Medicare Supplement, also known as Medigap, plans complete your client’s Medicare Parts A and B coverage. Beneficiaries of Medicare can choose to pay premiums to private insurance companies like Mutual of Omaha and Gerber Life and when they need health care their supplemental policy covers the extra costs. These supplemental insurance policies are standardized by the Centers for Medicare and Medicaid Services (CMS) so all of the companies offer the same plans to consumers.

Medicare Select is a lower cost option offered from the same private insurance companies that offer Medicare Supplements. In a variety of plan choices, Medicare Select plans work with Medicare just like Medigap does and when your client buys a Select plan they are buying a Medicare Supplement policy.