We recommend Medicare supplements to fill in the gaps of coverage which Medicare will not cover and also to ensure greater access to health care. Some physicians will not see patients with Medicare unless they also have a supplement.
There are eight standardized Medicare Supplement Plans, denoted as Plans A, B, C, D, E, F, G, K and L. All companies offering Medicare supplements must offer Plan A and may offer one or more other plans. The most popular plan is Plan F. With a traditional Plan F, Medicare-eligible charges are covered in full with no deductibles or co-pays, as long as a Medicare provider is used. Some companies also offer a high-deductible Plan F, which pays in full after the deductible is met, $1,790 in 2006.
2006 saw the introduction of a new plan, Plan K. The K plan pays one-half of the hospital deductible and 10% of the Medicare approved charges.
Because Medicare supplements no longer cover prescription drugs, we recommend enrollment in Medicare Part D. Part D is offered through private insurance companies.
We love to help seniors and disabled Medicare-eligible individuals with their questions. We have many, many satisfied clients who came to us in confusion and are now quite content with their plans. If you would like to join our ranks of satisfied clients, please call us at (805) 544-6454, or e-mail us.
Click here for our opinion on Medicare Advantage Plans