Medigap Enrollment 2012: What is Plan M?

Medigap Plan M again changes things up on us by making some coverage options unavailable and others available, and offering only a percentage of help with one option. Instead of getting full assistance with the Medicare Part A Deductible as some of the plans offer, Plan M only offers 50% assistance with this. This is better than Plan A that does not offer any assistance but is less than every other Medigap Plan except for Plan K that offers only 50% as well.

The Medicare Part B Deductible and Excess Charges assistance are not available with Plan M and neither is the assistance for the first three pints of blood. These options are available in various other Plans through Medigap but they are not available with Plan M. However, several of the other options are still available.

Medicare Part A coinsurance or copayment is available with hospital costs or Hospice costs in addition to Skilled Nursing Facility Care Coinsurance. Medicare Part B coinsurance or Copayment is also offered in addition to the Foreign Travel Emergency coverage up to plan limits. As you can see, there is truly an option for everyone when considering starting a Medigap insurance plan.?