Medicare Supplement

Medicare Supplement Insurance, or Medigap, is designed to complement Original Medicare by covering out-of-pocket costs such as copayments, coinsurance, and deductibles. This additional coverage ensures greater financial stability, especially for individuals who require frequent medical care or wish to limit their unexpected expenses.

At Little River Retirement & Insurance, we understand that managing healthcare costs is a priority for many, and Medigap plans provide the peace of mind you need for a secure future.

Unlike Medicare Advantage, which replaces Original Medicare, Medigap works alongside it. To enroll in a Medigap plan, you must already be enrolled in Medicare Parts A and B. Medigap policies are standardized and identified by letters, such as Plan G, Plan N, or Plan F (if eligible). Each plan offers a different level of coverage, but the benefits remain consistent across providers. For example, Plan G covers almost all Medicare-approved costs except the Part B deductible, making it a popular choice.

One of the main benefits of Medigap is the freedom to choose any doctor or specialist who accepts Medicare. There are no restrictive networks or referrals required, allowing you to access care when and where you need it. This flexibility is especially valuable for those who travel frequently or live part of the year in another location.

Medigap policies also ensure predictable healthcare expenses. By covering costs like Part A deductibles and excess charges under Part B, you can better manage your budget and avoid surprise bills. However, it’s important to note that Medigap does not cover services like prescription drugs, dental, vision, or hearing care. For medication coverage, a separate Part D plan is necessary.

At Little River Retirement & Insurance, we help you navigate the range of Medigap options, explaining each plan’s benefits and costs in detail. Factors such as your age, location, and health history can influence premiums, so we work closely with you to find the most suitable and cost-effective plan.

Medigap is an excellent option for individuals who value flexibility and comprehensive financial protection. With the right plan, you can minimize healthcare expenses and focus on maintaining your health. Contact Little River Retirement & Insurance to learn more about Medigap and secure a plan tailored to your needs.