Medicare Supplements

Medicare Supplement Insurance
A Medicare Supplement Insurance policy, sold by private companies, can help pay some of the health care costs that Original Medicare doesn't cover, like copayments, coinsurance, and deductibles.
Some policies also offer coverage for services that Original Medicare doesn't cover, like medical care when you travel outside the U.S. If you have Original Medicare and you buy a supplemental policy, Medicare will pay its share of the Medicare-approved amount for covered health care costs. Then your supplemental policy pays its share.
8 Things To Know About Supplemental Policies
1)  You must have Medicare Part A and Part B.

2)  If you have a Medicare Advantage Plan, you can apply for a supplemental policy, but make sure you can leave the Medicare Advantage Plan before your supplemental policy begins.

3)  You'll pay the private insurance company a monthly premium for your supplemental policy in addition to the monthly Part B premium that you pay to Medicare.

4)  A supplemental policy only covers one person. If you and your spouse both want supplemental coverage, you'll each have to buy separate policies.

5)  You can buy a supplemental policy from any insurance company that's licensed in your state to sell one.
6)  Any standardized supplemental policy is guaranteed renewable even if you have health problems. This means the insurance company can't cancel your supplemental  policy as long as you pay the premium.

7)  Some supplemental policies sold in the past cover prescription drugs, but supplemental policies sold after January 1, 2006 aren't allowed to include prescription drug coverage. If you want prescription drug coverage, you can join a Medicare Prescription Drug Plan (Part D).

8)  It's illegal for anyone to sell you a supplemental policy if you have a Medicare Medical Savings Account (MSA) Plan.