Medicare Supplements
User Guide
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 F
Medigap Plan F is the Medicare Supplement that provides the most coverage. It covers both Original Medicare Part A and B deductibles, all copays, and all coinsurance. This means you have no out-of-pocket expenses.
Play Video about Plan F Deep Dive
What does Medicare Supplement Plan F cover?
Medigap Plan F features the most comprehensive benefits package out of all Medicare Supplement policies.
Plan F covers:
- Original Medicare Part A’s deductible
- Part B deductible
- Part B excess charges
- Part A coinsurance and hospital costs up to an additional 365 days after Medicare’s benefits are all used up
- Part B coinsurance or copayments
- First three pints of blood used in an approved medical procedure
- Skilled nursing facility coinsurance
- 80% of a foreign travel emergency (up to plan limits)
As you can see, there’s a reason Medicare Supplemental Plan F is the most frequently purchased Medigap plan according to several reports. It pays for all gaps in coverage by Original Medicare including your hospital and outpatient deductibles.
That’s right, that means there are no out-of-pocket casts when you visit the doctor.
If you’re wondering how much it is to have this peace-of-mind, give one of our licensed Medicare agents at Bobby Brock Insurance a call today!
Are Medicare Supplement Plans worth the money?
If you take a look above at what Medigap Plan F covers, it could save you a lot of money if you visit a doctor frequently or have multiple (or lengthy) stays in a hospital.
Other than the fact you are left with no out-of-pocket expenses, there are these other benefits:
- Choose your own doctor
- No referrals required to see specialists
- Guaranteed renewable — your coverage can’t be canceled due to health or number of claims
Compare
cost of plans...
We have helped thousands of Medicare beneficiaries all over the United States, and now we want to help you.
How much can I save with a Medicare Supplement Insurance Plan?
Medicare Part A’s deductible is the amount you pay when you go to the hospital, prior to Medicare to paying anything. You also pay daily inpatient copays starting on day 61.
With Medicare Supplement Insurance Plan F, all of that is paid for by your supplement.
So, it wouldn’t be out of the question for a Medigap plan to pay for itself in one hospital visit.
And if you buy a plan through an independent broker like the ones at Bobby Brock Insurance, you will receive a competitive rate that most major carriers can’t reach.
With Medigap Plans you can still go to any provider that accepts Traditional Medicare Parts A and B. You do not need to check with a provider if your Medigap or Medicare Supplement plan is accepted. You just ask them if they take Medicare. Medicare automatically files claims towards your Medicare Supplement, regardless of the carrier that is guaranteeing the claim.
Just make sure you’re avoiding Medigap Select plans and that you’re purchasing a Medicare Supplement Standard Policy.
