Secure Medicare Supplement Plans
We have taken an in-depth look into Medicare Supplement Plans and the history that has shaped what Medicare Supplement Plans have become. Why are they priced the way they are priced, and why do they cover what they cover. It is critical to understand not only what you feel like you can afford each month or every year, but also, what does Medicare not cover?
Here is An Example For You
**For Plans K and L after you meet your out-of-pocket yearly limit and your yearly Part B deductible ($198 in 2020), the Medigap Plan pays 100% of covered services for the rest of the calendar year.
***Plan N pays 100% of Part B coinsurance, except for a copayment of up to $20 for some office visits and up to a $50 copayment for emergency room visits that do not result as an inpatient admission.
**** Starting January 1, 2020, Medigap plans will not be allowed to cover the Part B deductible for new Medicare beneficiaries. This means Plans C and F will no longer be available to new Medicare beneficiaries starting on January 1, 2020. If you already have either of these two plans (or the high deductible version of Plan F) or are covered by one of these plans before January 1, 2020, you will be able to keep your plan. If you were eligible for Medicare before January 1, 2020, but not yet enrolled, you may be able to buy one of these plans.
Common Thread Between One Medicare Supplement Plan and the Next in Standardized States
This can all be confusing, but we have made a graph for you to help you understand the simple breakdown available to you for Medicare Supplement Plan options, and we are always here to help you chose the plan that is right for you.