There is Original Medicare, consisting of Medicare Part A and Medicare Part B, and then there is a Medicare Supplement plan. While Original Medicare covers the costs of a number of healthcare related services and supplies, there are certain things that it does not cover.
For this reason, you may find that a Medicare Supplement, also referred to as Medigap, may be a useful investment.
Medigap Plans help you in covering certain healthcare services that your Original Medicare doesn’t provide coverage for, such as yearly deductibles, coinsurance, and copayments. As the name suggests, these plans work to make up for any gaps in your Medicare insurance services.
What Medicare Supplement Plans Provide Coverage For
All Medicare Supplements provide benefits in terms of coinsurance or copayment for Medicare Part B as well as Part A Hospice Care.
The coinsurance and hospital costs of Medicare Part A are also covered by Medigap Plans. In addition, they also offer coverage for the first 3 pints of blood in the event that it is needed. In certain plans, this coverage may in fact be partial.
Medicare Supplement plans provide coverage for a number of services, which include Medicare Part A and Medicare Part B deductible, the coinsurance of skilled nursing facility care, excess charges of Medicare Part B, and also foreign travel emergency, depending on the limits of the plan.
All the benefits that are covered tend to vary depending on the plan type, so it’s important to get the right guidance in selecting the right plan for your needs.
What Medicare Supplement Plans Don’t Cover
There are certain healthcare services that are not covered by Medicare Supplemental Insurance, and it’s essential for you to be aware of these technicalities!
These medical benefits include things like prescription drugs, hearing aids, eyeglasses, private nursing services, routine dental and vision care services, as well as long-term care, such as in a nursing home.
If you seek assistance with supplemental insurance in Raleigh, feel free to give us a call at (800) 619-4450!
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Unlike Original Medicare, however, Medicare Supplements are acquired through private insurance companies.
There is also the fact that, dependent on the state you reside in, Medicare Supplements may not be available to you under the age of 65. If you’re enrolled in Original Medicare and are 65, then you’ll have to find out your eligibility for Medigap plans.
With the help of our Medicare insurance broker services, you can make the right selection for a Medigap plan for yourself, and choose a company that is reliable, trustworthy, and caters to your Medicare insurance needs wholeheartedly.
To speak with our agent, please call (800)-619-4450 or drop us an email at email@example.com.