People who have reached at the age of sixty-five or more can only apply for this Medigap plan or Medicare Supplement Plans. They also have to be a legal citizen of US. Apart from this age and citizenship constraint, the applicant’s spouse has to have serviced for at least 10 years. Although there are few exceptions where people whose age is below sixty-five gets the privileges of Medigap plans, but for that they have to have certain disabilities and meet some other terms and conditions.
Various parts of Medigap Plans
- Medicare Part A:
This is provided by the government. In case of Part A, many do not have to pay the premium for inpatient care in case of experienced nursing provision, hospitals and hospice care, and healthcare at your doorsteps. The main reason for this is the person is paid when he is in the system while he was at service. The time span of coinsurance is sixty days and the deductible amount is $1316.
- Medicare Part B:
This plan is also provided by the government. It covers the payments of many healthcare provisions like visiting of physicians, health care at your door steps, care and service for an outpatient, preventive services and long lasting medical equipment’s. The premium amount to be paid in this scheme is $134 and the deductible amount is $183.If you are part of the Part B Medicare Supplement Plans, then eighty percent of all your medical expenses will be paid for by the government.
- Medicare Part C:
This scheme is also known as Medicare Advantage. This plan is a combination of Plan A and Plan B along with some additional medical advantages. The additional facilities of Part C are prescription drug coverage, eye care coverage, and dental care coverage. The amount of premium of Part C can be zero, but it might be more depending upon the extra benefits being provided by the scheme.
- Medicare Part D:
This scheme is also known as Medicare Prescription Drug Plan. Its premium amount starts from $15 and can go up to $100. This expense will be covered by the private insurance company. They have drug list which has been approved.
Since you cannot have Medicare to cover all the gaps of your medical expenses, Medicare Supplemental plans plays a huge role. It covers various coinsurances, deductibles, medical expenses while you are at a foreign land etc. But it is not at all same as the Medicare Advantage Plan.