Medicare Supplement Plan Comparison

If you desire lower premium payments, a cost-sharing plan may be right for you. These plans pay a portion of several cost categories, leaving members to share in the cost. The amount you will need to pay varies from plan to plan. With Plan K, you are required to pay 50% of covered benefits, while Plan L covers 75%. These are the benefits covered by Plans K and L:

• 100% coverage of Medicare Part A coinsurance and hospital costs for up to 365 days after your Medicare benefits run out.
• 50%/75% Medicare Part A hospice care coinsurance and copayments
• 50%/75% coverage of Medicare Part A deductible
• 50%/75% coverage of Medicare Part B coinsurance and copayments
• Medicare Part B excess charges
• 50%/75% coverage of skilled nursing facility care coinsurance
• 50%/75% coverage for blood to be used in a medical procedure, up to 3 pints.

Plan M covers most of these costs fully, but will only pay 50% of your Part A deductible. Unlike plans K, L, and M, Plan N is not specifically a cost sharing plan, but it does have some cost-sharing features. Rather than a percentage, Plan N members are required to pay up to $20 for in-person office visits and up to $50 for emergency room visits. The exact amount varies across insurers.