Suppose that you wanted to purchase insurance that is sold by a private insurance company that will help bridge the gap in your Medicare coverage. You would purchase what type of insurance?

Question

Quizplus · Accepted Answer

Medigap insurance, also known as Medicare Supplement insurance, is designed to help cover the out-of-pocket costs that Medicare does not cover, such as deductibles, copayments, and coinsurance. Medigap insurance is sold by private insurance companies and can help bridge the gap in Medicare coverage. The other options listed either do not exist or are not commonly used names for this type of insurance.

Suppose That You Wanted to Purchase Insurance That Is Sold