 Medicare supplement insurance is created to help you pay out-of-pocket expenses that Part A and Part B (Original Medicare) cease to pay. It includes deductibles, copayments, and coinsurance. What if you have Medicare Advantage Plans and some other plans?
As stated above, Medicare Supplement insurance plans work with Original Medicare plans by paying the gaps in these coverages. Keep in mind that Medicare Supplement does not work with many other plans such as Medicaid, employer or union group health plan, TRICARE, stand-alone Medicare Prescription Drug plans, and PPOs or HMOs (Medicare Advantage plans). In fact, an insurance company will be legally held responsible if they try to sell you Medicare Supplement insurance while you still have Medicaid and Medicare Advantage plans. How Does It Work With Original Medicare Part A and B? If you have these two plans, you can buy up to 10 Medicare Supplement plans, which are referred to as A to D, F to G and K to N. These plans can cover the following benefits:
All Medicare plans differ in the benefits they cover and up to what extent. However, they cover the same thing regarding hospital costs and coinsurance of Medicare Part A. For example, Medicare Supplement Plan L covers 75% blood, and Plan K only covers blood at 50%. All other Plans cover it at 100%. Also, only Plan C and F cover Medicare Part B deductible. Also, if you are hospitalized for a long time, your Medicare Supplement insurance can help cover the expenses. It typically covers up to one year after you have exhausted your Medicare benefits. How About Other Insurance Policies? Medicare Supplement Insurance generally does not work with other insurance plans. It does not cover private duty nursing, nursing home care, dental care, vision, eyeglasses, and hearing aids. You may opt to purchase additional coverage from a private insurer, and you must pay the entire amount. If you are someone who frequently uses health care services, then it is best to buy Medicare Supplement plan. Contact an insurance agent to discuss the best options for you. At Berlin & Denys Insurance, we aim to provide comprehensive insurance policies that make your life easier. You can get more information about our products and services by calling our agency at (800) 946-3303. Get your free quote today by CLICKING HERE.
16 Comments
3/30/2021 09:27:41 am
I want to make sure that I get the right insurance. It makes sense that considering Medicare would be important. Maybe it would be a good idea for me to get a professional to ensure that I get everything together properly. 4/9/2021 08:30:32 am
My dad wants to make sure that his medical bills are properly covered, so I want to help him out. It makes sense that setting up a Medicare advantage plan would be beneficial! It's good to know that those can work with other medical plans. 4/15/2021 05:09:39 pm
It's good to know that other insurance plans will not work with Medicare Supplement Insurance. That was my main concern so thank you for answering it. Now I just need to find a plan that will work well with my mother's health. 4/18/2021 11:14:28 pm
Thanks for delivering such an exciting post. I hope to see more great posts like this in the future, keep the good work going on.
Hey; 6/28/2021 11:22:37 am
It's valuable that you mention that Medicare Supplement insurance can help cover your out-of-pocket medical expenses. My grandmother has a hard time affording all of her healthcare costs, so I'm considering helping her get some Medicare Supplement insurance this month. I'm going to search for a reputable provider of Medicare Supplement insurance that she can use. 8/6/2021 02:37:24 am
I really love the content you posted, it is always super helpful and informative. Keep posting such an amazing article, I love reading all your blogs. 8/12/2021 09:26:55 pm
Usually, I never comment on blogs, but your article is so convincing that I never stop myself from saying something about it. You’re doing a great job Man, Keep it up. Thanks for helping me understand that Medicare supplement will work with the original plans by paying gaps in the coverages. I will share this information with my mom and dad now that they mentioned that they plan to get one for my brother after they get the original one for themselves next year. Hopefully, my brother will be covered as well since he has had special needs ever since he was a baby. 12/29/2022 07:12:50 am
Thank you for noting that an insurance provider will be held legally liable if they attempt to sell you Medicare Supplement insurance while you are still enrolled in Medicaid and Medicare Advantage plans. My daughter wants to purchase insurance so she will have access to medical care in the event of an accident. I'll advise her to purchase Medicare Supplement Insurance from the legally liable company. 1/9/2023 02:21:15 pm
My aunt's enrollment period it's getting closer, so she's interested in understanding her Medicare options before she makes a wrong choice. It's helpful to know about Medicare plans and how they cover different hospital costs and such, so I believe my aunt will benefit from reading this. Thank you for the insight about how a Medicare insurance plan works with other ones. 2/7/2023 02:16:09 pm
Thanks so much for pointing out that all Medicare plans, although they differ on what specifically they cover, ultimately cover the same hospital's costs. I have a friend who has been talking about how their parents are trying to find a Medicare insurance plan that fits them. He's been looking into finding an insurance agent to help them work through and find the plans that best helps them with their planned costs. 3/13/2023 09:31:30 pm
I find it interesting when you said that the gaps in the coverages would have to be paid when getting a supplement plan aside from the original Medicare health plan option you are getting. I will share this information with my husband because we both plan to get this kind of coverage for ourselves now that we are getting old. We wanted to be prepared when we start getting ill in the future, so we won't put the burden to our kids, especially when they have families of their own. 3/22/2023 01:39:09 pm
It's good to know that Medicare supplement insurance can help cover hospital expenses. Yesterday afternoon, I was at my parent's house for lunch, and my mom was talking about how she has been thinking of getting Medicare insurance for the past couple of weeks. I'll pass this information along to her so she can know more information about Medicare supplement insurance plans. 4/30/2023 02:27:27 am
It's great that you explained that Medicare plans vary in the benefits they provide. My friend wants the best coverage for her needs. I should advise her to turn to a Medicare coverage broker with vast experience in the field. Leave a Reply. |
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