Real Life Retirement


Medigap Insurance Policies

We are not insurance agents and are definitely not trying to sell you a health care plan.  We  hope this information from the official Medicare website helps you understand Medigap insurance, the supplemental insurance that helps pay for many things Medicare does not.   There are monthly premiums for this insurance.

(Medigap insurance is not the same as the Medicare Advantage programs, which are basically HMOs.  Most of these HMOs charge no monthly fee and your primary care physician makes all referrals to other doctors and chooses which hospital you can use.)

What Medicare Covers

  • Medicare Part A is for hospitalization. 
  • Medicare Part B is for doctors services. 
  • Medicare Part D is for prescriptions.  

And there is more fine print and deductibles and coinsurance with all of these than you can shake a stick at! 

To fill in the gaps where Medicare leaves off are the highly regulated Medigap policies.  These 10 Plans are offered by private insurance companies across the U.S.   Massachusetts, Minnesota and Wisconsin have different policies.  This information does not include all the details, but we hope it gives you a better idea of your choices. 

What Medigap Insurance Covers

Plan A:   Basic Benefits

Plan B:   Basic Benefits, Medicare Part A deductible

Plan C:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance, Medicare Part B deductible, foreign travel emergency

Plan D:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance,  foreign travel emergency, at home recovery

Plan E:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance, foreign travel emergency, certain preventive care

Plan F:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance, Medicare Part B deductible, Medicare Part B excess charges (100%), foreign travel emergency

Plan G:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance, Medicare Part B excess charges (80%), foreign travel emergency, at home recovery

Plan H:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance, foreign travel emergency

Plan I:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance, Medicare Part B excess charges (100%), foreign travel emergency, at home recovery

Plan J:   Basic Benefits, Medicare Part A deductible, skilled nursing facility coinsurance, Medicare Part B deductible, Medicare Part B excess charges (100%), foreign travel emergency, at home recovery, certain preventive care

We strongly urge you to go to the Medicare website for all details.  Then call several private insurance companies in your state and ask to receive printed information about the plans they offer before you make a decision.



Your feedback and comments are welcome.  If you have experiences or ideas to share, please send feedback now.

NOTE:  All names on this site have been changed to protect individual privacy.  The stories are real, the names are not.

 

82
The average life expectancy for men 
in the U.S. 
For women it is 85.

 

 

 

 

 

 

 

 

 

 

 

 

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