Medicare Supplement (Medigap) Plans
Fill the gaps in your Medicare coverage with trusted Medigap guidance from SAFE HANDS INSURANCE SERVICES
Medicare Supplement plans help Texans cover the out-of-pocket costs that Original Medicare doesn’t pay, like deductibles and coinsurance. Safe Hands Insurance Services compares
Medicare Supplement plans to find coverage that provides financial peace of mind and flexibility to see any Medicare-approved doctor, hospital or service provider in the United States.
Understanding Medicare Supplement Coverage
How Medigap Works for Medicare Beneficiaries
Medicare Supplement (Medigap) plans are private insurance policies that work alongside Original Medicare Parts A and B. They help pay for expenses Medicare leaves behind—like copays, deductibles, and coinsurance. Plans are standardized by letter (Plans A through N), meaning the benefits for each plan type are identical no matter which insurer offers it. The most popular options today are Plan G and Plan N, valued for their balance of comprehensive coverage and affordability. With a Medigap policy, you can see any provider nationwide that accepts Medicare, offering flexibility that many Advantage plans can’t match.
Benefits of Medicare Supplement Plans
Why Many Medicare Beneficiaries Prefer Medigap for Predictable Healthcare Costs
- All-in-One Convenience: Combines hospital, medical, and prescription coverage into one plan.
- Extra Benefits: Many plans include vision, dental, hearing, over-the-counter allowances, and gym memberships.
- Predictable Costs: Annual maximum out-of-pocket limits help cap medical expenses, unlike Original Medicare.
- Affordable Options:
Some plans offer low or even $0 monthly premiums, making them accessible for many seniors.
Costs and Key Considerations
Understanding Premiums and Plan Differences
Medigap plans charge a monthly premium, typically higher than Medicare Advantage plans, but offer lower out-of-pocket costs when care is needed. Rates vary based on factors like age, tobacco use, and where you live. It’s also important to know that Medigap policies don’t include prescription coverage—you’ll need a separate
Part D drug plan. Some plans, like Plan F, are no longer available to new enrollees after 2020. If you’re within your six-month Medigap Open Enrollment period (starting when you enroll in Part B at age 65), you can choose any plan without medical underwriting. Safe Hands Insurance Services walks with you to ensure that you make the best choices for your Medicare journey.
How Safe Hands Insurance Services Can Help
Personalized Comparison and Enrollment Support
As an
independent insurance broker, Safe Hands Insurance Services focuses on what’s best for you, not any single company. Whether you’re enrolling for the first time or reviewing your coverage, we’ll guide you every step of the way. Our advisors compare rates from multiple carriers to help you find the most affordable Medigap coverage for the same standardized plan. We explain the difference between Plan G, Plan N, and other options so you can make a confident choice.
Answers About Medicare Supplement Plans
Guidance for choosing the right Medigap plan
What do Medigap plans cover?
Medigap plans cover most out-of-pocket costs left by Original Medicare, including hospital coinsurance, skilled nursing care, and doctor visit copays. Popular options like Plan G cover everything except the Part B deductible, leaving you with nearly full coverage after meeting that small amount.
Can I enroll in a Medigap plan anytime?
During your Open Enrollment Period, you can apply for a Medigap plan at any time, but if you’re outside your six-month Medigap Open Enrollment Period, you may have to answer health questions for approval. During your initial enrollment, insurers can’t deny you coverage or charge more due to medical history. Safe Hands Insurance Services can help determine your best timing and options.
Do Medigap plans include dental or vision coverage?
No, Medigap plans only cover medical costs that Original Medicare doesn’t. If you want dental or vision coverage, we can pair your supplement with a standalone plan for complete protection.
What’s the difference between Plan G and Plan N?
Plan G covers nearly all Medicare-approved costs except the Part B deductible, while Plan N has a slightly lower premium but small copays for doctor visits and emergency room care. Both are strong options depending on your health needs and budget.
Will my Medigap premium increase over time?
Yes, premiums may rise gradually due to due to age, inflation and the medical loss ratio (MLR) of the insurance carrier. If your current rate becomes too high, Safe Hands Insurance Services can review your plan and compare rates from other carriers to help keep your costs manageable.