Which term refers to a policy that supplements Medicare coverage?

Prepare for the CCBMA Administrative Exam with our quiz. Focus on key areas through flashcards and multiple-choice questions. Detailed hints and explanations included. Ace your test with confidence!

Multiple Choice

Which term refers to a policy that supplements Medicare coverage?

Explanation:
Medicare supplement policies, often called Medigap, are private plans that pay for costs Medicare doesn’t fully cover—such as deductibles, coinsurance, and copayments—so you have lower out-of-pocket expenses for services Medicare covers. The term Medi-gap is used to describe this type of policy. It works alongside Medicare Part A and Part B, but usually does not include prescription drug coverage, which would require a separate Part D plan.

Medicare supplement policies, often called Medigap, are private plans that pay for costs Medicare doesn’t fully cover—such as deductibles, coinsurance, and copayments—so you have lower out-of-pocket expenses for services Medicare covers. The term Medi-gap is used to describe this type of policy. It works alongside Medicare Part A and Part B, but usually does not include prescription drug coverage, which would require a separate Part D plan.

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