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Fortune
Fortune
Richard Eisenberg

RARE PHOTOS: What to know before you buy a medigap policy | Vintage Vibes

(Credit: Getty Images)

A Medigap policy, also known as Medicare Supplemental Insurance, can be a huge help lowering some of your out-of-pocket health costs if you’re on Original Medicare (it’s not available for people with private Medicare Advantage policies also known as Medicare Part C).

“If you’re financially able to afford a Medigap plan, I would recommend you absolutely find the policy that’s best for you that provides the coverage you need, or may need down the road,” said Kristina Raner, program manager for the Medicare Improvements for Patients and Providers Act at the National Council on Aging.

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