Medicare was not designed to cover all health care needs you may encounter in retirement. Many of us are in original Medicare and we have supplemental policies, also known as Medigap Policies. (Some seniors choose the Medicare Advantage Plan, in which case you don’t need a supplemental policy; you can compare Original Medicare with Medicare Advantage here) We’re getting close to the time of year when we can look at changing, if we want to do that. That time period is coming up, November 10 through the end of the year.
Supplemental plans are offered by private insurance companies throughout the country. Some states have different regulations for supplemental policies, so you should check online regarding what your state may require.