Medigap coverage is offered to Medicare beneficiaries by which type of payer?

Medigap coverage is offered to Medicare beneficiaries by which type of payer?

• A. Private third-party payers
• B. The federal government
• C. Hospitals
• D. Employer group plans

Answer: (A)

Medigap is Medicare supplemental insurance sold to beneficiaries by private insurance companies. Although Medicare is a federal program, Medigap policies are issued and paid for by private third-party payers that contract with CMS. The private insurer handles the premium and claims for the standardized benefits, not the federal government, hospitals, or employer group plans.

Medigap is Medicare supplemental insurance sold to beneficiaries by private insurance companies. Although Medicare is a federal program, Medigap policies are issued and paid for by private third-party payers that contract with CMS. The private insurer handles the premium and claims for the standardized benefits, not the federal government, hospitals, or employer group plans.