In 2018, you will be able to choose from the same list of Medigap plans as you can right now. The Medigap 2018 list of plans isn’t changing, nor is their coverage. So, if you are looking ahead for the coverage plan to purchase in the future, you can start looking at the plans that are available right now.
Now, Medigap is able to provide a wealth of coverage for those who need some additional support to pay their medical expenses. That coverage isn’t free, by any means, and you will have to pay for any coverage plan you want. The Medigap plans, while created by Medicare, are only available through insurance companies. Numerous companies carry them, and they all have different prices for the various plans.
If you are paying a lot for your medical expenses right now or you think you will be soon, then Medigap coverage may be perfect for you. You definitely want to look at the price that’s being charged for the coverage plan you think you should get and then compare that cost to how much you pay every month in medical expenses. If you believe you would save money by signing up for Medigap, then you should do so.
Medigap is only available to those who already have Medicare. If you are not yet eligible for Medicare or you don’t plan to sign up for it, then you won’t be able to sign up for Medigap either. You should also realize that Medigap and Medicare have no overlapping coverage. Where Medicare falls short in covering certain medical expenses, Medigap helps out, providing that additional coverage. If you have a plan that would overlap with Medigap, such as a Medicare Advantage plan, then you will have to drop that plan first before you can sign up for Medigap.
Before you can determine if Medigap will be right for you, you first have to examine how much coverage it offers. Now each of the 10 different plans provides differing amounts of coverage. Plan F will cover everything possible, while Plan A covers very little in comparison.
How much coverage you receive is up to you. Just choose the plan you want that has the kind of coverage you are looking for.