|
Contact us for help- we look forward to
serving you in this very important part of your insurance needs.
Below is information, courtesy
www.medicare.gov, which can provide
basic consumer information.
Medicare does NOT endorse this web site or this agency.
You are NOT required to purchase an additional policy to supplement your
Medicare.
What is a Medigap policy?
A Medigap policy is a health insurance policy sold by
private insurance companies to fill the "gaps" in Original Medicare Plan
coverage.
When you buy a Medigap policy, you pay a premium to
the insurance company. This premium is different than the Medicare Part
B premium you must also pay. As long as you pay your premium, your
policy is guaranteed renewable, which means it is automatically renewed
each year. Your coverage will continue year after year as long as you
pay your premium.
If you buy a Medigap policy, it only covers your
health care costs. It doesn't cover any health care costs for your
spouse.
Hospital Stays
- $840 for the
first 60 days
- $210 per day
for days 61 -90
- $420 per day
for days 91 -150
|
Yes |
Skilled Nursing Facility Stays
- Up to $105 per
day for days 21 -100
|
Yes |
Blood
- Cost of the
first 3 pints
|
Yes |
|
Medicare Part B yearly deductible
|
Yes |
Medicare Part B covered services
- 20% of
Medicare-approved amount for most covered services
- 50% of the
Medicare-approved amount for outpatient mental health treatment*
- Copayment for
outpatient hospital services
|
Yes |
|
*All Medigap policies must pay 50% coinsurance
for outpatient mental health treatment services. |
There are ten standardized Medigap plans called "A"
through "J." The front of a Medigap policy must clearly identify it as
"Medicare Supplement Insurance." Each plan A through J has a different
set of benefits. Plan A covers only the basic (core) benefits. These
basic benefits are included in all the Plans A through J. Plan J offers
the most benefits.
If you live in Massachusetts,
Minnesota, or Wisconsin, different types of standardized
Medigap plans are sold in your state.
Source:
www.medicare.gov
|
