Medicare plan has been introduced for quite a long time in the U.S. to provide respite to seniors and the disabled to get good quality medical care. But the truth is that it does not offer 100% coverage and the policy holders are required to pay co-insurance, co-pays and deductibles. Medicare plans do pay a lot to accommodate different types of healthcare services, however, still fails to meet other requirements. It is here that Medigap or Medicare Supplement plans have been introduced to fill up this gap left by original Medicare.
The supplemental or Medigap plan is provided to the eligible citizens by the private insurance firms. Medigap policies do come with specific benefits. The insurance firms are allowed to sell only modernized Medigap policies and not deviate from it at any point of time.
Medicare Supplement plans eligibility requirements quoted at https://www.medicaresupplementplans2020.com/
Medigap coverage, according to the industry experts needs to be taken along with Original Medicare policy. It is important for the person to have both Medicare Part A & B. In case, the person and his/her spouse is interested to get Medicare Supplement plans, then they are to purchase their policies separately. This is because, only one person is covered by Medigap policies.
Available Medicare Supplement plans
State and Federal laws are said to regulate Medigap policies. The laws have been designed, so as to safeguard the policy holder as a beneficiary. These policies also have been labeled clearly as ‘Medicare Supplement plans’. There are 11 different modern plans to select from in majority of the sates, ranging from Plan A to N.
Different types of benefits are offered by Medicare plans and the features are very much the same for each and every insurance firm. But the private insurance firms set their prices for the plans and decide the policies to promote more in the market.
If the person has Part B Medicare for over 12 months, then he/she is eligible to get annual ‘wellness’ visit to update or develop personalized plan. This is to prevent diseases based upon current risk and health factors. However, this particular visit comes with single coverage for every 12 months.
Again, if the person receives preventative visit ‘Welcome to Medicare’, then he/she will have to wait for 12 months prior to availing the initial annual ‘wellness’ visit. Prior to annual ‘wellness’ visit, there is not required ‘Welcome to Medicare’. For this annual ‘wellness’ visit, nothing needs to be paid, if the healthcare provider or doctor accepts the assignment.