Medicare Supplement Plans, also known as Medigap, are plans that supplement Original Medicare. These plans are able to aid in paying Medicare Part A and Part B out-of-pocket expenses, such as deductibles and other necessary payments.
Medicare Supplement Plans are composed of ten standard plans that are used in most states, and they are labeled as Plans A, B, C, D, F, G, K, L, M, and N.
If the idea of having a Medicare Advantage Plan for extra coverage is not for you, then you may want to consider a Medicare Supplement Plan.
What Do Medicare Supplement Plans Provide?
Medicare Supplement Plans are divided into ten different plans, as mentioned above. Each plan provides very specific coverage for out-of-pocket costs and services. This coverage can include:
- Coinsurance and hospital costs
- First three pints for blood transfusions
- Hospice care coinsurance and copayment
- Skilled nursing care facility coinsurance
- Deductibles (for Part A and B)
- Excess charges
- Foreign travel emergency care
Again, the coverage will vary by plan, so the best way to know which plan best fits your lifestyle is to compare all plans side by side and compare coverage. Fortunately, Sunsurance agency can do that just for you!
Medicare Supplement Plans in Alabama and Florida
When choosing a Medicare Supplement Plan, you are always presented with multiple options. Dothan and Enterprise in Alabama offers all Medicare Supplement Plans from letters A, B, C, D, F, G, K, L, M, and N.
Pensacola, Pace, and Tallahassee, Florida, also offer the same Medicare Supplement Plans as Alabama. However, the only big difference between these locations and the plans are the costs.
Depending on where you live and who you purchase the Medicare Supplement Plan from, you will have a different monthly premium to pay. With this in mind, it’s important to note that regardless of where you live and who you buy the plan from, the coverage will stay the same! As an example, if you were to buy Plan A in Alabama, just know that the same coverage you receive will also be provided to your friend in Florida who purchased Plan A from a different carrier in their area.
To learn more about comparing Medicare Supplement Plans in your area, reach out to Sunsurance Agency today! We have all the information you need to make the right choice on your coverage.