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Common Questions: What Is Medigap?

Another name for Medicare supplement insurance is Medigap. These plans are meant to fill in where Original Medicare leaves off. Medigap plans,

on the other hand, are only compatible with Original Medicare Parts A and B. Medigap doesn’t cover out-of-pocket costs if you have Medicare Advantage, which is also known as Medicare Part C.

One of the most popular Medigap plans is Medicare supplement Plan G. Medigap plans are only compatible with Original Medicare Parts A and B. With the exception of the Medicare Part B deductible, which you are responsible for paying out of your own pocket, it covers a variety of costs that Original Medicare does not cover. Plan G covers the following costs:

Standard and high-deductible Medigap Plan G are the two types of the plan. High-deductible Arrangement G has a higher deductible than standard

Arrangement G, and that implies high-deductible Arrangement G has lower month to month expenses. Beginning in January 2023, the deductible for high-deductible Arrangement G will be $2,700.

Also Read  How All-Risks Coverage Works.

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