When it comes to making Medicare coverage choices, you may be considering a Medicare supplement insurance plan, also known as a Medigap plan. A Medigap plan helps pay some of the out-of-pocket costs that Medicare Parts A & B doesn’t, such as deductibles, copayments and co-insurance.
Medigap plans, also called Medicare supplement insurance plans, cover some of the costs not paid by Original Medicare (Parts A & B). For example, Medicare Part B typically pays 80 percent of the cost for a covered service, such as a doctor visit. You would be responsible for the other 20 percent of the cost, which a Medigap plan may cover.
Original Medicare (Part A and Part B) doesn’t cover everything. Some people choose to buy Medicare supplement insurance (also called Medigap) to help pay some of the expenses that Medicare doesn’t pay.
Some of us enjoy an alcoholic drink every once in awhile. Maybe it’s a glass of wine at dinner or a beer at the ball game. As long as you drink in moderation, you should be okay, right?
One question many Medicare beneficiaries ask is, “Will Medicare pay for my hearing aid?” The short answer is “No.” Original Medicare does not cover routine hearing exams, hearing aids or hearing aid fittings. Medicare Part B (medical insurance) does cover diagnostic hearing and balance exams if your doctor or other health care provider orders these tests to see if you need medical treatment for a recent injury or illness, such as vertigo or other balance problems.