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Medigap Policy

Medigap Policy

Definition

Medigap Policy — also known as Medicare supplemental insurance, various private health insurance plans sold to supplement Medicare in the United States. It covers many of the co-payments and some of the coinsurance charges related to Medicare-covered hospital, home health care, ambulance, skilled nursing facility, medical equipment, and physician charges. Some Medigap policies insure extra benefits not covered by Medicare.

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