The Ohio Department of Insurance has a reminder posted "reminding Ohioans soon approaching or currently on Medicare, that recent law changes to “modernize” Medicare supplemental insurance became effective June 1, 2010. The changes include the adjustment of some of the plan benefits, the addition of new plans, and a reduction of choices from 14 to 11.
"Also referred to as Medigap and MedSup, the coverage is sold by private insurance companies to help Medicare beneficiaries pay the coinsurance, copayments, or deductible amounts not covered by Original Medicare. The policies are “standardized” and the plans are sold as the same identical letters by each company. Monthly premiums vary from plan to plan and from company to company. Generally, you must be 65 or older when you buy a Medigap policy and have Medicare Part A (hospital insurance) and Part B (medical insurance)."
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