Florida Medigap Plans Medicare Supplement Insurance

Florida has Standardized Medigap Policies

Florida Medigap insurance carriers are required to adhere to state and federal laws that are designed to protect consumers. Medigap plans must be clearly identified as Medicare Supplement Insurance. Each standardized plan is identified by letters A through N and must offer the same identical benefits as all other plans with the same letter. The only variance is the monthly premium.

Each of the lettered Medigap plans offer the core coverage provided by Plan A. Plans B through N have a varying range of additional coverage. This way you can choose an appropriate policy based on the amount of insurance you need.

Insurance companies are free to choose the policies they offer, although Florida state laws might affect which ones they can offer. Carriers offering Medigap policies:

• Don't have to offer every Medigap plan
• Must offer Medigap Plan A if they offer any Medigap policy
• Must also offer Plan C or Plan F if they offer any plan

For more information, visit your state's Department of Insurance website at http://www.myfloridacfo.com/.

Medigap Works with Medicare Part D

Medigap does not cover your prescriptions. By law, Medicare Supplement insurance must be in lock-step with Original Medicare. So, if Medicare does not cover it, a supplement policy can't cover it.

Here's the complete list of Medicare Prescription Drug Plans available in Florida.