Different Parts of Medigap

There are Many types of Medigap Insurance  plans available in the market. Standard Medigap plans are labeled A through N and offer different levels of health coverage.

Medicare Part A: Plan A covers only hospital services.

Medicare Part B: Plan B covers only Doctor Services.

Medicare Part C: Plan C this plan is also called as managed care plan or Medicare                                                                   Advantage.

Medicare Part D: Plan D in this you can get prescription drug benefit.

Medicare Part E: Plan E policies provide Basic coverage in addition to other benefits. Basic coverage of plan A and B includes. Plans E, H, I, and J are no longer sold, but, if you already have one, you can keep it.

Medicare Part F: Plan F covers all the deductible, coinsurance, co-pay, and excess charge gaps in Medicare so that with this plan you should not have to pay out-of-pocket for medical expenses.

Medicare Part G: Plan G covers the coinsurance for both Parts A and B, The first three pints of blood are also covered. Hospital deductible is covered. This Plan is most popular plan in the market.

Medicare Part H: Plan H will provide cost coverage up to 80% for any emergencies you experience overseas. After June 1, 2010, no one else will be allowed to enroll in Plan H.

Medicare Part I: Plan I covers extra benefit of Skilled Nursing Facility Coinsurance, Foreign Travel Emergency.

Medicare Part J: Plan J is more expensive than the other available in the market, because its covers Basic Benefits, Skilled Nursing Facility Coinsurance, Part A Deductible, Part B Deductible, Part B Excess (100%),Foreign Travel Emergency, At-home Recovery, Preventive Care Not Covered by Medicare.

Medigap Part K: Plan K covers 50 % of hospice cost-sharing, 50 percent for the initial three pints of blood every year.

Medigap Part L: Plan L covers 75 hospital insurance deductible, Skilled Nursing-Home Costs.

Medigap Part M: Plan M offers to pay 50% of the Medicare Part A deductible.

Medigap Part N: Plan N covers Part A and B plans and skilled nursing facilities, Foreign Travel Emergency Coverage

In our next post we will be talking about Various Medicare Advantage Plans, keep visiting blog for latest updates on Medicare Plans.


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