Medigap polices cover which of the following?
A) Difference between major medical reimbursement and patient financial responsibilities
B) Difference between Medicare reimbursement and patient financial responsibilities
C) Any services not covered under Medicare
D) Any services not covered under Major medical

Question

Quizplus · Accepted Answer

Medigap policies cover the difference between Medicare reimbursement and patient financial responsibilities. Basic medical coverage for Medicare Part B is 80% after the deductible; this means that all Medicare patients are financially responsible for 20% of the allowed fee schedule for every service. So some Medicare beneficiaries choose to purchase a privately sponsored supplemental health insurance policy to help cover the additional 20% medical cost incurred; these supplemental health insurance plans are known as Medigap policies.

Medigap Polices Cover Which of the Following