Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
Medicare Supplement Plan L covers benefits in a unique manner than most other Medicare supplement plans, similar to plan K. This plan covers 100% of the Medicare Part A coinsurance and, after Medicare benefits are exhausted, hospital costs up to an additional 365 days. The insured is responsible for 75% of the Medicare Part A deductible, Medicare Part B coinsurance/copayment, the first 3 pints of blood, the Medicare Part A hospice care coinsurance/copayment, and the skilled nursing facility care coinsurance. The Part B deductible, Part B excess charges, and foreign travel emergency benefits are not covered under this plan.
After the yearly out-of-pocket limit, $2,330 in 2013, and Part B deductible, $147 in 2013, has been met, the plan will pay for 100% of covered services for the rest of the calendar year.
If you want to secure a plan that offers more comprehensive benefits, you may want to look into a plan F, G, C, or N.
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After the yearly out-of-pocket limit, $2,330 in 2013, and Part B deductible, $147 in 2013, has been met, the plan will pay for 100% of covered services for the rest of the calendar year.
If you want to secure a plan that offers more comprehensive benefits, you may want to look into a plan F, G, C, or N.