Medicare Supplement Insurance

Medicare is health insurance for

  1. People age 65 or older
  2. People under 65 with certain disabilities, including End Stage Renal Disease

You have two Medicare insurance coverage choices.

1. Original Medicare

Part A

Hospital Insurance

  • Inpatient Care
  • Inpatient Nursing Care
  • Inpatient Services and Supplies

Part B

Medical Insurance

  • Doctors' Services
  • Outpatient Care
  • Preventive Services

2. Medicare Advantage

Part C

Advantage Plans

  • Medicare Part A
  • Medicare Part B
  • May offer additional benefits

Part D: Optional Prescription Drug Coverage

Medicare Part D is a prescription drug option run by private insurance companies approved by and under contract with Medicare helps cover the cost of prescription drugs. It may help lower your prescription drug costs and help protect against higher costs in the future.

You have out-of-pocket costs with Original Medicare.

Deductibles

Coinsurance

Copayments

Medicare Part A: Hospital Insurance

Feature Medicare Pays* You Pay*
Deductible Nothing $1,216
First 60 Days 100% $0
Coinsurance 61-90 days All but $304 a day $304 a day
Coinsurance 91-150 days All but $608 a day $608 a day
Coinsurance 151+ days Nothing Eligible Expenses
Blood All but three pints Three pints
Skilled Nursing Facility Care First 20 Days 100% $0
Coinsurance 21-100 days All but $152 a day $152 a day
Coinsurance 101 days and after Nothing All

Medicare Part B: Medical Insurance

Feature Medicare Pays* You Pay*
Deductible Nothing $147
Coinsurance Generally 80% of Medicare approved expenses Generally 20% of Medicare approved expenses
Excess Benefits Nothing All
Blood All but three pints Three pints

Additional Benefit

Feature Medicare Pays* You Pay*
Emergency Care Received Outside the U.S. Nothing All costs

*Reflects 2014 Medicare program

Medicare supplement insurance helps you pay your out-of-pocket costs.

Medicare Supplement

  • Medicare Part A Coinsurance
  • Medicare Part B Coinsurance
  • Deductible Coverage Available

Works with Original Medicare

A Medicare supplement insurance policy, also known as a Medigap policy, helps pay your share (coinsurance, copayments or deductibles) of the costs of Medicare-covered services. Some Medicare supplement policies cover certain costs not covered by Original Medicare.

Companies Offer the Same Basic Benefits

Medicare supplement insurance companies can only sell you a standardized Medicare supplement policy identified by letters A through N. Each standardized Medicare supplement insurance policy must offer the same basic benefits, no matter which insurance company sells it. Cost is usually the only difference between Medicare supplement policies sold by different insurance companies.