Medigap (Medicare Supplement) is private insurance that covers the 20% coinsurance and other out-of-pocket costs Original Medicare doesn't pay. Plans are standardized by letter (A through N) with Plan G being the most comprehensive available to new enrollees.
Paired with Original Medicare and a Part D plan, a Medigap policy gives you nearly unlimited medical coverage with almost no out-of-pocket cost and no network restrictions. For many retirees this is the gold standard — if you enroll during your open enrollment window.
Medicare is the federal health insurance program for Americans 65+. It has four parts: A (hospital), B (doctors/outpatient), C (Medicare Adv…
Medicare Advantage (Part C) is private health insurance that replaces Original Medicare. Plans bundle Parts A, B, and usually D, often add d…
Medicaid is a joint federal-state program that covers healthcare and long-term care for people with limited income and assets. For retirees,…