The Core Value — What is a Medigap Plan?

A Medicare Supplement Insurance policy (commonly called Medigap) is extra insurance you can buy from a private company to filter out the leftover financial risks of Original Medicare.

Original Medicare (Parts A and B) pays for many of your healthcare services and supplies, but it leaves significant "gaps" in coverage—such as high deductibles, copayments, and an unrestricted 20% coinsurance liability that could easily drain your retirement savings.