What is Medi-Gap? Medi-Gap helps fill in the financial gaps where Medicare leaves off. In most cases, Medicare pays about 80% of your medical expenses leaving you a gap. A Medi-Gap. A Medi-Gap plan focuses on the out-of-pocket expenses such as copayments, co-insurance, and deductibles of Medicare Part A and B. Medicare has several parts for coverage, Part A, Part B, Part C, and Part D, and the Medi-Gap plans. Once an individual turns 65, they may qualify for certain Medicare benefits and services. Medi-Gap insurance can start as soon as Part B coverage is in place. Medicare Part A helps cover against catastrophic events, and patient care in hospital, skilled nursing facility, hospice, and home health care. An average knee replacement, hip replacement, or heart attack can cost you $40,000 or more. In most cases, leaving you with $8,000 or more to pay, let Medi-Gap help cover that risk for you. Medicare Part B helps cover doctors and other healthcare-provided services. Hospital outpatient care, durable medical equipment, and home health care. Also, many preventative services to help maintain your health and keep certain illnesses for getting worse. Part D Medicare helps lower and cover your drug prescription costs. Let's not forget about Part C. Part C, or Medicare and Manage Health Plan options run by Medicare-approved private insurance companies. Offer benefits and services covered in Part A, Part B, and usually Part D. Some of these advanced plans may offer extra benefits for extra cost, and may offer maximum coverage with no need for additional supplement. But for those that do, get maximum coverage with Medi-Gap. Feel free to pause the video and view some basic Medi-Gap plans available in your area. Thanks for watching!