Supplementary Medical Insurance

Definition of "Supplementary medical insurance"

Robert Winterbottom real estate agent
Robert Winterbottom, Real Estate Agent Better homes and Garden Homecity Real Estate

Part of the federal Medicare program for additional coverage on a voluntary basis. The Medicare program is divided into two parts: (1) Hospital Insurance provides hospital benefits to persons over 65 who qualify for Social Security, and to disabled persons who have been receiving Social Security benefits for at least two years; and (2) supplementary medical insurance provides physician services to those over 65, and their dependents, who have enrolled in the program. Those enrolled in the program pay half the cost, and the U.S. government pays the other half.


Need help from a real estate agent?

Buy Sell Rent

I agree to receive FREE real estate advice.

Are you a realtor and want to become a member?

Residential Rental Commercial

I agree to receive FREE real estate advice.

Have a question or comment? We're here to help.


*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions