Medicare Supplement Plans (Medigap)
Peace of mind, wherever life takes you.
If you have Original Medicare (Parts A and B), you’re responsible for about 20% of your healthcare costs — and there’s no annual limit on what you might pay. That’s where Medicare Supplement Insurance — also called Medigap — comes in.
Medigap policies help pay for some or all of those “gaps” in Medicare coverage, like co-pays, coinsurance, and deductibles. They’re sold by private insurance companies and are regulated by both federal and state laws to ensure consistency and fairness.
What Does a Medigap Policy Cover?
With a Medigap policy:
- Medicare pays first (usually 80% of approved costs)
- Your Medigap plan pays next (typically the remaining 20%)
- You just pay your monthly premium to the insurance company
The result? Predictable out-of-pocket costs and fewer billing surprises.
Where Are You Covered With Medigap?
Medigap plans offer nationwide coverage — and many even include limited emergency coverage abroad.
That makes Medigap a great option if you:
- Travel frequently in the U.S.
- Want the freedom to see any doctor or hospital that accepts Medicare — no networks or referrals needed
- Spend time in multiple states or enjoy RV living in retirement
Wherever you go, your coverage goes with you.
Types of Medigap Plans
Medigap plans are standardized and labeled by letter (A through N). Each plan offers a different combination of benefits — but a Plan G from one company is the same as a Plan G from another.
What’s different? The monthly premium you’ll pay — and how each insurance company increases rates over time. That’s why comparing carefully matters (and why we’re here to help).
When Should You Enroll in Medigap?
Your best window to enroll in a Medigap plan is during your Medigap Open Enrollment Period:
- It starts the first day of the month you’re 65 or older and enrolled in Medicare Part B
- It lasts for six months
You can begin the process up to 3 months before your 65th birthday, and your plan can take effect the month you turn 65 — as long as you’ve enrolled in Medicare Part B by then.
During this enrollment window, you can choose any plan available to you — without having to answer health questions. After this period, you may still apply, but the insurance company could:
- Deny you coverage
- Charge a higher premium based on your health
Some states offer additional or extended enrollment opportunities — we’ll help you understand your options and timeline.
Medigap Plans Are “Guaranteed Renewable”
Once you’re enrolled in a Medigap policy, it’s yours for life, as long as you pay your premiums. Even if your health changes, your plan can’t be canceled by the insurance company.
But if you leave your plan voluntarily, getting back in later may require medical underwriting (health questions). So it's important to choose wisely upfront — and we're here to help you get it right.
What About Drug Coverage?
Medigap plans do not include prescription drug coverage (Part D). If you choose Medigap, you’ll need to enroll in a standalone Part D drug plan (also called a PDP) during your Initial Enrollment Period to avoid penalties.
Need help finding the right drug plan to pair with your Medigap coverage? We’ve got you covered.
Planning for Retirement?
If you’re retiring soon and currently have employer coverage, make sure you sign up for Medicare Part B once that
Let’s Tailor Your Medigap Coverage Together
Choosing a Medicare Supplement plan doesn’t have to be confusing. At Tailored Medicare, we’ll help you compare your options, explain the fine print, and find the best plan at the best price — based on your health, your travel habits, and your budget.
for friendly, expert help at no cost to you.