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A traditional Medi-Gap or "Medicare Supplement Plan" is designed to pick up all or most of the cost left behind by original Medicare. A Medi-Gap Plan works with original Medicare and there are 11 standardized plans.
A Medi-Gap or "Medicare Supplement" is offered by private insurance companies to help pay all or most of the cost left behind by Medicare Part A and B. These plans have the following features and benefits
*Most plans do not have a co-pays except Plan N
Medicare supplement plans are not subject to Medicare compliance laws as are other types of Medicare health plans and Part D drug plans. You are allowed to select a Medicare supplement plan without going through underwriting or being subject to eligibility questions if:
Also Medicare supplement plans are not subject to the "Annual Open Enrollment" as the other Medicare plans are, once you've chosen a Medicare supplement plan, that's all you have to do, no other action will ever be required and the plan will automatically renew on your anniversary date.
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