Seniors with Medigap insurance overwhelmingly value this supplemental coverage. In fact, 90 percent of Medigap beneficiaries are satisfied with their coverage, according to a survey conducted by AmericanViewpoint. Behind this significant approval rating are several qualities that beneficiaries often point to when asked why they are pleased with their policies. This includes:

Financial Security

Under traditional fee-for-service Medicare, seniors with no additional benefits are at risk of incurring significant health care expenses. Where Medicare leaves off, Medigap picks up; providing additional insurance that helps protect against unpredictable and catastrophic health care bills.

Predictability

Out-of-pocket costs are predictable for seniors with Medigap insurance. Standardized coverage for co-payments, co-insurance and deductibles helps beneficiaries budget for their health care expenses on an annual basis.

Choice

Medigap policyholders have the freedom to choose from a wide range of providers, because most policies cover any provider that takes Medicare patients. Medigap insurance allows patients to avoid having to select a provider network or obtain a referral to see a specialist.

Reliability

Seniors take comfort in knowing that benefits do not change from year-to-year under the federally-standardized Medigap plans. Also, when someone first enrolls in Medicare Part B they are guaranteed access to Medigap, which means that coverage is available regardless of any pre-existing conditions or illnesses.