What is Medicare Supplement Insurance?

Medicare Supplement Insurance = A private insurance policy that covers many of the gaps in Medicare coverage (also called Medigap insurance coverage). Source: National Association of Insurance Commissioners A Shopper’s Guide to Long-Term Care Insurance...

What is Medicare?

Medicare = The federal care program providing hospital and medical insurance to people aged 65 or older and to certain ill or disabled persons. Benefits for nursing home and home health services are limited. Source: National Association of Insurance Commissioners A...

What is Medicaid?

Medicaid = A joint federal/state program that pays for healthcare services for those with low incomes or very high medical bills relative to income and assets. Source: National Association of Insurance Commissioners A Shopper’s Guide to Long-Term Care Insurance...