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Compare Medicare supplement insurance plans. Medigap plans, which private insurance companies offer, may help cut Medicare out-of-pocket costs. Standardized plans vary in availability and cost.
A person can get a Medigap plan during the 6-month Medigap open enrollment period (OEP), which starts the first day of the month when a person turns 65 years old and has enrolled in Medicare Part B.
A Medicare supplement plan, also known as Medigap, is extra insurance a person can buy from a private health insurance company to help pay for costs that Original Medicare (Part A and Part B) do ...
A person must also pay their 2024 Medicare Part B premium of $185 and any out-of-pocket costs that a particular plan does not cover. Any plan with the same letter will offer the same benefits ...
Costs for Medicare Supplement insurance vary widely. The 2020 Medigap Price Index found that someone turning 65 could pay more than three times more [clarification needed] for virtually identical coverage. Among the top-10 metro areas, the lowest cost for a male age 65 was $109-per-month available in Dallas, Texas.
Many companies sell Medicare supplement plans. Plan costs vary based on the company and where you live. Learn tips for choosing a Medigap plan and company.
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