Medicare Supplemental Plan F
Medicare Supplement Plan F is a standardized Medicare Supplemental Insurance Plan that is available in most states. From our experience the Medigap Plan F has become the most popular of all Medicare Supplement Plans as it contains comprehensive coverage for everything Medicare Insurance doesn’t cover as long as the charge is approved by Medicare Insurance.
In short, if Medicare Part B or Medicare Part A pay a penny on a doctor or hospital charge, Medicare Supplement Insurance Plan F will pay whatever is left.
This Comprehensive Coverage makes Medicare Supplement Plan F very attractive. Of all Medigap Plans that supplement Medicare Insurance, Medicare Supplemental Plan F is owned by more people than any other Medicare Supplement Insurance Plan.
Below are the eight gaps covered by Standardized Medicare Supplemental Insurance plans. 6 of these 8 gaps are covered by Medicare Supplement Plan F. The two gaps that aren’t covered (At Home Recovery and Preventative Care) are not covered by Medicare Insurance at all.
Covered by Medicare Supplemental Plan F
1) Basic Benefits:
Part B Coinsurance (Generally 20% of outpatient expenses)
365 Additional Days Hospitilization Coverage
Blood Deductible Coverage
2) Skilled Nursing Coinsurance
3) Part A Deductible
4) Part B Deductible
5) Part B Excess
6) Foreign Travel
Medicare Supplement Plan F is very popular because of its comprehensive coverage for procedures covered by Medicare Part A and Medicare Part B. However, some people find a more complete coverage option in Medicare Supplemental Plan J and even sometimes at a lower premium.
However, for those who wish the peace of mind of knowing all Medicare approved procedures will be covered and don’t mind taking on the risks involved for At Home Recovery and Prevenative Care, Medigap Plan F can be a tremendous choice. It is important to shop around for different Medicare Supplement Plans including the most comprehensive (Plan J) before making a final decision. As Medicare Supplemental Insurance Companies base Medigap rates on many different factors, more coverage does not always mean lower premiums and lower premiums does not always mean less Supplemental Insurance coverage.
To compare Medicare Supplement Insurance rates and plans from top rated insurance companies in your area, simply fill out the form to your right or call today at (888) 875-4463.