Forethought Medicare Supplement - Comprehensive Review

This article is for informational purposes only and is not affiliated with or endorsed by Forethought Life Medicare Supplement or any subsidiaries.

Forethought Life Insurance Company, part of the Global Atlantic Financial Group, offers Medicare Supplement Insurance—commonly known as Medigap—to help beneficiaries cover certain out-of-pocket costs not paid by Original Medicare (Part A and Part B).

What Is Medicare Supplement (Medigap) Insurance?

Medicare Supplement insurance, also known as Medigap, is private insurance designed to help pay for some of the healthcare costs that Original Medicare (Parts A and B) doesn't cover. These policies are sold by private insurance companies and work alongside Original Medicare to reduce your out-of-pocket expenses.

Medicare Supplement plans can help pay for:

• Medicare Part A deductibles (hospital stays)
• Medicare Part B deductibles (medical services and outpatient care)
• Coinsurance and copayments for Medicare-covered services
• Excess charges when doctors charge more than Medicare's approved amount
• Foreign travel emergency care (limited coverage)
• Additional hospital days beyond Medicare's coverage limits

Note: Medicare Supplement plans are standardized by the Federal Government and labeled with letters (Plan N, Plan G, Plan F, etc.). Each plan type offers the same benefits regardless of which insurance company sells it, though premiums can vary between companies.

About Forethought Life Insurance Company

Forethought Life Insurance Company is a subsidiary of Global Atlantic, a well-established insurance and retirement services provider. While Forethought is known for its final expense and annuity products, it also offers Medicare Supplement Insurance in several U.S. states.

Medicare Supplement Plans Offered by Forethought Life

Forethought Life offers a variety of the standardized Medicare Supplement plans. These may vary depending on where you are located. Some of these plans may include:

• Medigap Plan G: Offers broad coverage, except it does not cover the Medicare Part B deductible.

• Medigap Plan N: Similar to Plan G in terms of coverage but with copayments for some doctor and emergency room visits and does not cover Part B excess charges or the Part B deductible.
• Medigap Plan F: Covers all standardized Medigap benefits, but is only available to individuals who became eligible for Medicare before January 1st, 202.

Where Are Forethought Medigap Supplement Plans Available?

Forethought Medicare Supplement plans are available in select states across the U.S., with availability depending on:

• State regulations

• ZIP code

• Age and tobacco status

• Medicare enrollment date

For accurate information on plan availability in your area, consult your state’s Department of Insurance or speak with a licensed Medicare insurance agent.