Medigap Plans in Pittsburgh, Pennsylvania 15232, Allegheny County are designed to cover what Original Medicare doesn’t pay in full. Call us at (888) 373-4315 for a free, instant quote comparison!
If you are on Medicare or if you’re about to become eligible for Medicare you feel a little overwhelmed when it comes to picking plans that will fit your own personal needs. There are still likely to be out of pocket expenses which you may not want to have to pay for, as it pertains to the original Medicare which includes Parts A and B. This is where the supplemental plans come into play. The ones we’ll be going over here are plans F, G, and N.
Private insurance companies offer all the supplement plans all around the country along with the prices of these plans will vary from one insurer to another. However, the benefits which you reap from every plan will undoubtedly be standardized according to every letter of the plans which are offered. What this implies that say for instance you choose Plan F, the coverage that the plan offers will be exactly the same no matter what insurance company you opt to deal with.
Medicare Supplement Plan F
Plan F tends to be a very popular pick for most people because it offers much more coverage than other supplement plans. It is important to note there are two different types. There is certainly the standard Plan F and another one that has the same benefits as the standard but comes with a much higher deductible. This means if you were to choose the higher deductible which you would need to first pay a certain amount of money ahead of the coverage would even begin.
Benefits which are included with the Plan F include every one of the following:
Part A Medicare coinsurance along with hospital costs together with an additional year of coverage after your Medicare benefits happen to be used up. Covers the coinsurance or copayment of hospice care that Part A does not cover.
It covers the Part A deductible. Pays for the deductible for Part B. If there are any Medicare Part B extra charges this plan will cover these charges.
If you require blood, this plan will cover the first three pints of blood needed. If you are in a skilled nursing facility it’ll cover the coinsurance amounts which may be required. Will cover any emergency coverage which may be needed during foreign traveling.
Should you decide that you want to pick the higher deductible plan then you will be required to pay for all the out of pocket costs the original Medicare doesn’t cover until you’ve reached a certain amount. In 2017, that amount was $2,180 before this plan kicked in. But, by choosing the higher deductible plan you could end up paying a much lower monthly amount than with the standard Medigap Plan F.
Since Plan F does offer the largest amount of benefits it will be the most expensive plan, however, in case you shop around you could locate a plan that is less expensive.
Medicare Supplement Plan G
This particular Medigap plan is one that offers most of the same benefits. There is one exception, however, it does not cover the deductible for Medicare Plan B. What this means is that whenever you go with Plan G you are going to need to pay the yearly standard Part B deductible. So, if you don’t mind paying for this amount that is deductible, Plan G could be a good option to consider when it comes to supplemental plans.
You should know they’re the only two Medigap plans that do this and that all excess charges that can accrue with Part B Medicare are covered by both of these plans. These excess costs are the actual difference between what the Medicare amount that is approved is and just what a doctor actually charges for their medical service. These professionals are considered to be non-participating providers and they may be allowed to charge just as much as 15% more than what Medicare allows for a certain covered medical service. This extra amount is what the patient would be expected to pay out of their own pocket.
Medicare Supplement Plan N
This is really a supplemental plan that offers a whole lot of the same benefits as the Medigap Plan F but there are a couple of exceptions that you need to be aware of when looking at this particular plan which is listed below:
Plan N doesn’t cover the deductible that comes with Part B Medicare. It does not cover the extra charges that might come with Part B. So, what this implies is that you’ll be responsible for paying for these differences. In regards to Plan N, it has another difference, although it does pay most of the time to 100% of the coinsurance of Medicare Part B, there can be exceptions. Those differences are you will be required to pay a copay of up to $50 for some ER visits which don’t end up with admission and that you sometimes need to pay as much as $20 for some office calls.
Best Time to Enroll in Any One of These Plans
In the event you are considering signing up for any of these Medigap plans you should know that the best time to enroll in almost any of them would be during what is known as the a Medicare Supplement Open Enrollment Period. This starts when you are older or 65 years old and you have Part B Medicare.
Give us a call at (888) 373-4315 for the best rates on Medicare supplement plans in Pittsburgh, PA!