When turning the age 65, many seniors enroll in Original Medicare Part A and Part B. Part A typically covers Hospital Insurance such as hospital care, skilled nursing facility care, nursing home care, hospice, and home health services. Part B typically covers Medical Insurance such as preventative services, durable medical equipment, hospital outpatient services, laboratory tests and X-rays. Unfortunately, Original Medicare does not cover everything and there could some out-of-pocket expenses you will be responsible in paying for. Situations like these can arise so many seniors purchase Medigap coverage to help pay for some of these out-of-pocket costs.
According to AAMSI, there are almost 12.2 million Medigap policies in force in the United States. Also, 9 out of 10 Medigap beneficiaries have been highly satisfied with their coverage plan!
Want Medigap coverage? Here are 10 things you should show about Medigap Insurance. (Info-graphic Below)