Medigap policy

Definition of "Medigap policy"
  1. An insurance policy, offered by private insurers, designed to cover expenses not addressed by the Original Medicare Plan, available in 10 standardized forms except in Massachusetts, Minnesota, and Wisconsin, and only applicable alongside the Original Medicare Plan
How to use "Medigap policy" in a sentence
  1. After doing a cost-benefit analysis, she decided to buy a Medigap policy to cover additional healthcare expenses.
  2. With rising health costs, a Medigap policy can provide peace of mind for seniors.
  3. He purchased a Medigap policy to avoid financial strain caused by uncovered medical expenses.

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