Get Medigap Costs
Medigap premiums (an amount you pay each month) vary depending on the insurance company, the plan, and where you live. The benefits in each lettered plan are the same, no matter which insurance company sells it. The premium amount is the only difference between policies with the same plan letter sold by different companies. There can be big differences in the premiums that different insurance companies charge for the same coverage, so be sure you compare Medigap plans with the same letter (for example, compare Plan G from one company with Plan G from another company). When you compare Medigap plans, you’ll see their estimated costs so make sure you contact the insurance company for a more accurate price. Compare the costs of Medigap plans in your area.
When you buy a Medigap policy, you’ll pay the private insurance company a monthly premium. Your insurance company will let you know how to pay for your monthly premium. You also have to pay your monthly Part B premium. Medicare doesn't pay the premiums for your Medigap policy. Premium amounts typically increase each year.
Most Medigap insurance companies will get your Part B claim information directly from Medicare. Then, your Medigap policy will pay its share directly to your doctor. Some Medigap insurance companies also provide this service for Part A claims.
If your Medigap insurance company doesn't get your claims information directly from Medicare, ask your doctors if they "participate" in Medicare. This means that they "accept assignment " for all Medicare patients. If your doctor participates, the Medigap insurance company is required to pay the doctor directly, if you ask them to.
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