Maine Medigap Insurance is Purchased on Top Of Medicare
A Maine Medigap Insurance policy is purchased and used in conjunction with Medicare. This type of supplemental policy is obviously for those who have reached retirement age. When you turn 65 years old you are eligible for Medicare. Most people find that Medicare is the most affordable health care program in retirement and sign up for it as soon as they become eligible. Medigap plans are also know as Medicare Supplement insurance.
What you also need to know is the Medicare will not pay for all of your health care costs. It is for this reason, you will need to have a Maine Medigap Insurance supplemental policy. The word Medigap refers to the gap that is exists between the medical costs that a retired person has and the percentage of the costs that Medicare covers. To be eligible for a Medigap policy, you need to be enrolled in both Medicare Part A and B.
Medigap Insurance and the Plans Offered in Maine
A Maine Medigap plan is available in ten different types. The plans are designated with letters. These plans are A, B, C, D, F, G, K, L, M, N and all of them have a standardized basic coverage. This basic coverage is what constitutes Plan A. It covers the 20 percent that is not covered by Medicare, for both inpatient and outpatient treatments. The basic coverage also includes the first three pints of blood not covered by Medicare and serves as coinsurance for hospice care.
Other Benefits Offered by Medigap Plans
There are other benefits that you may be interested in when shopping for a Maine Medigap plan. Once benefit is the excess charges that you may experience with a doctor. These excess charges are part of a medical bill from a doctor that is in excess of what Medicare will allow. This will happen when you use a doctor that is not a part of the Medicare program, and this is money that will come out of your own pocket. If you have a Maine Medigap Insurance policy that includes this benefit, you will not have to pay anything. This benefit is included in Plans F and G. It is called Part B excess coverage.
Another benefit that can be added to a supplemental plan is emergency health care in a foreign county. This will pay for any health care received while traveling in a foreign country. Naturally, this benefit will only cover emergency treatment. Other benefits cover Part B deductibles and skilled nursing care. Of the plans available, it is only Plan F that includes all of the benefits that are offered with a Medicare Supplemental insurance policy.