Medicare is one of the most well liked and accepted programs by seniors and those on Social Security disability. In our opinion, it is Not because Original Medicare Part A and Part B are all in one comprehensive coverage, because it is not. Original Medicare provides a foundation to your health care, kind of like a chassis to a car. If the car did not have options for doors. windshields, air conditioner, heater, and shocks just to name a few it would be a difficult and bumpy ride. It is the secondary insurance such as a Medicare Supplement (Medigap plan) that makes it so attractive and allows you to anticipate your annual healthcare expenses each year.

In addition, affordability of the Medicare program is a direct result of Medicare beneficiaries prepaying into the Medicare program for a minimum of 10 years prior to receiving benefits. The true cost of the benefit is not reflected in their everyday cost of Medicare.

Medigap plans allow you to mitigate some or all your out-of-pocket costs associated with Medicare services, lowering your overall health care expenses. Here is what you need to know about Medigap plans.