Consider Medicare supplemental (Medigap) policy


Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Most people purchase a supplemental policy, called a Medigap plan, to help fill in the holes in Medicare Part A and B.

These Medigap insurance policies are standardized and defined by the government, but are sold and administered by private companies. What this means is coverage is the same for all companies offering Medigap insurance, but cost and service provided may differ.

The following resources may assist you in understanding Medicare supplemental policies:

What Is Medicare Supplement Insurance?

How Medicare Works With Other Insurance

How to Compare Medicare Supplemental Policies

When to Select Medicare Supplemental Insurance


Entering Retirement Tasks

1. Selecting your retirement lifestyle
2. Estimating your monthly retirement income
3. Setting up your spending plan
4. Enrolling in Social Security and Medicare
5. Managing taxes during retirement

Enrolling in Social Security and Medicare Subtasks

1. Decide when to take Social Security
2. Manage spousal Social Security benefits
3. Enroll in Medicare
4. Consider Medicare supplemental (Medigap) policy

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