Medigap Plan A – Medicare Supplement
|Part A Hospital Coinsurance||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes|
|365 Hospital Reserve Days||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes|
|Part B coinsurance||Yes||Yes||Yes||Yes||Yes||Yes||50%||75%||Yes||Yes|
|Benefit for Blood||Yes||Yes||Yes||Yes||Yes||Yes||50%||75%||Yes||Yes|
|Skilled Nursing Facility||No||No||Yes||Yes||Yes||Yes||50%||75%||Yes||Yes|
|Part A deductible||No||Yes||Yes||Yes||Yes||Yes||50%||75%||50%||Yes|
|Part B deductible||No||No||Yes||No||Yes||No||No||No||No||No|
|Part B excess||No||No||No||No||Yes||Yes||No||No||No||No|
|Foreign Travel Benefit||No||No||80%||80%||80%||80%||No||No||80%||80%|
Learn More About Medicare Supplement Plan A
Medicare Supplement Plan A is the one plan that all Insurance Supplement Providers must offer. The policies are also all standardized, so all benefits are the same with plans of the same letter. Price and service can vary by company, however, so it is important to research and compare and find the best plan for you.
Plan A offers basic service coverage to the policyholder. It is also referred to as the Basic Supplemental Insurance Plan. The coverage provided is less than the other plans, but premiums are more affordable. An advantage to Plan A is that you won’t have to pay for benefits you don’t think you’ll use. This can also result in extra costs should you need more service however. If you feel you need only basic coverage and can assume the remaining risk yourself, Plan A might be a good choice for you.
Plan A offers basic coverage. This includes hospitalization, medical expenses, and blood. Hospitalization covers the coinsurance for Part A as well as compensation for the next additional year (365 days) after your Medicare benefits terminate. Plan A will also pay the coinsurance for Medicare Part B, which is generally about twenty percent of your approved health care costs or twenty percent of outpatient hospital care. The first 3 pints of blood per year are also assured under this plan.
Plan A does not cover several of the benefits that more comprehensive plans cover. Some of the benefits that aren’t covered are the coinsurance for skilled nursing care, the deductibles for both Part A and B, and emergency care for travel outside the United States. Plan A does not cover any excess charges under Part B. It does pay all of the approved costs of your services. Under Plan A coverage is limited to Medicare-approved charges. This means that you may be responsible for paying additional compensation yourself f your doctor charges more than the Medicare approved amount.
Plan A also does not cover At Home Recovery or Preventative Care. Both of these services are being phased out of the Medicare system and will no longer be offered in any plan as of 2010.
It can be difficult to determine which plan is right for you, and not all providers offer all of the Medicare Supplement Plans. Our trained specialists can help you find the plan that best fits your needs and budget. Most insurance carriers offer a variety of plans, so our specialists can help you shop around for the best price.