This guide can be helpful if you’re considering buying a Medigap policy or already have one. It’ll help you know how Medicare Supplement plans work.
Medigap Plan D is one of the 10 standardized Medicare Supplement insurance policies meant to cover the “gaps” in coverage by Original Medicare.
First, do not confuse Medigap Plan D with Medicare Part D. Medicare Supplement Plan D does NOT cover prescription drugs. No Medigap plan covers prescription drugs.
However, Medigap Plan D does provide coverage for:
Plan D does not cover Medicare Part B’s deductible or excess charges. An excess charge is when a doctor charges you avoce the amount Medicare pays for a service. Medicare approves up to 15% excess charges. Some states do not allow for this, so ask a licensed agent with Bobby Brock Insurance if this coverage is necessary and we will gladly look into it. If your state does allow for excess charges, there are Medicare Supplement plans that do cover them.
Medigap Plan D is about in the middle between cost of premium and coverage provided when it comes to the 10 Medicare Supplement plans.
Plan D has more coverage than Plans A and B, but there are others like F and G that have greater benefits but cost a little more.
It’s just up to you whether you want the premium savings but more out-of-pocket expenses or vice versa.
Any licensed Medicare agent at Bobby Brock insurance would be happy to take a look into your situation and offer their expertise to help you make an informed decision when it comes to your health care.
If trying to decide between 10 Medigap plans sounds like a chore or is too confusing for you, you are not alone! Lots of people who are about to turn 65 have the same issue and that is why we are here: to help you get the proper coverage you need. So, call us for a free consultation and we will help you navigate the confusing world of Medicare.
We have helped thousands of Medicare beneficiaries all over the United States, and now we want to help you.