Where Can I Learn More About Medicare Supplemental Insurance?



Learn more about Medicare Supplemental Insurance, which is part of the Medigap plan for supplemental health insurance policies that cover costs over the original Medicare program. The Medigap Plans K and L are two plans within the 12 standardized Federal Medicare programs that offer the Medicare participant cost savings. Plan K offers a cost sharing plan with purchase and deductible options for medical services. Plan L offers a method of cost savings, which can be beneficial particularly for Medicare participants with low medical expenses, both may reduce the monthly insurance premiums.

Plans

Medigap Plans K and L both offer coverage of medical services with the approved supplemental plans. Medicare Supplement Plan K shares the costs of services with the Medicare participant. Medicare Supplement Plan L offers a lower monthly premium payment when medical expenses are lower for the Medicare participant. Medigap Plans K and L both require that the participant pay out of pocket costs until an annual cap amount is reached. Medigap Plans K and L each have conditions for paying the full amount of approved services once the annual cap limits have been reached.

Limits

Learn more about Medicare Supplemental Insurance Medigap Plans K and L and how they use the out of pockets costs or deductible amounts to manage the Medicare participant medical costs, while maintaining coverage for a variety of medical services. Medigap Plans K and L plans both have services that are not covered under the supplemental insurance program. Under Medigap Plans K and L emergency travel abroad, home health care recovery, and deductibles for Part B are not covered. Excess charges that are not covered under the Medicare become the responsibility of the Medicare participant.



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