Why Should Individuals Purchase Medigap Insurance Policies?
- 21750 POINTSview profileJim WinklerCEO/Owner, Winkler Financial Group, Houston, TexasThat is a great question! The reason they are needed is because there is a big gap between what Medicare pays for, and what you get billed for. The difference is almost a fifth of the total cost, and we all know that can add up quickly. The medigap plans help cover some of that gap, and often for services that medicare wont. I hope that helps, thanks for asking!Answered on November 3, 2014flag this answer
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