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Medicare Supplemental insurance is also called Medigap insurance. It got this name because it covers the gaps left by medicare.
This is directly from the Medicare and You 2009 Book: When you have other insurance, there are rules that decide whether Medicare or your other insurance pays first. The insurance that pays first is called the "primary payer" and pays up to the limits of its coverage. The one that pays second, called the "secondary payer," only pays if it covers any of the costs left uncovered by the primary coverage. If you have other insurance, tell your doctor, hospital, and pharmacy so your bills get paid correctly. If you have questions about who pays first, or you need to update your other insurance information, call Medicare's Coordination of Benefits Contractor at 1-800-999-1118. TTY users should call 1-800-318-8782. You can view the details here: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf
Medicare supplement insurance, sometimes called Medigap, helps cover some of the costs not covered by Medicare. It is purchased from private insurance companies and is different from the Medicare Advantage Plan.
When you have other insurance, there are rules that decide whether Medicare or your other insurance pays first. The insurance that pays first is called the "primary payer" and pays up to the limits of its coverage. The one that pays second, called the "secondary payer," only pays if it covers any of the costs left uncovered by the primary coverage. For more information, see the Medicare and You 2009 book: http://www.medicare.gov/Publications/Pubs/pdf/10050.pdf (page 74) that page 74 only discussing if you are working. i am not working.
pertaining to medical insurance; primary secondary TERTIARY IS THE ANSWER
Medicare is a government subsidized medical insurance program. There is no company called "Medicare Billing". Medicare billing information, however, can be found on the United States Government Medicare website.
They are called Transfer Payments
Medicare
Medicare is medical insurance that the government provides at age 65- but it does NOT cover all medical expenses. A Medicare Supplement plan is additional insurance that you buy from a private company that will cover the medical expenses that Medicare does not cover.
They make different options for senior citizens to obtain healthcare insurance. This is called Medicare. You can sign up on the government website for Medicare.
This refers to insurance plans, called "Advantage Private-Fee-for-Service" plans, that one buys to accompany their Medicare since Medicare does not cover all costs (neither do these insurance plans). Many of these Advantage PFFS plans have a zero premium, hence they are called "no cost". They can offer a zero premium because this type of plan receives compensation from Medicare directly to provide coverage; in essence, Medicare is paying the monthly premium rather than the participant.
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