Medicare Supplement Insurance Plans Arizona
Original Medicare includes Part A and Part B, but you can be left with some out-of-pocket expenses. Depending on your medical conditions and treatment plan, these can add up substantially. Medicare supplement insurance plans in Arizona add additional coverage options to existing plans.
Private insurance companies administer the supplemental plans. The added coverage helps to pay for deductibles, copays, and qualified healthcare expenses. Patients can utilize their plan at any provider that accepts Medicare. Nevertheless, the plans do come with a monthly premium. If your provider accepts Original Medicare, they will more than likely accept it.
Why Speak to a Medicare Supplement Insurance Advisor?
Patients can reduce their out-of-pocket expenses by switching to a Medicare Supplement plan. For example, a person on dialysis can anticipate spending between $53,000 and $72,000, depending on plan type. So, someone on Original Medicare would be responsible for $10,600 to $14,440 in coinsurance premiums.
If you broke your arm, the nonsurgical cost to repair and treat a broken arm is $2,500. Physicians can charge this much if it is the Medicare allowable rate. Then, Medicare would cover $2,000, leaving you with a $500 bill. Choosing a supplemental insurance plan could help you to eliminate these additional fees.
Medigap Insurance Plans
Medicare plans vary in coverage depending on the plan type. Plans K and L pay 100% of covered services for the year after an individual pays the Part B deductible and the respective annual out-of-pocket limit.
