The Basics You Need to Know about the Medicare Supplement Plans

Did you ever notice that not all of your medical expenses are covered by your Medicare plan? It is actually very disturbing to spend additional charges for health care reasons when you already have a medical insurance plan. In order to help you out in such a situation, the Medicare Supplement Plans have been brought. Costs not covered by your general Medicare schemes are funded by these supplementary schemes so that you do not need to pay out any extra amount of money.

Medicare Supplement Plans: why are they needed?  These answers are on

The Original Medicare plan aims to provide health care benefits and services to those who are of 65 years of age or older than that . However, the following medical costs are not covered by this general plan:

  • Copayments
  • Coinsurance
  • Deductibles

The Medicare Supplement Plans help you to get these costs along with several other benefits. They do not offer any stand-alone service; rather, they are bought to fill the gaps in the health care coverage provided by the general Medicare plans.

Advantages you can derive from the plans

Making the co-payments, paying the coinsurance charges and the yearly deductibles are the basic services provided by the Medicare Supplement Plans. However, the benefits of these health care plans do not end here. If you are under such a policy, you can enjoy continued medical support even when you travel outside of your state. In addition, the Medicare Part B costs are also provided by these plans and some of them offer a yearly out-of-pocket limit. No special formality is required to get the facility of this scheme, you can simply buy it from an insurance company that has been provided with the authority to sell medical plans. It works as a proper addition to your Original Medicare plans so that you can enjoy the supplementary benefits of it.

Things required to be remembered

Before getting the supplementary health benefits, you need to keep it in your mind that these Medicare Supplement Plans should be taken as only a supportive scheme of the main Medicare plans and are designed to fill the gaps in the main scheme. They are meant for one person only, which means that if you want to get the same health care coverage for your partner/spouse, you should have to buy a separate policy for him/her. In the following sectors, this supplementary scheme does not work:

  • Prolonged health care
  • Oral or optical care
  • Help regarding eyeglasses
  • Personal nursing

Receivers of the Medicare Medical Savings Account (MSA) Plan will not be able to get this supplementary scheme. Prescription drugs are not covered by these health care plans from January 1, 2006.