Medicare – Plan K
Medicare Supplement Plan K offers you the same basic benefits as other supplements, but with lower premiums. For example, this plan will still cover preventive care services and give you an extra year in the hospital. However, you split the cost-sharing with the insurance carrier on certain items like the Part A deductible. You also agree to pay the Part B deductible and any excess charges.
Medicare Plan K also includes a cap on your spending called an out-of-pocket maximum. For instance, let’s say you have a year with a lot of medical treatments. If your out-of-pocket spending reaches the maximum limit, then your Medigap K policy will kick in to pay all of the rest for that year.
Still have questions, or need more information on how to pick the plan that is right for you?
The Benefit Link is here to help! Give us a call and speak to a licensed insurance agent:
Medicare Supplement Plan K
|Medicare Part A coinsurance and coverage for hospital benefits||✔|
|Medicare Part B coinsurance or copayment||50%|
|Blood (first three pints)||50%|
|Hospice Care coinsurance or copayment||50%|
|Skilled Nursing Facility Care coinsurance||50%|
|Medicare Part A deductible||50%|
|Medicare Part B deductible||❌|
|Medicare Part B excess charges||❌|
|Foreign Travel Emergency (up to plan limits)||❌|
How can we serve you today?
It can be difficult to know whether or not you have proper coverage, but we can help! It’s our passion to provide peace of mind and ensure that you are well informed of your options and receive the best possible rates. Please feel free to call us at anytime, even if it’s just to chat.