Medicare Supplemental Insurance Quotes - Medicare Supplements Made Easy

What's the difference between Medicare Supplement and Supplemental Insurance?

Posted by Julia Gilels

Turning 65 can be overwhelming with all of the options for secondary Medicare insurance being offered.  Questions that may plague you among others are, “What’s the difference between Medicare Supplement and Supplemental Insurance?”, “What is Medicare Supplementary Insurance?”, or “ What is a Medigap policy?”. Fortunately, Medicare Supplements Made Easy can answer all of your questions and much, much more. We have a plethora of articles on Medicare Supplements in every state across the nation, plus Medicare Supplement FAQs, and several articles of specific features of Medicare and supplementary insurance. The question, “What’s the difference between Medicare Supplement and Supplemental Insurance?” will be a thing of the past.

To answer that question is to simply say, “ Medicare Supplements and supplemental insurance are exactly the same”, and they are. Supplemental insurance is just another name for a Medicare Supplement. Medicare Supplements are specifically crafted to supplement that gaps that traditional Medicare leaves behind. The gaps I’m referring to consist of the remaining 20% of all hospital and doctor costs, the Part A hospital deductible of $1132 every 60 days you enter, and the Part B doctor deductible of $162 once a year.

Every state has its own system of mandated lettered Medicare Supplement plans. The plan letters start at Plan A and end at Plan N. Each different letter plan represents a unique cost and coverage point. In my professional opinion, there are really only three Medicare Supplement policies worth purchasing. Plan D covers every gap traditional Medicare leaves you exposed to BESIDES the Part B doctor deductible of $162 annually. Plan N is a brand new plan Medicare introduced in June of 2010. It was put into place to offer a much lower monthly premium than the traditional Medicare Supplement policies. Plan N is designed a little like a Medicare Advantage plan, in that Plan N requires its beneficiaries to pay a $20 co-pay to visit any doctor and a $50-copay to enter the emergency room. Plan N is like Plan D in that it covers everything except the Part B hospital deductible.

Regardless of which state you live in, Plan F is the most comprehensive Medicare Supplement plan available. It literally covers every gap traditional Medicare leaves exposed to its beneficiaries. The only bill you have to worry about is the affordable monthly premium. These monthly premiums are based on your zip code. Need a free Medicare Supplement quote? Visit Medicare Supplements Made Easy today!

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