Medicare Supplement policies (also known as Medigap policies) are standardized and must follow federal and state laws designed to protect you. Insurance companies can only sell you a “standardized” policy identified in most states by letters (see the chart below).

All policies offer the same basic benefits but some offer additional benefits, so you can choose which one meets your needs. As you can see in the comparison chart there are many options from which to choose. As licensed insurance agents we can help you understand the differences between the plans so that you can decide on the right plan for you.

Policy Benefits

All policies offer the same basic benefits but some offer additional benefits, so you can choose which one meets your needs. As you can see in the comparison chart there are many options from which to choose. As licensed insurance agents we can help you understand the differences between the plans so that you can decide on the right plan for you.

In Massachusetts, Minnesota, and Wisconsin, Medigap policies are standardized in different ways.

Insurance Companies and Medigap Policies

Did you know that each insurance company decides which Medigap policies it wants to sell, although state laws might affect which ones they offer? Insurance companies that sell Medigap policies:

  • Don’t have to offer every Medigap plan
  • Must offer Medigap Plan A if they offer any Medigap policy
  • Must also offer Plan C or Plan F if they offer any plan

Keep in mind, that the Medicare Supplement policies cover co-insurance after you’ve paid the deductible (unless the Medigap policy also pays the deductible).

Compare Medicare Supplement Plans Side-By-Side

The chart below shows basic information about the different benefits Medigap policies cover.

  • Yes = the plan covers 100% of this benefit
  • No = the policy doesn’t cover that benefit
  • % = the plan covers that percentage of this benefit
  • N/A = not applicable

Source: www.medicare.gov