Medicare supplement plans have been designed to help cover the remaining 20% medical expenses not covered by Medicare. Medicare will pay the first 80% of those expenses. These Medicare supplement plans are also known as Medigap. There are 10 established types of Medicare supplement plans available and they are known by the letters A-N. Each Medicare supplement plan will cover certain medical issues important to an individual. One of the Medicare supplement plans is Plan D which may be in the middle ground of all the plans. Medicare supplement Plan D has more coverage than Medicare supplement plans A or Plan B, but may not cover as much as Plan C or Plan F. For instance. Medicare Supplement Plan D does not cover Medicare Part B deductible or excess charges one may incur with their medical problem. Other Medicare supplement pans may cover these expenses.
There is a Medicare Part D plan that should not be confused with the Medicare supplement Plan D. Medicare Part D is a plan solely for prescription drugs that a physician may order for his patient. This is secured from Medicare prescription drug plans or a Medicare Advantage Plan. Medicare supplement Plan D is secured from private insurance agencies that specifically offer Medicare supplement plans. They all must offer Plan A, but do not have to offer all the Medicare supplement plans. So if you have Medicare Part A and Medicare Part B and a Medicare supplement plan you may wish to also add on a Medicare Part D prescription plan to help with those expenses.
Benefits of an Aetna Medicare Supplement Plan D:
Medicare Part A deductible
Medicare Part A hospital expenses of inpatient care for 365days beyond the 365 days Medicare pays.
Medicare Part A hospice copayment or coinsurance
Medicare Part B copayment or coinsurance
Nursing care home coinsurance
Foreign health care up to 80%
First three pints of blood needed in a medical procedure.
Medicare supplement Plan D does not cover Medicare Part B deductibles or excess charges. These excess charges may be the additional expense a doctor will charge above the amount allowed for the procedure by Medicare or a specialists charges above the set amount. Other plans like Medicare supplement plans F and G will cover these expenses. It is wise to look carefully at all the plans to see which ones will meet ones budget. Where one resides will also have a difference in the monthly premiums one will have to pay.