| What Is A Medigap Policy? A Medigap (sometimes called "Medicare Supplement Insurance) policy is health insurance designed to supplement the Original Medicare Plan. If you have Original Medicare (Parts A and B), and you buy a Medigap Policy, then both plans will pay their share of Medicare-approved amounts for covered health care costs. Medigap policies are designated by different letters (A through L). Usually, the only difference between Medigap Policies sold by different companies is the cost. A Medigap Policy covers only one person. Therefore, if you and your spouse both want Medigap coverage, you each must buy separate Medigap policies. What You Might Pay If You Had Original Medicare, but No Medigap or Medicare Advantage Plans: | Cost Sharing | What YOU PAY in 2009 (these amounts can change each year) | Medigap Policies that may help pay all or some of these costs | Medicare Part A Coinsurance & Hospital Benefits | For each benefit period, YOU PAY: $256/day for days 61-90 $534/day for days 91-150
(while using your 60 lifetime reserve days) | Medigap Plans: A, B, C, D, E, F, G, H, I, J, K or L | Medicare Part B Coinsurance or Copayment | YOU PAY all coinsurance, generally 20% of Medicare approved amounts for most covered services and any copayment after you meet the $135 yearly Part B deductible | Medigap Plans: A, B, C, D, E, F, G, H, I, J, K or L | | Blood | Generally, YOU PAY for the first 3 pints of blood | Medigap Plans: A, B, C, D, E, F, G, H, I, J, K or L | Hospice Care Coinsurance or Copayment | YOU PAY a coinsurance or copayment, up to $5 for inpatient drugs and 5% of the Medicare-approved amount for inpatient respite care. | Medigap Plans: K or L | Skilled Nursing Facility Care Coinsurance | For each benefit period, YOU PAY: | Medigap Plans: C, D, E, F, G, H, I, J, K or L | | Medicare Part A Deductible | For each benefit period, YOU PAY: | Medigap Plans: B, C, D, E, F, G, H, I, J, K or L | | Medicare Part B Deductible | YOU PAY the $135 yearly deductible | Medigap Plans: C, F or J | | Medicare Part B Excess Charges | YOU PAY the difference between the Medicare- approved amounts and the limiting charge (115%) | Medigap Plans: F, G, I, J | | Foreign Travel Emergency | Generally, YOU PAY all costs | Medigap Plans: C, D, E, F G, H, I, J | | At-Home Recovery | YOU PAY: | Medigap Plans: D, G, I, J | | Preventive Care Coinsurance | Generally, YOU PAY all costs | Medigap Plans: A, B, C, D, E, F, G, H, I, J, K or L | Preventive Care not covered by Medicare | YOU PAY all costs | Medigap Plans: E or J |
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