Do You Need Medigap? How to Choose the Right Supplemental Insurance for Retirement

Even with Medicare, healthcare costs can catch many retirees by surprise. That’s why understanding Medigap—also known as Medicare Supplement Insurance—is so important.

Medigap is private insurance that helps pay for healthcare costs not covered by Original Medicare (Parts A & B), such as copayments, coinsurance, and deductibles. It’s designed to “fill the gaps” in your Medicare coverage, so you’re not left footing big bills when you need care most.