30 March A Few Myths about Medicare Supplement, or Medigap March 30, 2017 By Editor Medicare Supplement fraud, medicare, medicare supplement, medigap, seniors 0 Myth: You can only switch plans during open enrollment. Fact:The truth is a Medicare Supplement beneficiary can change their coverage at any point throughout the year. There are certain periods, however, that allow you to avoid answering medical questions that could keep you from getting a Medigap plan. Open enrollment, for example, is the 6-month period that begins after you turn 65 and receive Medicare Part B. For our full article on the various Medicare Supplement election periods, visit: Why-Its-Not-Too-Late-To-Get-Guaranteed-Medigap-Coverage Myth: Medigap offers a restricted network of doctors. Fact: Unlike most Medicare Advantage plans, Medicare Supplement plans, also known as Medigap, allow you to see the doctor of your choice. Myth: Since all Medicare Supplement companies offer the same products, I should buy from the largest, most well-known company. Fact: Medigap plans will perform exactly the same way, but their prices will not. The most well-known companies don’t always have the best rates in your state, so make sure to get your Medigap quote to compare monthly premiums. Visit our Medicare Supplement Plans page for plan information. Related Posts Unpacking Medicare Supplement: Part 4 Medigap Maggie's learning journey reaches its end and epilogue. Here, further details and potential scenarios are given, and questions are answered. Unpacking Medicare Supplement: Part 2 Maggie continues her quest to learn more about healthcare at age 65 and beyond. In Part 2 of our blog series, she discovers the myriad of details that make up this supplemental insurance. How Much Can a Medigap Plan Save You When Medical Bills Stack Up? We Did the Math. A Medicare Supplement plan, also called a Medigap plan, is designed to cover the healthcare costs that Medicare won't. In order to show how important a Medigap plan can be in protecting you from out-of-pocket costs, we calculated how much money a Medigap plan would save you in the event of an unlikely, yet completely possible, serious medical issue. Unpacking Medicare Supplement: Part 1 Along with Medicare, Medicare Supplement or Medigap can give assist in providing more thorough health insurance. Join Maggie as she embarks on a five-part journey to better understand just how beneficial Medicare Supplement coverage can be. What are the Advantages of choosing a Medigap policy over a Medicare Advantage policy? If you are already enrolled in Medicare Part A and Part B you will have a choice between a Medicare Supplement (aka Medigap) plan or a Medicare Advantage plan. Medicare Supplement Plans (Medigap) Chart 2018 A quick look at the 2018 Medicare Supplement Plan (Medigap) benefits Comments are closed.