What Medigap policies don’t cover
Medigap policies don’t cover long-term care (like care in a nursing home), vision or dental care, hearing aids, eyeglasses, and private-duty nursing.
Types of coverage that are NOT Medigap policies
• Medicare Advantage Plans (Part C), like an HMO, PPO, or Private Fee-for-Service Plans
• Medicare Prescription Drug Plans (Part D)
• Medicaid
• Employer or union plans, including Federal Employees Health Benefits Program (FEHBP)
• TRICARE
• Veterans’ benefi ts
• Long-term care insurance policies
• Indian Health Service, Tribal, and Urban Indian Health plans
• Generally, you must have Medicare Part A and Part B to buy a Medigap policy.
• You pay a premium for your Medigap policy to the private insurance company, in addition to the monthly Part B premium that you pay to Medicare.
• A Medigap policy only covers one person. If you and your spouse both want Medigap coverage, most likely, you each will have to buy separate Medigap policies.
• You can buy a Medigap policy from any insurance company that is licensed in your state to sell one to you.
• If you want to buy a Medigap policy, follow the “Steps to buying a Medigap policy.”
• Any standardized Medigap policy is guaranteed renewable even if you have health problems. This means the insurance company can’t cancel your Medigap policy as long as you pay the premium.
• Although some Medigap policies sold in the past cover prescription drugs, no new Medigap policies are allowed to include prescription drug coverage.
• If you want prescription drug coverage, you may want to join a Medicare Prescription Drug Plan (Part D) offered by private companies approved by Medicare.
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