New York Medicare Supplement Insurance Plans

New York Medicare Supplement Insurance Plans

New York Medicare Supplement Insurance Plans are designed to fill in the gaps left by Medicare insurance for hospitalization and outpatient procedures. These Medigap plans fit into the gaps left by Medicare Insurance like a key fits into a lock. In New York, there are 10 standardized Medicare Supplement Insurance Plans to choose from. They are lettered A through N.

Though the coverages for the same lettered New York Medicare Supplement Plan with company are the same as an New York Medicare Supplement Insurance Plan with any other company, the rates vary between New York Medicare Supplement Insurance Companies.

This means if you get a specific New York Medicare Supplement Plan such as a Medigap Plan F with AARP or Blue Cross, Loyal American, Mutual of Omaha or any other company it will cover you exactly the same.

This makes it very important to shop around to find the best rate on Comprehensive New York Medicare Supplemental Insurance.

comparison_of_medicare_supplement_plans

Since New York Medicare Supplement Insurance Plans are standardized, you will get the same coverage for the same plan (i.e. Plan F) no matter which company you choose. So for instance, if you get an AARP Medicare Supplement Plan F it will cover you the same as a Loyal American Plan F, a Blue Cross Plan F or any other company that offers Medigap coverage.

Therefore, it is more important than ever to shop around multiple Medicare Supplement Insurance Companies to find the best price possible for the exact same coverage.

Call (888) 875-4463 today to receive a multiple company rate analysis on New Jersey Medicare Supplement Insurance Plans. Or you can simply fill out the form on this page to speak with a licensed Medicare Supplement Insurance Specialist.


OUTLINE OF MEDICARE COVERAGE

Benefit Chart of Medicare Supplement Plans Sold for Effective Dates as of Jan 1, 2013

Plan A Plan B Plan C Plan D F F* Plan G Plan K Plan L Plan M Plan N
Basic, including 100%
Part B co-insurance.
Basic, including 100%
Part B co-insurance.
Basic, including 100%
Part B co-insurance.
Basic, including 100%
Part B co-insurance.
Basic,
including
100%
Part B co-insurance.
Basic,
including 100%
Part B co-insurance.
Hospitalization and preventative care paid at 100%; other basic benefits paid at 50% Hospitalization and preventative care paid at 100%; other basic benefits paid at 75% Basic, including 100%
Part B co-insurance.
Basic, including 100%
Part B co-insurance except**
    Skilled Nursing Facility Co-insurance Skilled Nursing Facility Co-insurance Skilled Nursing Facility Co-insurance Skilled Nursing Facility Co-insurance 50% Skilled Nursing Facility Co-insurance 75% Skilled Nursing Facility Co-insurance Skilled Nursing Facility Co-insurance Skilled Nursing Facility Co-insurance
  Part A Deductible Part A Deductible Part A Deductible Part A Deductible Part A Deductible 50% Part A Deductible 75% Part A Deductible 50% Part A Deductible Part A Deductible
    Part B Deductible   Part B Deductible          
        Part B Excess (100%) Part B Excess (100%)        
    Foreign Travel Emergency Foreign Travel Emergency Foreign Travel Emergency Foreign Travel Emergency     Foreign Travel Emergency Foreign Travel Emergency
            Out-of-Pocket limit at $4,620; paid at 100% after limit reached Out-of-Pocket limit at $2,310; paid at 100% after limit reached    

*Plan F also has an option called a high deductible Plan F. This high deductible plan pays the same benefits as Plan F after one has paid a calendar year $2,000 deductible. Benefits from high deductible plan F will not begin until out-of-pocket expenses exceed $2,000. Out-of-pocket expenses for this deductible are expenses that would ordinarily be paid by the policy. These expenses include the Medicare deductibles for Part A and Part B, but do not include the plan’s separate foreign travel emergency deductible.

**Plan N includes Basic, including 100% Part B co-insurance, except up to $20 copayment for office visit, and up to $50 copayment for ER.