Each Medigap plan, denoted by a specific letter, must provide the same basic benefits, irrespective of the region or insurance company. For instance, Medicare Supplement Plan G in Texas will offer the same benefits as that of Plan G in Nebraska.
It is important to note that Medigap plans don’t usually cover dental, vision, hearing aids, or long-term care, but every Plan must cover at least a part of the benefits below:
– Coinsurance costs of Medicare Part A up to an extra 365 days once the Medicare benefits are utilized
– Hospice care copayments or coinsurance under Medicare Part A
– Medicare Part B copayments or coinsurance
– The initial 3 pints of blood used in an approved medical procedure
Additionally, there are Medigap plans that offer some extra basic benefits. One such plan is Medicare Supplement Plan F, which is the most exhaustive Medicare Supplement plan, and comes with the benefits stated below:
– Medicare Part B deductible
– Medicare Part A deductible
– Medicare Part B extra charges
– Preventive care insurance Medicare Part B coinsurance
– Skilled Nursing Facility care coinsurance
– Medicare Part A hospice care coinsurance or copayment
– Emergency care during foreign travel
*Important note: Beginning January 1,2020, Plan C and F are no longer available to people who are new to Medicare. If you already have one of these plans, you’ll be able to keep your plan.
Besides, there are other Medigap plans like Plan D, G, M and N that cover healthcare costs when you are travelling outside of the U.S. If you have such a Medicare Supplement plan along with your Original Medicare, you can expect the following:
– Medicare will pay its part of the Medicare-approved amount for health care cost covered.
– Post that, your Medigap will pay its share.
If you have a Medicare Supplement plan that covers emergency cost during foreign travel, your Medicare Supplement plan will:
– Cover emergency care if the plan starts within the initial 60 days of your foreign trip, and if the Original Medicare doesn’t otherwise cover the cost.
– Pay up to 80% of the charges for specific medical emergency situations outside of the U.S. if you have US $250 as deductible for that year.
Coverage for foreign travel medical emergency with Medicare Supplement policies has a life-long limit of US $50,000.
With so many options to choose from, it’s easy to get confused. But,you don’t need to worry as Texas Medicare Solutions’ seasoned Medicare Supplement specialists in Texas can explain all Medigap plans thoroughly.
Once you are satisfied, they can even help you enrollover the phone or in person!