What Does No Gap Mean In Health Insurance?

1. 

   1305 POINTS

   view profile
   Neil Steinman

   Owner, Orange County Health & Life Insurance,

   "Gap" generally applies to a "hole" in coverage - in other words, the amount that the insurance does not cover. There is Gap coverage available for Medicare (Medicare Supplements and Medicare Advantage Plans). For pre-65 health insurance, you can buy supplemental coverage such as Critical Illness and Accident plans. These are fairly inexpensive and pay cash directly to you if the specified accident or illness occurs. It's your money to spend as you wish. You could pay your rent or mortgage while recovering, pay your deductible, go to Disneyland... whatever you want!

   Answered on April 27, 2014

   flag this answer
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.