Services not covered by Medigap

What Medigap policies don’t cover

Medigap policies don’t cover long-term care (like care in a nursing home), vision or dental care, hearing aids, eyeglasses, and private-duty nursing.

Types of coverage that are NOT Medigap policies

• Medicare Advantage Plans (Part C), like an HMO, PPO, or Private Fee-for-Service Plans
• Medicare Prescription Drug Plans (Part D)
 • Medicaid
 • Employer or union plans, including Federal Employees Health Benefits Program (FEHBP)
• Veterans’ benefi ts
• Long-term care insurance policies
• Indian Health Service, Tribal, and Urban Indian Health plans

• Generally, you must have Medicare Part A and Part B to buy a Medigap policy.

• You pay a premium for your Medigap policy to the private insurance company, in addition to the monthly Part B premium that you pay to Medicare.

• A Medigap policy only covers one person. If you and your spouse both want Medigap coverage, most likely, you each will have to buy separate Medigap policies.

• You can buy a Medigap policy from any insurance company that is licensed in your state to sell one to you.

• If you want to buy a Medigap policy, follow the “Steps to buying a Medigap policy.”

 • Any standardized Medigap policy is guaranteed renewable even if you have health problems. This means the insurance company can’t cancel your Medigap policy as long as you pay the premium.

• Although some Medigap policies sold in the past cover prescription drugs, no new Medigap policies are allowed to include prescription drug coverage.

• If you want prescription drug coverage, you may want to join a Medicare Prescription Drug Plan (Part D) offered by private companies approved by Medicare.

1 comment:

Health Insurance Australia said...

Yes this blog provides wonderful information for readers. Can you please tell me is there any insurance plan for confined space rescue equipments.

Medical Billing Popular Articles