Medicare Supplement Plan L
Medicare Supplement Plan L policy also includes a cap on your expenses. This is referred to as your out-of-pocket limit or maximum. Medicare sets this limit annually, and in 2018, the limit for Plan L is $2,620. This means that if in any one calendar year your spending reaches $2,480 in Medicare-approved covered expenses, then the Medigap insurance carrier pays the rest. The cap makes it much easier to agree to share in 25% of the costs on the items listed because you know that even if a year of bad health occurs, you won’t have more exposure than the maximum cap figure.
| Medicare Part A coinsurance and coverage for hospital benefits | ✔ |
|---|---|
| Medicare Part B coinsurance or copayment | 75% |
| Blood (first three pints) | 75% |
| Hospice Care coinsurance or copayment | 75% |
| Skilled Nursing Facility Care coinsurance | 75% |
| Medicare Part A deductible | 75% |
| Medicare Part B deductible | ❌ |
| Medicare Part B excess charges | ❌ |
| Foreign Travel Emergency (up to plan limits) | ❌ |
What Our Clients Say
At The Benefit Link we won’t treat you like you’re a “number”, but a member of our own family. But don’t take our word for it, below are just a few of the reviews our satisfied clients have given us.
Don't Overpay For Medicare coverage
There is no charge to clients for our services. We would be honored to help walk you through this process!
1-972-236-3348