A Medicare supplemental insurance policy can help you better budget your money every month and provide additional benefits that aren’t covered under Original Medicare. Medicare supplemental plans are available from private insurance companies.
However, there’s no one-size-fits-all solution when it comes to choosing your supplemental insurance. Many different plans exist, each of which offers a different level of protection.
Although you buy Medicare supplement plans through a private insurance carrier, the plans remain standardized across the board. Regardless of the insurance company, you’ll get the benefits denoted by the supplement plan’s letter, such as F, G, M, or N.