Why Should I Buy A Medigap Policy? 
A Medigap Policy -LRB- Medicare Supplement insurance -RRB- offers great peace of mind when it comes to your health care . Original Medicare Part A and Part B , generally cover 80 % of your Medicare approved amounts for covered medical costs . Medigap Plans will help pay that remaining 20 % by covering the costs of copays , coinsurance , and deductibles . Some people think they do n't need a Medigap Plan because they have n't had any health issues . While that is great news , we do n't have a crystal ball to predict the future . A Medigap Plan that is already in place is there to offer that protection when you need it . If you wait until a significant health issue arises , it may be too late . Medicare Supplement insurance companies use medical underwriting to issue policies . If you 're not in a Guaranteed Issue or Initial Enrollment situation , you will have to answer health questions . Medigap policies do not fall under the Affordable Care Act umbrella , so insurance companies can deny you a policy based on your health . I 'll close with an example of a lady who called me wanting to add a Medigap Plan to her Original Medicare Part A and Part B . She was diagnosed with breast cancer and had a mastectomy . As you can imagine , her hospital and doctor bills were substantial and she was looking for some help . I had to share the unfortunate news with her that because of her recent diagnosis she would not be able to apply for a Medigap policy at this time , but possibly in two years we could re-evaluate her situation . That 's quite a bit of time for more bills to pile up . Had she already put a Medigap Plan in place , her savings would be substantial . Just for example sake , a Medigap Plan F might cost someone $ 130 a month or $ 1,560 over twelve months . Still a lot lower than 20 % of a $ 100,000 operation . A couple of the most popular Medigap Plans are Plan F and Plan G. & nbspMedigap Plan F will cover all Medicare approved amounts . You do not have to pay any deductibles , co-insurance , or co-pays . Plan G acts just like Plan F after you have met the small Part B deductible -LRB- $ 147 in 2014 -RRB- . If you would like more information about the benefits of Medigap Plans , please feel free to contact me at 1-888-411-1329 . You can also visit my website at www.remedigap.com and check out my client testimonials . 