Medigap (Medicare Supplement Insurance)

What Is Medigap?

Original Medicare (Parts A & B) covers many health care services — but not everything. You’re still responsible for costs like copayments, coinsurance, and deductibles.

That’s where a Medigap policy (also called Medicare Supplement Insurance) comes in.

A Medigap plan helps pay for those “gaps” in coverage — so you can protect your savings and enjoy predictable health care costs. These policies are offered by private insurance companies but are regulated by Medicare, ensuring standardized benefits and consumer protection.

How Medigap Works

When you have Original Medicare and a Medigap plan:

• Medicare pays its share of approved health care costs.
• Your Medigap plan then pays its share (based on your plan type).

This partnership helps minimize your out-of-pocket expenses for hospital stays, doctor visits, and other covered services.

Key Benefits of a Medigap Plan

✅ Lower Out-of-Pocket Costs – Helps pay for deductibles, copayments, and coinsurance.
✅ Freedom to Choose Providers – See any doctor or hospital that accepts Medicare — no network restrictions.
✅ Predictable Health Care Costs – Budget confidently with consistent monthly premiums.
✅ Travel Coverage – Some Medigap plans include coverage for medical care outside the U.S.
✅ Guaranteed Renewable – As long as you pay your premiums, your coverage can’t be canceled — even if your health changes.

Types of Medigap Plans

Medigap plans are labeled with letters — A, B, C, D, F, G, K, L, M, and N — and each offers a different combination of benefits.

While the coverage is standardized across insurance companies,  premiums may vary, so it’s important to compare options.

Common plan highlights include:

• Plan G: One of the most popular choices for new Medicare beneficiaries.
• Plan N: Offers solid coverage with lower monthly premiums (small copays apply).
• Plan F: Available only to those eligible for Medicare before January 1, 2020.

Who Is Eligible for Medigap?

To enroll in a Medigap plan, you must:

• Be enrolled in Medicare Part A and Part B.
• Live in a state where the plan is offered.
• Apply during your Medigap Open Enrollment Period— the six months after you turn 65 and enroll in Part B.

During this time, you can’t be denied coverage or charged higher premiums due to health conditions.

Why Choose Burgmann Insurance Group

At Burgmann Insurance Group, we make Medicare simple.
We’ll walk you through each plan, explain the differences, and help you find the best Medigap policy for your health needs and budget.

As an independent agency, we partner with multiple top-rated insurance companies — giving you unbiased advice and the freedom to choose.