Indemnity plans for Medicare

Scott McEvoy, Licensed Insurance Agent HealthMarkets Insurance Agency • July 6, 2026

People who are on Medicare Advantage plans may pay out-of-pocket costs (or expenses) such as coinsurance, deductibles and co-pays. 

A pair of hands holds a white, open-top container filled with vibrant orange and purple flower buds.

Original Medicare is offered through the government, while Medicare Advantage plans are offered by private insurance companies approved by Medicare to provide coverage. 


People who are on Medicare Advantage plans may pay out-of-pocket costs (or expenses) such as coinsurance, deductibles and co-pays. 


This can help you feel more informed about how your Medicare coverage fits your needs and financial considerations.


For example, if you are hospitalized and have a deductible or other out-of-pocket costs, an indemnity plan may provide a fixed benefit that can help with those expenses, depending on the coverage.


People with Original Medicare may have out-of-pocket expenses and sometimes consider a Medigap plan, which may help with certain costs. Medigap premiums can vary and may increase over time.


Cost may be an important consideration for many individuals evaluating Medicare coverage. 

Different types of plans and supplemental products are available, and each works differently depending on your situation.


If you’d like to learn more about options that may help with out-of-pocket expenses, I can review your current coverage and help you understand what may be available to you. This can help you feel more informed about how your Medicare coverage fits your needs and financial considerations. 


As always, my guidance is available at no cost to you.


HealthMarkets Insurance Agency is located at 9551 Vista Way in Garfield Hts. To reach Scott McEvoy or a member of his team, call 216-815-1850. Virtual, phone and office appointments are available.


HealthMarkets Insurance Agency, Inc. is licensed as an insurance agency nationwide except in MA. Not all agents are licensed to sell all products. Service and product availability may vary by state. Agents may be compensated based on enrollment. No obligation to enroll. 53275-HM-0626


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