About Medicare Supplements
A Medicare Supplement, or Medigap, policy, helps pay your share of the health care costs that Original Medicare (Part A and B) does not cover.
This limits annual out-of-pocket costs, including copays and coinsurance for hospitals stays, and picks up your 20% share of costs once you meet your Part B deductible.
Plans are standardized A-N, which means all companies are required to provide the same coverage. However, the companies can charge different premiums for the standardized plan.
Ex. Company A sells plan G for $101. Company B sells plan G for $145. Coverage for both plans will be the same, but the pricing is different.