Question

Medigap insurance is a government medical insurance plan only provided to the needy. True False

Medigap insurance is a government medical insurance plan only provided to the needy.

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False
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Answer #1

False.

Reason-Firstly, Medigap insurance policies are sold by private companies. It is a separate supplemental private insurance coverage.

It offers financial protection that is not covered by original medicare, such as co-payments, deductibles.

For medigap policy, one must have Medicare Part A and Part B and it only covers one person.

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