- Medicare SELECT is a type of Medicare Supplement Insurance (Medigap) policy that is offered by private insurance companies. These policies are designed to provide coverage for the out-of-pocket costs that are not covered by Original Medicare (Parts A and B), such as deductibles, copays, and coinsurance.
- One of the main benefits of Medicare SELECT is that it can provide individuals with additional coverage for their medical expenses. These policies are designed to help individuals to manage the out-of-pocket costs associated with their Medicare coverage and can provide coverage for a wide range of medical services and supplies.
- It is important to note that Medicare SELECT policies have certain rules and restrictions on coverage, and individuals may be required to use specific providers in order to receive benefits. In addition, these policies may have deductibles, copays, and coinsurance for certain services.