Wouldn’t it be simpler if Medicare would just pay for all of your doctor bills and any charges if you needed to go to the hospital? Trying to understand whether hospital bills are covered under the same benefit period or whether you have to meet Medicare’s Part B deductible to see a doctor can get really confusing.
Medigap plans or Medicare Supplement Insurance plans can simplify what is covered by filling in Medicare’s gaps. For instance, when Medicare pays for 80 percent of your doctor’s fee, Medigap can pay the rest of it. If a doctor charges more than Medicare’s pre-determined rate, Medicare Supplement Insurance can pay for whatever Medicare fails to cover.
Medigap Insurance can also reimburse you for Medicare’s Part A hospital deductible and handle co-insurance charges for care after the first 60 days. Remember that the Part A deductible could kick in more than once a year, and you’ll have to spend over $1,000 to meet it each time before Medicare will pay.
With many years of experience helping people manage their medical bills, we can help you compare the Medigap Plans available in your state. Our help is confidential and there’s never any charge, either. Get to know us better by joining the next Question and Answer Teleseminar. It’s free to register here and then you can ask questions or just listen to what others are asking about both Medicare Advantage Plans and Medigap Plans.
Jim McFadden has over 11 years of executive-level experience in the health insurance industry, is a youth baseball, softball and football coach, and has one of the worst fantasy football records in the world.