Medicare Supplement plan – is it for you?

DreamhealthQuotes can assist you in locating the ideal Medicare Supplement plan so you can resume doing the things you truly enjoy. There is no requirement to sign up.

Happy active senior couple outdoors

Medigap Insurance – Plans

Medicare Part A and Part B coverage gaps may be filled through Medigap insurance policies, sometimes referred to as Medicare Supplement plans. There are out-of-pocket expenses associated with Medicare Parts A and B (Original Medicare) if you visit the doctor or hospital somewhat frequently. Basic benefits including deductibles, coinsurance, and copayments provided by Medigap plans help to close these gaps. Depending on the type of Medigap coverage, the monthly premium cost can vary, but it is often offset by decreased annual out-of-pocket expenses for medical care.

Salient Features of Medigap Insurance

Medigap Plans Comparison

There are eight Medicare Supplement plans available in the majority of states with standardized contracts. That implies that the benefits provided by different Medicare Supplement insurers are somewhat identical. Typically, the price of the monthly payment is the sole distinction between Medigap policies. Medigap plans range from A to N (Plans C, E, F, H, I, and J are discontinued for new enrollments). While titles of some of the Medicare Supplement plans may sound familiar to those of standard Part A and Part B of Medicare, they are not the same.

A comparison between Medigap plans is in the below table for your ease and understanding:

Compare Medigap Plans with Us

We can compare Medigap plans from reputable Medicare insurance providers. To get started on your free Medigap insurance quote, enter your zip code below.

Why should you consider a Medicare Supplement Plan?

Medicare Supplement plan can lessen the burden of out-of-pocket expenses that Original Medicare doesn’t cover. To make sure you get the best suited Medicare Supplement Plan for you and your circumstances, DreamHealthQuotes can assist you in comparing several options.

Benefits of the Medicare Supplement Plan

Each of the eight plans offers different Medicare Supplement plan features, but each must include some or all of the following essential benefits:

You can visit any doctor who accepts Medicare, regardless of whether the doctor accepts Medicare assignment, which is another significant advantage of a Medigap plan. If your doctor accepts an assignment, it implies that they are willing to accept payment from your Medigap insurance provider in the form of the Medicare-approved amount for the care you got. If your doctor entertains Medicare but not Medicare assignment, you might have to submit the claims to your insurance provider and pay the doctor directly.

Before Signing Up for Medicare Supplements, do Think about these 3 Aspects

Keep the following in mind as you are ready to enroll in a Medicare Supplement plan:

  1. Requirements and Restrictions for Medigap Plans

  • To get a Medicare Supplement or Medigap policy, you must have both Medicare Parts A and B.
  • A Medicare Supplement policy may only provide coverage for one person. Both you and your spouse will require separate policies if you both want Medigap coverage.
  • Medicare Supplement and Medigap plans do not provide coverage for prescription medications. You can purchase a Medicare Prescription Drug Part D plan for your prescription drug needs if you can’t locate a supplement plan that works for you.
  • In general, Medigap policies do not cover long-term care, hearing aids, eyeglasses, vision or dental treatment, long term inpatient facility, or private nursing.
  • Some plans might not be accessible in all states.
  • Medicare Advantage (Part C) and Medicare Supplement are two distinct types of plans.

  1. Coverage under Medicare Supplement Insurance

  • When you turn 65, you become eligible to buy a Medigap policy (Medicare Supplement Insurance). Medicare A and B must already be active on your account. Even if you have health issues, you are permitted to purchase any Medigap policy offered in your state during this time.
  • Plan G and Plan N are the two most popular Medicare Supplement plans.
  • Medicare Supplement Plan G is considered the widest coverage plan which fills up all the gaps left by Medicare Parts A and B.
  • Your Medicare Supplement policy has a monthly premium that you pay to a commercial insurance provider. You must also pay this fee in addition to the Medicare Part B premium.
  • Even if you have health issues/history, any standardized Medigap coverage is certain to renew every year. This implies that as long as you continue to pay the premiums, the insurance company cannot cancel your Medicare Supplement policy.

  1. Do Compare Medicare Advantage Plans with Medicare Supplement Insurance

You should be aware of the distinctions between Medicare Advantage and Medicare Supplement before enrolling in a Medicare Supplement plan. Here is a quick breakdown of how the two differ:

Medicare Supplement

  • Geared towards bridging any gaps in Original Medicare (Part A and Part B) coverage.
  • Includes, in most cases, a higher monthly premium and lower out-of-pocket costs.
  • Covers all 50 states, with some plans even offering coverage while travelling abroad.
  • Covers any medical professional or facility that accepts Medicare.

Medicare Advantage

  • A substitute for the original Medicare (Parts A and B).
  • Medicare Supplement typically costs less and frequently covers more treatments.
  • Restricts you to using the HMO’s or PPO’s network of medical professionals, and may not pay for care received elsewhere.
  • Can only be used in a specific jurisdiction.

Let’s Discuss the Costs of Medigap Plan

You must pay a monthly fee to the insurance provider in addition to your Medicare Part B premium if you apply for a Medicare Supplement plan. The kind of plan you get, the insurance provider, your region, and your age are just a few of the variables that affect the price of a Medicare Supplement plan. Although there are differences in premiums across insurance carriers, all conventional Medigap plans offer the same benefits. For instance, a Medigap Plan C policy provides the same benefits regardless of the provider from which you purchase it.

cost of mediap plan

The cost of Medigap policies can be determined in one of three ways, despite the fact that insurance providers must provide the same benefits for all plans.


  • Community-rated: Regardless of age, everyone with a Medigap coverage typically pays the same monthly price. The inflation rate and other factors may cause premiums to increase, but your age is not one of them.


  • Issue-age-rated: The premium is calculated based on your age at the time you purchased your Medigap policy. If you are young of age at the time of purchase, your premiums are lower and won’t increase as you age. The inflation rate and other factors may cause premiums to increase, but your age is not one of them.


  • Attained-age-rated: Your premium will rise as you mature because it is based on your present age. When you are younger, your premiums are cheaper; as you get older, they rise steadily. Additionally, premiums may rise as a result of inflation or other circumstances.


DreamhealthQuotes can help you compare and shop for the Medicare Supplement plan that’s best for you. We can even take you step-by-step through the process. There is no obligation to enroll, so save yourself some time by letting us do the comparison.

Enroll in a Medicare Supplement Plan in Your State

Plans for Medicare Supplement Insurance are offered by commercial insurance providers in every state. As your representatives, we can walk you through the Medigap plan choices and address any queries you may have. We can assist you in comparing Medicare insurance plans in your state to locate the one that best suits your requirements and price range.

All you have to do is fill up a simple contact form with your details, state, and zip code and one of our representatives will be happy to get in touch with you to share detailed information pertaining to best coverage in your state.

DreamHealthQuotes can Help You Find the Best Medicare Supplement Plan for Your Needs.

Allow DreamhealthQuotes to handle the legwork so you may avoid the time and stress of figuring out your Medicare options on your own. We can help you choose the best Medicare plan for your needs and budget by quickly comparing the options available to you and completing the enrollment process on your behalf.