Medicare covers about 80% of your health care claims, the rest is paid by you unless you have a Medigap plan. Even the popular Advantage plans have significant out of pocket costs, especially when you receive out of network treatment.
Yes, Medigap is worth the cost of the monthly premium. Medicare Part A & B only covers about 80% of the cost of your healthcare. The remaining 20% does not have a cap. You pay 20% of everything with no max. Why would someone subject themselves and their family to that when they can have $0 out of pocket or very little with a Medigap Plan?
A Medigap Plan will cover what Medicare Part A & B does not. Depending on what plan you go with you could have little to no out of pocket. It is far easier to budget a monthly premium knowing you will never have a large expense come when you least expect it.
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Only you can answer that.
Medicare covers about 80% of your health care claims, the rest is paid by you unless you have a Medigap plan. Even the popular Advantage plans have significant out of pocket costs, especially when you receive out of network treatment.
A Medigap Plan will cover what Medicare Part A & B does not. Depending on what plan you go with you could have little to no out of pocket. It is far easier to budget a monthly premium knowing you will never have a large expense come when you least expect it.