Atlas Insurance Services, LLC
■ You must have Part A and Part B.
■ You pay the private insurance company a monthly premium for your Medigap policy in addition to your monthly Part B premium that you pay to Medicare.
■ A Medigap policy only covers one person. Spouses must buy separate policies.
■ It’s important to compare Medigap policies since the costs can vary and may go up as you get older.
■ If you have a Medicare Advantage Plan, it’s illegal for anyone to sell you a Medigap policy unless you’re switching back to Original Medicare.
Medicare Supplement Insurance policies, sold by private companies, can help pay some of the health care costs that Original Medicare doesn’t cover, like copayments, coinsurance, and deductibles. Medicare Supplement Insurance policies are also called Medigap policies.