What do Medigap plans help cover for services that are medically necessary?

Medigap plans, also known as Medicare Supplement Insurance, are designed to help cover out-of-pocket costs associated with Medicare for services that are medically necessary. Specifically, they take care of expenses such as coinsurance and deductibles that Medicare doesn’t fully cover. For instance, after a person has met their Medicare Part A or Part B deductibles, they are still responsible for coinsurance amounts when receiving care; Medigap can help alleviate these additional costs. This additional coverage is particularly beneficial for seniors, as it reduces their financial burden when accessing essential health services.

While monthly premiums for Medicare Parts A and B, emergency care, and health plan network restrictions may be relevant to other aspects of Medicare or health plans, they do not fall under the primary function of Medigap plans, which is focused on assisting with cost-sharing elements like coinsurance and deductibles.