is a federal health insurance program that covers people aged 65 and older and some younger individuals with specific disabilities. It helps cover many healthcare costs, including hospital stays, doctor visits, and preventive services. However, Medicare doesn’t cover all medical expenses, and beneficiaries often face out-of-pocket costs such as deductibles, copayments, and coinsurance. This is where Medicare Supplement Insurance, or Medigap, comes into play....
6 Medicare Pitfalls to Avoid
Posted: June 21, 2024
Medicare enrollment and plan selection are critical decisions with significant financial implications. Unfortunately, many enrollees make common mistakes, such as not reviewing coverage annually, misunderstanding plan details, and failing to consider changing healthcare needs. These errors can result in gaps in coverage or unnecessary expenses. Approaching Medicare decisions carefully and getting professional guidance is essential to ensure optimal coverage and financial security. 1. Assuming inability...
Are Hearing Aids Covered by Medicare?
Posted: April 6, 2024
Many individuals with hearing loss rely on hearing aids to improve their quality of life and communication abilities. However, one common question among Medicare beneficiaries is whether hearing aids are covered by the program. Medicare Part A and Part B Coverage Medicare Part A and Part B, also known as Original Medicare, provide coverage for a range of medical services and supplies. However, when it...
Debunking 5 Medigap Misconceptions
Posted: September 21, 2023
As the name implies, Medigap insurance is designed to fill in gaps in coverage that occur with Original Medicare. For example, if Original Medicare Part B covers 80% of medically necessary services for your outpatient care, a Medigap policy will cover the remaining 20%. This is important coverage to have, as there is no cap on out-of-pocket expenses with Original Medicare. Myths and misunderstandings concerning...
