cheapest supplemental health insurance to medicare

Beginning in 2010, consumers will see dramatic changes in available Medicare Supplement Plans, including the addition of two plans and the elimination of four plans. The changes, which take effect on June 1, 2010, will lower out-of-pocket expenses to consumers and give consumers some additional benefits in their current plans.

Medicare Supplement Plans, also called Medigap Insurance policies, are plans that are sold by private insurance companies to cover healthcare costs that are not covered by Medicare in Original Medicare Plans. Individuals are eligible for Medicare healthcare coverage if they are at least 65 years old or have a qualifying disability.

Currently, there are 12 different types of Medicare Supplement Plans, labeled Plan A through Plan L. Each different plan offers a unique set of benefits. Different plans may be available in different parts of the country.

Medicare Supplement Plans must abide by all Federal and State laws that are designed to protect consumers. However, because these plans are sold through private insurers, prices for the same plan may vary from insurer to insurer.