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And covers 80% of health care and we pay 20%...Now Medicare supplement plans offer coverage for the 20% that Medicare Part A & B doesn't cover for premiums from $120.00 and up.
How can this be a good deal?

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Well, if the bill is $400,000 and A and B cover $320,000, you owe the hospital 80,000. If you don't expect to have an expensive illness ( cancer, open heart surgery, Parkinson's,) you'll be fine. But insurance is about preparing for the unexpected.
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Dennis, it seems pretty obvious you haven't done much exploration into the land of insurance costs. Look around and then see if you still feel like complaining.
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Dennis, i think what your saying is, why is the Medicare A/B premium about the same as the Medigap premium, when A/B covers a bigger piece of the bill. The answer is that Medicare is a federal program and is funded in part by the taxes that seniors have in over the years. Medigap plans are funded only by premiums.
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My brother in law was paying $600 a month under COBRA for health insurance coverage. He considered the $120 a month through a Medicare Advantage Plan a good deal. He switched as soon as he was eligible.
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"You're ". Sheesh.
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