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Medicare Supplement Plan Essay

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Best Medicare Supplement Plans
If you are a senior and on Medicare, you already realize it doesn’t pay for all your medical care, only 80%. Once you turn 65, you are eligible for Medicare Part A (hospital coverage) and Medicare Part B (medical insurance). Both Parts A and B come with substantial co-payment requirements and deductibles which can put a financial hardship on senior living on a fixed income. This is where a Medicare Supplement Plan can help. A supplement plan can pay for the gaps in coverage left by original Medicare. Medicare Supplement Plans differ from Medicare Advantage Plans. Medicare Advantage Plans include Medicare benefits while a supplement plan adds coverage to your original Medicare benefits.
Medicare supplement plans offer standardized coverage plans (A-N). Most plans offer some form of the following coverage options: …show more content…

Part A coinsurance including 365 days additional coverage after original Medicare coverage ends; Medicare Part B copayment; free first 3 pints of blood needed; hospice care Part A coinsurance payment, skilled nursing facility care coinsurance, Part A deductible, Part B deductible, Part B excess charges and 80% foreign travel emergency care (up to plan limits).
Plans G: Part A coinsurance including 365 days additional coverage after original Medicare coverage ends; Medicare Part B copayment; free first 3 pints of blood needed; hospice care Part A coinsurance payment, skilled nursing facility care coinsurance, Part A deductible, Part B excess charges and 80% foreign travel emergency care (up to plan limits).
Plan K: Part A coinsurance including 365 days additional coverage after original Medicare coverage ends; 50% of Medicare Part B copayment; 50% free first 3 pints of blood needed; 50% hospice care Part A coinsurance payment, 50% skilled nursing facility care coinsurance and 50% of the Part A

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