Medicare Supplement

Note: A Medicare Supplement plan and a Medigap plan are exactly the same plan. Both words mean the same thing.

A Medicare Supplement Policy is a private Health plan that is designed to pick up the coverage gaps in your Original Medicare. Under your Original Medicare you will receive a Red, White and Blue Card with Part A and Part B. You must have a date next to Part A and Part B for both parts to be active.

Original Medicare has coverage gaps.

The coverage gaps are as follows:

Part A

Has a deductible for all In-Patient Hospital Stays. The 2017 deductible is: $1,316.00 per benefit period. A benefit period basically means per admission.

Part B

Has a calendar year deductible plus 20% of the bill. The 2017 Part B annual deductible is: $183.00 per year plus 20% of the Part B bills.

Plan F

A “Plan F” Medicare Supplement will pay your deductibles and the 20% Medicare does not pay giving you full coverage. Meaning 100% coverage for all Medicare approved charges.