The Medicare Channel
If you are looking for a
Supplement insurance policy or a
MediGap insurance policy you have come to the right place.
A Medicare Supplement or a MediGap plan are interchangeable words
and mean the same thing.
***2015 Special Note***
If you are looking for the old plans before 06/01/2010 please
click here. The old plans will not be
available for sale after 05/31/2010 nationwide.
We help you easily understand the insurance
language and quickly zero in on a
Medicare supplement policy to meet both
your need and budget.
Selecting the right plan is really not
There are 10 plans the Center for Medicare Services or
(CMS) & the National Association of Insurance Commissioners (NAIC) created in 1990
and updated recently in June 2010. These plans are exactly the same
regardless of which insurance company offers the plan.
There are "holes" or "Gaps" in Medicare Part A and
Part B. The supplement policy you select will fill the financial
gaps. The number of these financial holes filled in will depend on
which supplement you select. The chart below will give you a quick
understanding of which plan might be best suited for you.
Year after year we have found
Medicare Supplement Plan F or
Medicare Supplement Plan G
to be the best
value for the dollar. The new
Plan N is a
great alternative to a Medicare Advantage plan.
might be recommended depending on
which state you live in and how much the supplement cost in relation
to available Medicare Advantage plans. A plan N will provide more
coverage and a very reasonable premium. In Florida we have the lowest rate
for plan F & plan N. See the
Medicare Supplement Plan chart below.
In general, the higher you go up in the
chart the more Gaps the plan fills. Medicare Supplement Plan F is
the most comprehensive supplement plan and there is not a better
plan than F. Most people will select a Plan F. However, depending on
your personal situation there may be a more cost efficient choice.
The first step is to
zero in on which plan you might want and complete the
Medicare Supplement quote request form or give us a call at
the number on the right. We will do the rest. We have shopped the
market for you and can quickly give you a quote for the plan of your
choice and answer all your questions.
The second step is
for us to send you a complete package and help you complete the
application. If you select us as your agent we will also give you
unlimited support in selecting a Part D Prescription drug plan as
well. We produce a report showing you which Medicare RX plan might
be best for you based on your current prescription drug need. And we
also help you enroll in the plan of your choice.
Call to speak to an agent
What do you have to lose? We still
like to provide good old fashioned customer service.
The standard chart was changed on June 1, 2010. The
new chart for 2015 has been posted on this website.
All of these plans are the same with every
insurance company offering the plan.
Not all plans are offered by every insurance
The one you select can make a difference on
how much your "out of pocket expenses" will be...
We help you make a wise choice...
Most of the time we recommend
Supplement plan F or
Supplement plan G
highlighted in the chart below in yellow. But the choice is
entirely up to you...
There are 10 Modernized Standardized Medicare Supplement plans “A”
The benefits of each plan are different, with the exception
that all plans are required to cover the “Basic Benefits” which are identified
below. Medicare standardized the plans in 1990 to limit the consumer’s
confusion when comparing coverage offered by different
companies. However beginning June 1, 2010 the plan chart and
the benefits are changing and improved to meet the changing
health care environment. Some benefits have been eliminated
and several benefits have been added to enhance the Medicare
With standardization, the consumer can easily
compare the benefits and the cost between the different
insurance companies offering the plans. The words "Medicare
supplement" and MediGap plans are interchangeable and mean
exactly the same thing. The descriptions
of benefits of each of these plans are in the table below.
How to read the
chart: If a check mark appears in the column, this
means the MediGap policy covers the benefit up to
100% of the Medicare-approved amount. If a dash is in
the column the benefit is not covered by the plan. If a column
lists a percentage, this means the MediGap policy covers the benefit at
a percentage rate of the Medicare-approved amount. If no
percentage appears or if the column has a dash,
this means the MediGap policy doesn't cover
the benefit. Note: The coverage of
coinsurance only begins after you have paid the deductible
on plans K & L.
|2015 Basic Benefits
•Hospitalization Coinsurance for days 61-90 is ($315 per
day) and days 91 and after while using lifetime reserve days
is ($630 per day)
• Payment in full for 365 additional hospital days
• 20% coinsurance for physician and other Medicare Part B
Medicare Part A Hospital Deductible
• The 2015 deductible is $1260
Skilled Nursing Facility (SNF) Coinsurance
• $157.50 a day for days 21-100 in a Skilled Nursing
Facility in 2015
Medicare Part B Yearly Deductible
• The 2015 deductible is $147
Medicare Part B Excess Charges
• Difference between doctor's charge and Medicare's approved
• Up to 15% above the Medicare approved charge which is the
doctor’s maximum charge
Foreign Travel Emergency
• Pays 80% of the cost of emergency care during the first
two months of each trip after you pay a $250 deductible
• Lifetime maximum of $50,000
Call to speak to an agent
Medicare at a Glance
Medicare & You
Choosing A MediGap Policy
Medicare's Guide to
Your Guide to What Medicare Part A & B Covers
Home | Medicare Supplement Plan Comparison Chart
Medicare Supplement Plan Comparison Chart For 2015| Medicare
Supplement Quote Request | Contact Us
2015 The Medicare Channel All Rights
Reserved. This website is a general description of benefits for Medicare
Supplement plans. Although every effort is made as to the accuracy of
the information on this website there is always the possibility of an
error. If you see an error please contact us so we can correct it. The
insurance policy will always determine benefits. Please contact us for
an outline of coverage provided by each of the insurance companies we
represent. Not all plans are available in all areas. If you submit a quote or information request a licensed agent
will contact you. We engage in insurance sales only in the states in
which we are properly licensed. We are currently licensed in
AL, AR, AZ, CO, FL, GA, IA, ID, IL, KS, KY, LA, MD,
MI, MO, MS, NE,
NM, NC, OH, OK, SC, PA, TN, TX,
VA & WV. Not
affiliated with, authorized by or endorsed by the U.S. government or the
federal Medicare program. For more information feel free to