You can enroll in a Prescription Drug Plan due to changes made by The Medicare Prescription Drug Improvement and Modernization Act of 2003. The legislation created new drug coverage options for seniors eligible for Medicare.
When asking what is a Medicare Supplement, it is first important to understand Medicare and how it works. Medicare covers 80% of approved health care expenses. Medicare Supplements, also known as Medigap Plans, are designed to cover the remaining 20%.
The following Medicare Supplement Benefit Guide will help you compare plans. There are only nine areas of coverage to consider when comparing. All standardized plans cover a portion of these benefits.