Medicare Supplement Plans (Medigap) A through L And The New Plans M And N
Medicare Supplement Plans A through J
Plans A through J have more benefits, higher premiums, and lower out-of-pocket expenses. Basic benefits include Medicare Part A and B co-payment or co-insurance, and three pints of blood. Extra benefits may include Skilled Nursing Facility co-insurance, Medicare Part A and B deductibles, Medicare Part B excess charges, foreign travel emergency services, at-home recovery, preventive care, and some may still cover prescription drugs.
Attention: The benefits in any Medicare Supplement Plan A through L are the same for any insurance company, but the rate insurance companies charge for their plans may vary. When selecting a Medicare Supplement Plan, carefully compare each plan and compare different insurer quotes.
Medicare Supplement Plans K through L
Medicare Supplement Plans K through L have lower premiums and higher out-of-pocket expenses. Basic benefits include Medicare Part A hospital benefits, Medical Part A and B co-insurance or co-pay, blood, and hospice care. Extra benefits include Skilled Nursing Facility co-insurance and Medicare Part A deductibles.
Attention: When selecting a Medigap plan, carefully compare each plan and compare different insurer quotes. Make sure you have adequate coverage that meets your needs, but you don’t want to pay more as the benefits of each plan are the same for every insurance company.
What Is New In 2010 For Medicare Supplement Plans?
Starting June 1, 2010, the types of Medigap Plans that you can buy will change:
There will be two new Medicare Supplemental Plans offered: Plans M and N. The Plans E, H, I, and J will no longer be available to buy.
If you already have bought Plan E, H, I, or J before June 1, 2010, you can keep that plan.
Contact your plan provider for more information.
If you shop for a new plan, be aware that insurance companies may charge different premiums for exactly the same Medicare Supplement plan coverage. Before you enroll in a Medigap policy, be sure to compare policies from different providers, e.g. compare Plan A from one company with Plan A from another company.
More Articles About Medicare Supplement
- Medicare Supplement Plans
- Am I Eligible For A Medicare Supplement Plan?
- Medicare Supplement Plans (Medigap) A through L And The New Plans M And N
- Do I Have Medicare Part D Prescription Drug Coverage With A Medicare Supplement Plan?
- Can I switch to a different Medicare Supplement Plan (Medigap)?
- Can I keep my current Medicare Supplemental Insurance or switch to a different Medigap policy if I move out-of-state?
- How Do I Cancel My Medicare Supplement Plan (Medigap Policy)?
- Does Medicare Supplemental Work With A Medicare Advantage Plan?
- What happens to my Medigap policy (Supplemental Insurance) if I join a Medicare Advantage Plan?
- How Much Does Medicare Supplemental Insurance Cost?
- How Do I Enroll In A Medicare Supplement Plan?
- What Is New For Medicare Suplemental Insurance Plans In 2010?
