Medicare supplement insurance plans in Pittsburgh, Pennsylvania 15252, 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!
You feel a little overwhelmed in regards to picking plans that will fit your own personal needs if you’re already on Medicare or if you are planning to become eligible for Medicare in the near future. As it pertains to the original Medicare which includes Parts A and B, there are still going to be out of pocket expenses which you might not want to have to pay for. That is where the supplemental plans come into play. In this essay we’ll be giving you an overview of three of the different supplement plans that are available, these plans are also called Medigap plans. The ones we’ll be going over here are N, G, and plans F.
All the supplement plans is offered by private insurance companies throughout the country as well as the prices of those 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 means that say for instance you choose the coverage that the plan offers will be the same, Plan F no matter what insurance company you opt to deal with.
Medicare Supplement Plan F
Plan F tends to be a popular pick for most people because it actually offers much more coverage than other supplement plans. It is important to notice there are two different types. There is the standard Plan F and another one that has the same benefits as the standard but comes with a higher deductible. This means if you were to choose the deductible that is higher that you would need to first pay a certain amount of money prior to the coverage would 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 doesn’t 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’re in a skilled nursing facility it is going to 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 just want to pick the higher deductible plan you will be required to pay for all the out of pocket costs the original Medicare does not cover until you have reached a certain amount.
Since Plan F does offer the largest amount of benefits it’s going to be the most expensive plan, however, if you shop around you can find a plan that’s less expensive.
Medicare Supplement Plan G
This particular Medigap plan is one that offers many of the same benefits as that of Plan F. There’s one exception, however, it does not cover the deductible for Medicare Plan B. This means that should you go with Plan G you’ll need to pay the yearly standard Part B deductible. That deductible in 2017 was $183. 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 with good benefits to supplemental plans.
You need to know they’re the only two Medigap plans that do this and that all excess charges that may accrue with Part B Medicare are covered by both of these plans. These excess costs will be the actual difference between what the approved Medicare amount is and exactly what a doctor actually charges due to their medical service. These professionals are considered to be non-participating providers plus they are allowed to actually charge 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 from their own pocket.
Medicare Supplement Plan N
This can be a supplemental plan that offers a lot of the same benefits as the Medigap Plan F but there really are a couple of exceptions which you should be aware of when looking at this particular plan which will be 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 means is that you would be responsible for paying for all these differences. As it pertains 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 may be exceptions. Those differences are that you sometimes need to pay as much as $20 for some office calls and you can be required to pay a copay of up to $50 for some ER visits that don’t end up with admission.
Best Time to Enroll in Any of Those Plans
If you might be considering signing up for any one of these Medigap plans you should know the best time to enroll in almost any of these would be during what’s known as the a Medicare Supplement Open Enrollment Period. This starts when you’re 65 years old or older and you have Part B Medicare. This can be a six month time period that provides you with a special right to join any kind of Medigap plan that’s offered by any insurer in your area. This time period offers you a guaranteed issue. This means that during this six month time period you can not be turned down for this insurance for any health reason and you can’t be charged a premium that’s higher because of any pre-existing conditions that you might be suffering from.
Give us a call at (888) 373-4315 for the best rates on Medicare supplement plans in Pittsburgh, PA!