Medicare does not pay for all of your medical expenses; this is why having a supplemental Medicare health plan is so important. Medicare Supplement Insurance specifically supplements coverage provided by Medicare Parts A and B. The benefits available in each plan vary as well as the premium amounts. Selecting the right plan and specific coverage for you will protect you from the gap that Medicare does not pay. You will also have the benefits of choosing your own doctor and knowing that benefits rise automatically with increases in Medicare deductibles and copayments.

Basic benefits covered by Medicare Parts A and B include the following:

  • Hospitalization: Part A co-insurance plus coverage for 365 additional days after Medicare benefits end
  • Medical expenses: Part B co-insurance (generally 20 percent of Medicare-approved expenses) or, in case of hospital outpatient department services under a prospective payment system, the applicable co-payment
  • Blood: First three pints of blood each year

Additional benefits that may be included depending on the standardized plan are:

  • Skilled Nursing
  • Medicare Part A and B deductibles
  • Foreign travel emergency
  • At-home recovery