Medicare is a federal health insurance program that covers a range of medical expenses for people aged 65 or older and those under 65 with specific disabilities. While Medicare provides essential coverage, it doesn't cover everything. That's where Medigap insurance plans come in.
Medigap or Medicare Supplement plans are private insurance policies that help cover out-of-pocket expenses that Medicare doesn't cover. These plans are designed to work alongside original Medicare, providing additional benefits and financial protection for beneficiaries.