This class focused on Medigap, also known as Medicare Supplement Insurance. Medigap plans help cover certain out-of-pocket costs that Original Medicare doesn’t, like deductibles, copayments, and coinsurance. The session explained how to find the right Medigap plan and what factors to consider when choosing one.

Key Takeaways and Next Steps

Understanding Medigap
Medigap helps fill coverage gaps in Original Medicare (Parts A and B).
It is crucial to note that Medigap is different from Medicare Advantage; you cannot have both.
Eligibility for Medigap
The best time to purchase a Medigap plan is during your Medigap Open Enrollment Period, which starts when you’re 65 or older and your Part B is activated.
You may also qualify for a plan under guarantee issue rights, especially when losing other health coverage.
Choosing the Right Plan
The most popular Medigap plans are Plan G and Plan N, with Plan G offering comprehensive coverage.
When comparing plans, focus on more than just the monthly premium—consider the insurance company’s reputation and history to avoid potential long-term price increases.
Medical Underwriting
If you apply for Medigap outside the open enrollment period, you may need to undergo medical underwriting, which can affect your eligibility.
Finding Information
Visit Medicare.gov for Medigap plan details in your area or consult independent insurance agents and SHIP counselors for personalized assistance.