HEALTH INSURANCE
Medicare Supplements
A Medicare Supplement Insurance (MEDIGAP) policy, provided by several of our private carriers, can help pay some of the health care costs that Original Medicare DOES NOT
cover such as Co-payments, Coinsurance, and Deductibles. Some MEDIGAP policies also offer coverage for services that Original Medicare will not cover, like medical care when you travel outside the U.S.
If you have Original Medicare and you buy a MEDIGAP policy, Medicare will pay it’s share of the Medicare-approved amount for covered health care costs. Then your MEDIGAP policy will pay it’s share.
A MEDIGAP policy is different from a Medicare Advantage Plan.
See Medicare Advantage to get more information.
Medicare Advantage
A type of Medicare health plan offered by several of our private carriers, that contracts with Medicare to provide you with all your Part A and Part B benefits. Medicare Advantage Plans include Health Maintenance Organizations (HMO’S), Preferred Provider Organizations(PPO’S), Private Fee-for-Service Plans, Special Needs Plans, and Medicare Medical Savings Account Plans.
If you’re enrolled in a Medicare Advantage Plan, most Medicare services are covered through the plan and aren’t paid for under Original Medicare. Most Medicare Advantage Plans offer prescription drug coverage.
Hospital Indemnity
Hospital Confinement Indemnity insurance also called Hospitalization Insurance, provides a lump-sum benefit for a covered hospital confinement or covered outpatient surgery to help offset the gaps caused by costs that aren't covered by most major medical plans.
If you are confined to a hospital, whether for planned or unplanned reasons, it can offset other medical services, depending on the policy.