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Private companies offer Medicare supplement insurance, known as Medigap. The Wisconsin Physicians Service (WPS) offers health insurance plans, including Medigap.
It is the most popular Wisconsin-based Medicare supplement plan in the state, with more than 42,000 members, based on enrollment data submitted to the National Association of Insurance Commissioners, 2015. In 1966, the year Medicare was established, WPS was named the Medicare administrator for the state of Wisconsin.
Private insurance companies, such as Cigna and Aetna, offer supplement policies, called Medigap, to help cover some Medicare out-of-pocket costs. People choose a supplement company for various ...
Medicare supplement plans, also called Medigap plans, are offered by private insurance companies to help pay for out-of-pocket Medicare costs. There are 10 Medicare supplement (Medigap) plans.
Since Medigap is private insurance and not government sponsored, the rules governing the sale and offerings of a Medigap insurance policy can vary from state to state. Some states such as Massachusetts, Minnesota, and Wisconsin require Medigap insurance to provide additional coverage than what is defined in the standardized Medigap plans.
Unlike some insurers who offer customers Medicare supplement plans, this company pays 100% of Part A coinsurance and up to 100% of Part B coinsurance, which may benefit people who use or may later ...
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