Since Medicare does not cover all health care expenses, Medicare supplement insurance is sold as supplemental health insurance for Medicare recipients. There are a number of gaps in Medicare coverage, so Medicare supplement insurance is often known as Medigap insurance.
Medicare supplement insurance is not a federal program like Medicare. Although health insurance companies provide Medicare supplement insurance coverage, both the federal and state government strictly regulate them.
Medicare Prescription Drug Coverage, called Medicare Part D, is the most recent addition to the program. Benefit Design can explain how it works and what this new program can do for you.
As you approach eligibility for Medicare, Benefit Design will help you tailor supplemental insurance to meet your specific needs.