When Can I Change My Medicare Supplement Plan?
Everyone keeps asking, “When can I change my Medicare supplement plan?” You know that you should apply
March 5, 2019
Medicare Supplement Plan D
Medicare Supplement Plan D is one of the insurance plans used to help cover certain costs not covered by Original Medicare. It is important to note that Medicare Supplement Plan D is not the same as Medicare Part D, which covers prescription drugs.Â
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Coverage for Plan D
Plan D offers more coverage than Plans A and B:
- Coinsurance payments (Medicare Part A) for inpatient hospital care up to an additional year after the Medicare benefits have been used up
- Copayment or coinsurance expenses for Medicare Part B
- First three pints of blood used in a medical procedure
- Hospice care coinsurance expenses or copayments for Part A
- Skilled nursing facility care coinsurance
- Part A deductible
- 80% of foreign travel emergency expenses but only up to plan limits
With Plan D, you can save thousands of dollars in medical expenses. If Medicare pays for a service, then there will be no worry about Plan D covering its portion of the benefits mentioned above.
What is not covered by Plan D?
While Plan D does offer more benefits than Plans A and B, it lacks the coverage for deductibles or excess charges from Medicare Part B. These will all be out-of-pocket expenses unless you choose to go with Plans F or G.Â
As mentioned above, do remember that Plan D also does NOT offer coverage for prescription drugs as Medicare Part D does. There are no Medicare Supplement plans that cover prescription drugs.
Is Plan D right for me?
The decision to choose a Medicare Supplement plan is ultimately up to you. If you are looking for a plan that offers a reasonable amount of coverage, then Medicare Supplement Plan D might be worth looking into. The only issue is that Plan D is generally not offered by numerous insurance companies.
