FAQs

What is Medicare Supplement (Medigap) insurance?

Medicare Supplement insurance, commonly known as Medigap, is coverage offered by private insurance companies to help pay for costs not fully covered by Original Medicare, such as deductibles, copayments, and coinsurance. While insurers set their own premiums, the benefits for each plan type are standardized by the federal government.

What does Medigap coverage help pay for?

Medigap plans are designed to help cover out-of-pocket costs associated with Medicare Parts A and B, including hospital deductibles, skilled nursing coinsurance, and certain copayments. Coverage varies by plan type.

How much does Medigap insurance cost?

Medigap costs depend on the plan you choose, your location, age, and the insurance carrier. Since benefits are standardized, pricing is often the biggest difference between providers. Cornerstone Senior Hub can help compare plans from multiple carriers to find the most competitive premium for your needs.

Who should consider a Medigap plan?

Medigap may be a good option for individuals who want predictable healthcare costs and fewer out-of-pocket expenses. It’s especially helpful for those who prefer seeing providers nationwide without network restrictions.

How many Medigap plans are available?

There are 10 standardized Medigap plans available in most states, labeled Plans A through N. Each plan offers a different level of coverage, allowing you to choose one that fits your healthcare and budget needs.

Can I have Medigap and Medicare Advantage at the same time?

No. You cannot be enrolled in a Medicare Advantage plan and a Medigap plan simultaneously. Medigap works alongside Original Medicare, while Medicare Advantage replaces it.

When is the best time to enroll in Medigap?

The best time to enroll is during your Medigap Open Enrollment Period, which begins when you’re 65 or older and enrolled in Medicare Part B. During this time, you can enroll without medical underwriting.

Does Medigap include prescription drug coverage?

No. Medigap plans do not include prescription drug coverage. If you want help covering medications, you’ll need to enroll in a separate Medicare Part D plan.

Can I see any doctor with Medigap?

Yes. Medigap plans generally allow you to see any doctor or hospital nationwide that accepts Medicare, without needing referrals or staying within a network.

Do Medigap plans change benefits every year?

No. Medigap plan benefits remain the same as long as you keep your policy. However, premiums may increase over time depending on the insurer and pricing method.

How does Cornerstone Senior Hub help with Medigap plans?

Cornerstone Senior Hub works with a wide range of insurance carriers to compare Medigap plans, explain your options clearly, and help you enroll in coverage that fits your healthcare needs and budget.