Why Purchase Medicare Supplement Insurance?
While the federal Medicare program covers some hospital and medical costs, it does not cover them all. A Medicare supplement insurance plan may help lower out-of-pocket costs for hospital stays, blood, and Medicare Part B eligible expenses. Some plans also assist with skilled nursing facility co-payments and Medicare Part B excess charges.
Facts To Consider
There are different standardized Medicare supplement insurance plans, each with a different set of benefits, no matter where you live (except for Massachusetts, Minnesota, and Wisconsin) the benefits offered by each individual plan will be the same. Medicare Part A Hospital Coverage – Covers hospital/ skilled nursing facility care; includes certain charges, services and supplies.