Do I Need Medigap Insurance? 
Do you need Medigap insurance or a `` Medicare Supplement '' plan as it is often referred to ? There really is not a right or wrong answer . As previously stated , 20 % of your expenses may potentially not be covered . However , when you factor in the premium you pay for a Medigap plan , it is possible that you could pay more dollars in premiums than you receive from the policy . Conversely , you may also pay -LRB- as an example -RRB- , $ 1200 per year in premiums and save $ 4800 in out of pocket expenses . Not a bad rate of return ! By reviewing your options with a reputable experienced broker , and/or a reputable website , you 'll be provided unbiased information to make an informed decision . Ed 