Medicare Supplement Plan G is Identical to Medicare Supplement Plan F With the Exception of One Gap in Coverage
Medicare Supplement Plan G does not cover the one-time annual Medicare Part B deductible, which was $183 in 2017 and 2018. So, when comparing apples to apples, you can compare Medicare Supplement Plan F and Medicare Supplement Plan G but remember to factor in the annual out-patient deductible of $183.
Basic Medicare Plan Benefits:
Hospitalization: Medicare Part A Coinsurance plus an additional 365 days of coverage after Medicare benefits are exhausted.
Medical Expenses: Medicare Part B Coinsurance (80% of Medicare Approved Expenses), 3 pints of blood.
Medicare Supplement Plan G covers all Basic Benefits. Hospital Services are covered Per 60 Day Benefit Period. Medicare Supplement Plan A also covers the first 20 days in a skilled Nursing Facility. To have this service covered, you must meet Medicare’s requirement of having been in the hospital for at least 3 days and entered into a Medicare approved facility within 30 days after leaving the hospital.
Medicare Supplement Plan G covers 100% of the first 100 days in a Skilled Nursing Facility.
Medicare Supplement Plan G covers Hospice Care and you must meet Medicare’s requirements, including a doctor’s certification of terminal illness.
Medicare Supplement Plan G covers 100% of all doctor bills both in and out of the hospital as well as all out-patient medical and surgical services and supplies, physical and speech therapy, diagnostic tests, durable medical equipment; subject to the Part B deductible of $166 per year.
Medicare Supplement Plan G covers 100% of medically necessary skilled care, supplies and durable medical equipment within the Home Health Care category; subject to the Part B deductible of $183 per year.
Medicare Supplement Plan G covers all Medicare Part B excess charges. These are the charges that providers can balance bill you if they don’t take Medicare on assignment.
Medicare Supplement Plan G also has a Foreign Travel benefit where it pays 80% up to $50,000 lifetime maximum. This is after a $250 annual deductible.
Excess charges are the difference in cost between what a doctor or health provider charges for a medical service and the Medicare-approved amount. The beneficiary is usually responsible for paying this difference out-of-pocket for those providers that do not take Medicare on assignment.
For more information on how Florida Medicare Supplement Insurance can help with your health insurance needs call Neil Primack (561) 935-3907 or email him at: email@example.com.
Insurance Companies That Offer Medicare Supplement Plan G in Florida:
- Aetna Insurance
- Americo Insurance
- Blue Cross Blue Shield / Florida Blue
- Cigna Insurance
- Colonial Penn Insurance
- Gerber Insurance
- Hartford Life Insurance
- Sterling Insurance
- Transamerica Insurance
- United American Insurance