Millions of Americans aged 65 and older enjoy the benefits of Medicare, the government program to provide free medical care to those who need it. It's a wonderful program, and provides assistance to untold numbers of senior citizens who had nowhere else to go. As important and helpful as Medicare is, however, it doesn't cover everything, and you could find yourself unable to pay for more medical help even if you have it. In order to make sure they're covered for things Medicare doesn't take care of, millions of people subscribe to Medigap programs.
Medigap programs are just what they sound like - programs designed to cover gaps in Medicare coverage. These Medigap programs are optional, and cost their subscribers fees. These fees are usually paid on a monthly basis. Those eligible for Medigap programs must be enrolled in Medicare Part A or B.
There are 12 different Medigap programs (Plans A through L). They are all sold and managed by private insurance companies, and all are required by law to cover basic benefits, but some include different coverage, such as care during foreign travel, home nursing care, at-home recovery, preventive care, and coverage for various deductibles.
Medigap policies are sold on an individual basis, so if you're eligible, and you're thinking about getting a Medigap coverage plan or plans, you will have to buy the plan alone - it won't cover your spouse.
Finally, Medigap plans all vary in price, so you need to determine whether or not it's truly necessary for you. As with all insurance policies, the general rule of thumb is the more the better, but of course, not everyone can afford comprehensive health care coverage.
To learn more about Medicare and Medigap, be sure to speak with a qualified health care professional. In addition, there are many non-profit organizations devoted to helping people navigate the extremely complex world of health care, Medicare and Medigap.
