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	<title>New answer on: What Does Medigap Insurance Mean?</title>

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		<title>By: Jason Goldenzweig</title>

		<link>https://insurancelibrary.com/medicare-insurance/what-does-medigap-insurance-mean</link>

		<dc:creator>Jason Goldenzweig</dc:creator>

		<pubDate>Tue, 24 Jun 2014 14:26:53 +0000</pubDate>

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		<description><![CDATA[Medigap insurance are health plans that cover all or a portion of the gaps in your Original Medicare (Medicare Parts A &#038; B) coverage. Original Medicare only covers approximately 80% of your healthcare expenses. While 20% may not seem like a lot, it can add up to substantial medical bills very quickly.

The big advantage of Medigap plans are that they can help you create a very predictable healthcare expense structure which is extremely beneficial for those on a fixed income.

There are 10 different plans to choose from and each Medigap plan features a different combination of benefits, however, they are all standardized (meaning the benefits are the exact same under a given Medigap plan regardless of which company you buy it from).

Determining which Medigap plan is right from you and which carrier to apply for the plan through can be a bit more involved than some may realize. It&#039;s not all about price as some may believe. You need to look at the carriers&#039; premium rating methods (community, attained, or issue age rated), their rates, their rate increase history, their service history, and other factors. It&#039;s best to consult with an experienced Medigap broker who can help you determine which plan and carrier will be most suitable to your desires, needs, and budget.

I hope the information is helpful - please feel free to contact me for help and if you have any other questions. Thanks very much.]]></description>

		

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		<title>By: Bob Vineyard</title>

		<link>https://insurancelibrary.com/medicare-insurance/what-does-medigap-insurance-mean</link>

		<dc:creator>Bob Vineyard</dc:creator>

		<pubDate>Thu, 25 Apr 2013 21:07:34 +0000</pubDate>

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		<description><![CDATA[Medigap insurance is another name for Medicare supplement insurance.
 
Medicare only covers about 80% of approved claims. You are responsible for the balance. That means copay&#039;s deductibles and coinsurance is your liability unless you have a Medigap policy.
 
Your responsibility under Medicare is unlimited unless you have a Medicare supplement policy.]]></description>

		

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