Go Fill in the Gaps
The supplement policies cover up few or all of those things that are not covered under Medicare Part A and B.
Part A of Medicare policy is better known as "Hospital Insurance" and covers home health care, skilled nursing facilities, and hospice; Part B of Medicare policy or "Medical Insurance" covers doctor's visiting charges and preventive medical services.
However, Medicare Supplement Policies do not fill the gaps in Part C (Medicare Advantage, in which you get the benefit of availing services from doctors who work under a particular insurance company) and D (Medicare Prescription Drug Coverage, which covers medication costs) of the Medicare Insurance.
It is possible for one to subscribe to both Original Insurance as well as Medicare Supplement, and claim the coverage provided by both the Insurances, wherein both the policies pay their own share of health care coverage.
Apart from all the facilities that come along with Medicare Part A and B, the other excess charges, such as deductibles, co-pays, and co-insurances are covered by Medicare Supplement Insurances.
A few of the Medicare Supplement Insurances also pay for services that are otherwise not covered by the Original Medicare Insurances such as coverage for at-home recovery after an accident or surgery, and preventive services.
Since these insurances are sold by private insurance companies, the premiums for similar insurance policies by different companies might vary, even though the coverage offered in terms of benefits might remain the same.
Also, a good amount of research is recommended before you choose your Supplement Insurance as a lot of considerations come into play before you choose your perfect Medicare Supplement plan, keeping in mind your requirements and what all facilities you want to incorporate into your Insurance.
Also, the financial stability of the insurance company and all the underwritings included in the benefit plans should be inquired of before you finally zero in on a particular Medical Supplement Insurances package.
Part A of Medicare policy is better known as "Hospital Insurance" and covers home health care, skilled nursing facilities, and hospice; Part B of Medicare policy or "Medical Insurance" covers doctor's visiting charges and preventive medical services.
However, Medicare Supplement Policies do not fill the gaps in Part C (Medicare Advantage, in which you get the benefit of availing services from doctors who work under a particular insurance company) and D (Medicare Prescription Drug Coverage, which covers medication costs) of the Medicare Insurance.
It is possible for one to subscribe to both Original Insurance as well as Medicare Supplement, and claim the coverage provided by both the Insurances, wherein both the policies pay their own share of health care coverage.
Apart from all the facilities that come along with Medicare Part A and B, the other excess charges, such as deductibles, co-pays, and co-insurances are covered by Medicare Supplement Insurances.
A few of the Medicare Supplement Insurances also pay for services that are otherwise not covered by the Original Medicare Insurances such as coverage for at-home recovery after an accident or surgery, and preventive services.
Since these insurances are sold by private insurance companies, the premiums for similar insurance policies by different companies might vary, even though the coverage offered in terms of benefits might remain the same.
Also, a good amount of research is recommended before you choose your Supplement Insurance as a lot of considerations come into play before you choose your perfect Medicare Supplement plan, keeping in mind your requirements and what all facilities you want to incorporate into your Insurance.
Also, the financial stability of the insurance company and all the underwritings included in the benefit plans should be inquired of before you finally zero in on a particular Medical Supplement Insurances package.
