Definitions for "Medicare Supplement Insurance"
In the United States, health insurance coverage designed to provide benefits for certain expenses not covered under Medicare, such as Medicare deductible amounts and copayments. This coverage is available only to individuals who are covered by Medicare. Also known as Medigap insurance. See also Medicare.
Medicare supplement insurance is a Medigap policy. It is sold by private insurance companies to fill "gaps" in Original Medicare Plan coverage. Except in Minnesota, Massachusetts, and Wisconsin, there are 10 standardized policies labeled Plan A through Plan J. Medigap policies only work with the Original Medicare Plan. (See Gaps and Medigap Policy.)
Medicare supplement insurance is actually a Medicare Supplement policy sold by private insurance companies to supplement Original Medicare coverage. Except inMinnesota, Massachusetts, and Wisconsin, there are 10 standardized policies labeled Plan A through Plan J. Medicare Supplement policies only work with Original Medicare.