Medicare Supplement vs Medigap: What’s the Difference?

Medicare can provide affordable and convenient avenues toward essential health care and medical services. However, navigating the program’s various options and features can be complicated and confusing.

At Tennessee State Insurance, we often hear questions about the difference between Medicare Supplement and Medigap plans. If you’re a senior or Medicare-eligible individual in Knoxville, TN, we can help you make informed decisions about your health coverage.

Are Medicare Supplement and Medigap the Same?

One of the most common sources of confusion is the terminology. In fact, “Medicare Supplement” and “Medigap” refer to the same type of insurance. Both terms describe private insurance policies designed to help pay for health care costs that Original Medicare (Parts A and B) doesn’t cover.

Why Should I Consider This Coverage?

Original Medicare can cover many health care expenses, but it doesn’t pay for everything. That’s where Medicare Supplement and Medigap plans come in. These policies can help with:

• Out-of-pocket costs like deductibles and copays
• Coverage for medical care when traveling abroad

Choosing the Right Medigap Plan

Medigap plans are standardized by the federal government, which means the benefits for each plan type (e.g., Plan G or Plan N) are the same across various insurance companies. Still, premiums and customer service can vary. Our team at Tennessee State Insurance is here to help you compare options, understand enrollment periods and find an arrangement that fits your needs and budget.

How Tennessee State Insurance Can Help

We know that every individual’s health care needs are unique. Our experienced agents guide you through the process, answer your questions and make certain you understand how supplemental insurance can work alongside your Medicare coverage.

Ready to explore your options? Contact us today to speak with our team and get personalized support.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.