Medicare Supplement (Medigap)

What Medigap covers

Medigap works alongside Original Medicare (Parts A & B). After Medicare pays its share, your Medigap plan pays some or all of the remaining costs. Most popular plans — like Plan G — cover the Part A deductible, coinsurance, and all Medicare-approved Part B costs after the annual deductible. Plan N offers lower premiums with small copays for office visits.

Best time to enroll — guaranteed issue

Your Open Enrollment Period is the 7-month period that begins 3 months before the month you turn 65, includes the month you turn 65, and 3 months after your birthday month. During this window, insurers cannot deny you coverage or charge you more based on health conditions. After this window closes, you may be subject to medical underwriting — making it critical to enroll at the right time. If you enroll prior to your birthday month, you can start on the 1st day of your birthday month.

If you're retiring down the road, don't worry, you'll have a 6-month window to pick your guaranteed Medigap plan the moment you enroll in Part B after your company insurance ends. Ask me about how to time those two dates together perfectly so you don't face a gap in coverage or medical underwriting.