Medicare SELECT

Medicare SELECT is a type of Medicare Supplement Insurance (Medigap) plan that offers coverage for Medicare out-of-pocket costs not covered by Original Medicare, such as deductibles, coinsurance, and copayments. Medicare SELECT plans are similar to traditional Medigap plans but require beneficiaries to use healthcare providers within a designated network to receive full coverage benefits. If beneficiaries use providers outside the plan’s network, coverage may be limited, and they may be responsible for higher out-of-pocket costs. Medicare SELECT plans offer the same standardized benefits as other Medigap plans but may be more cost-effective for individuals who are willing to use network providers. Beneficiaries can choose from different Medicare SELECT plans based on their healthcare needs and preferences, ensuring access to comprehensive coverage while minimizing out-of-pocket expenses.