Before buying any Medicare supplement plan you must be worried about what the items that are covered under these plans are and what are not! Most people buy a Medigap policy without even thinking about the benefits that they will get from it. Thus, here is a comprehensive details that will explain the benefits that are covered under Medicare Supplement and what are not covered.
What do Medicare Supplement plans cover?
Medicare Supplement Plan or the Medigap is designed in order to pay some of the out-of-pocket expenses that incur after receiving coverage from Original Medicare. They are the coinsurance, copayments and deductibles. There are almost 10 supplement plans available and they are named by letters like Medicare Supplement Plan F or Plan G. each plan has different features and they cover different portion of the Medicare expenses.
Like, the Plan A and Plan D of Medicare Supplement Plan covers the Medicare Part B coinsurance and copayment amounts but Plan A will not cover the deductibles under Part A of Medicare, however Plan D generally covers that. In this state you must remember that Part A and Part B or Original Medicare is not same as Plan A and Plan D of Medicare supplement plans. They are totally different.
Before you take any plan under Medigap it is necessary that you understand that which Medicare out-of-pocket costs will be covered by which Plan of Medigap. Also you need to know that which plans covers a portion of the cost of Medicare Part A and Part B. your agent will explain you everything or you may visit their website to learn in details.
What benefits are not covered by Medicare Supplement plans?
It’s true that Medicare supplement plans are sold by private insurance companies but as they are governed by the Federal government you will get same benefits of each plan irrespective of the insurance company you choose. Yes, the premiums may vary from one another.
There are several items that are not covered by Medicare Supplement Plans 2018 even though they mainly involve the payment of out-of-pocket costs of Medicare Part A and part B. some of the items that are not covered under a Medigap policy are
- Prescription drug coverage
- Hearing aids
- Private-duty nursing services
- Routine dental services
- Routine vision services
- Long-term care
This list is not an extensive list. It mentions only a few items that are not covered. It is best that before taking any policy you get to know about the plan better and then get enrolled.