You must weigh the risk of paying medical costs yourself against paying for medigap insurance. Most states limit the number of different types of medigap plans that can be sold. In these states, in order for a company to sell a medigap plan, the benefits must conform to one of 10 standard benefits packages. This makes it much easier for consumers to compare medigap plans. If you have one medigap plan, you need not buy a second.
Most experts agree that one medigap policy per person is enough.
If you want to buy more health insurance, consider a different type. Some long- term care policies pay only when a nursing home provides the care. Other plans will also pay for the care given in the person's home. Before you buy long-term care insurance, it is important that you understand what is covered, in what settings, and under what conditions. Long-term care insurance has not been available for very long.