Medicare Supplement Plans Read This Page (sometimes called Medicare Advantage or Medicare Part C are private, prescription drug benefit plans provided by Medicare, the government’s primary payer. These plans offer additional coverage for some specific health care services which aren’t covered by original Medicare. Some of these services are also not covered by insurance companies’ supplemental benefits. For example, there are plans which cover the costs of extended hospital stays, and there are specialized plans to cover drug rehabilitation. Most people understand what Medicare does, but many don’t know that there are plans that are specifically tailored to meet the needs of the people who need them most – seniors.

|What Are the Medicare Supplement Plans North Carolina Residents May Choose?

Medicare Supplement Plans (sometimes called Medicare Advantage or Medicare Part C} are private, prescription drug benefit plans provided by Medicare, the government’s primary payer. These plans offer additional coverage for some specific health care services which aren’t covered by original Medicare. Some of these services are also not covered by insurance companies’ supplemental benefits. For example, there are plans which cover the costs of extended hospital stays, and there are specialized plans to cover drug rehabilitation. Most people understand what Medicare does, but many don’t know that there are plans that are specifically tailored to meet the needs of the people who need them most – seniors.

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If you are elderly, you need a Medicare supplement plan to ensure proper medical coverage and to save money. There are several types of plans available from various companies. A Brief Summary of Types of Medicare Supplement Plans – Part A & Part B

The most popular Medicare supplement plans are Parts A and B. These cover the basic features of the program, including: coverage for hospital visits, prescription drugs, durable power of nursing, assisted-living facilities, and nursing home services. They do not cover every health issue allowed under Medicare, such as mental health and psychotherapy. Also, Medicare Part A is not able to cover some of the costs of disability and old age security benefits. Medicare Part B covers some, but not all of the items listed in Part A.

Medicare Supplement Plans C and D do not provide coverage for some of the same issues covered in Parts A and B, but are intended to “fill in” those gaps. These supplements, or “moderately-priced” plans, do not include coverage for vision, dental, and some other wellness items. Medicare Supplement Plan E covers expenses not covered under Parts A and B, but does not include payment for outpatient care. Medicare Supplement Plan F does not cover disability income and is intended for people 55 years of age or less. Supplemental policies that offer savings to seniors with existing conditions are also not offered through Medicare Supplement Plan F.

Medicare Supplement Plan J includes additional benefits for “medically-sound” people. These individuals must meet the following criteria: be of legal age, be of sound mental capacity, and not be declared mentally incapacitated. Medicare Supplement Plan K is the least expensive plan, but provides coverage only for out-of-network providers. Medicare Supplement Plans L and M both have out-of-network providers, but allow more choice of doctors and hospitals, higher deductibles, and more benefits.

Medicare Supplement Plan N does not offer vision, dental, or pharmacy benefit options. Medicare Supplement Plan O is the most complete, but also the most expensive. Medicare Supplement Plan P offers the widest range of benefits and choices, but costs the most. Each month, you must pay a certain amount of money for coverage that you will receive in the future. Medicare supplement plans are intended to fill the gap left by regular Medicare coverage so that individuals can avoid the rising costs of prescription drugs.