Medigap
Senior coverage addition
Medigap is supplemental health insurance sold by private companies to cover gaps in Medicare coverage—deductibles, copayments, and services Medicare doesn't pay for.
The policies are standardized by letter (Plan A, Plan G, etc.), each offering different levels of coverage: She bought a Medigap policy to cover her hospital deductibles.
coverage
Pre-coverage personal payments
- coinsurancePercentage you owe
- copaymentsPatient's portion of charges
- out-of-pocketPaid from personal funds
- hospitalizationFormal entry into medical care
policyholder
Designated asset receiver
- premiumAdded cost for better
- carrierOne that transports
- insurerEntity providing financial protection
- brokerTransaction intermediary for hire
agent · renewal · cancellation · portability · claims · reimbursement
enrollment
State of meeting criteria
- underwritingRisk evaluation and acceptance
- applicationFormal request document
- approvalFavorable opinion given
comparison
Network-based insurance plan
- PPOPreferred provider organization
- fee-for-servicePayment per procedure rendered
- MedicaidPublic health coverage for poor
deductibles
Pre-coverage personal payments
- coinsurancePercentage you owe
- copaymentsPatient's portion of charges
- out-of-pocketPaid from personal funds
beneficiary
Designated asset receiver
broker · agent · renewal · cancellation · portability · claims · reimbursement
eligibility
State of meeting criteria
- underwritingRisk evaluation and acceptance
- applicationFormal request document
- approvalFavorable opinion given
HMO
Network-based insurance plan
- PPOPreferred provider organization
- fee-for-servicePayment per procedure rendered
- MedicaidPublic health coverage for poor
- health insurancepremium, deductible, copay, coverage, health insurance card
- health plansHMO, PPO, EPO, group plan, family plan
- healthcare programsMedicaid, CMS, beneficiary, beneficiaries, eligibility
- public insuranceMedicaid, FDIC, FEMA, VA benefits, flood insurance
- retirementretirement, retire, retirement age, retirees, retirement income