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Medicare Plan K
Medigap K plan is prepared slightly unlike than the majority of the Medigap plans.
Instead of providing the maximum amount of benefits, it focuses instead on reducing
your annual deductible. After you meet your out-
Medigap Policy K is designed specifically to help people who need additional hospital,
hospice and skilled nursing services. In addition to providing all of the services
that Medicare Part A offers which consists of 100% hospital coinsurance costs, Medigap
Policy K offers 50% co-
Medigap Plan K covers:
• Medicare Part A Coinsurance, and all costs after hospital benefits are exhausted
• 50% of Medicare Part B Coinsurance or Copayment for other than preventative services
• 50% of Blood (first 3 pints). Medicare typically covers all costs associated with blood after the first 3 pints.
• Medicare Preventative Care Part B Coinsurance
In addition, it also covers:
• 50% of Hospice Care Coinsurance or Copayment
• 50% Skilled Nursing Facility Care Coinsurance
• 50% of Medicare Part A Deductible
Medigap Plan K doesn’t cover preventive Care not Covered by Medicare, At-
The most attractive part of this medigap policy, however, is that you will never have to pay a cost over $4620 on medical expenses in a single year. All costs above this amount are paid in full, no questions asked, when you buy this medigap policy.
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