Medicare Supplement Plan F Rate Comparisons

Plan F is the only Medicare Supplement plan that covers Medicare excess charges.

An excess charge is the difference between the amount Medicare will pay and what a provider or doctor charges. Plan F protects you from additional out-of-pocket expenses should you require treatment which exceeds what Medicare will approve. Additionally, Plan F also has a high-deductible option - If you choose this option on Medicare Supplement Plan F, you will be required to pay a deductible of $2,000 before the plan pays anything. This amount can go up each year. High-deductible policies have lower premiums, but if you become sick, you'll have higher out-of-pocket costs.

Because Plan F covers costs in excess of Medicare-approved amounts, you will likely have no out-of-pocket costs for hospital and doctor's office care with this plan.

Medicare Supplement Plan F covers:

• Hospitalization: pays Part A coinsurance plus coverage for 365 additional days after Medicare benefits end
• Medical Expenses: pays Part B coinsurance – generally 20 percent of Medicare-approved expenses – or copayments for hospital outpatient services
• Blood: pays for the first three pints of blood each year.
• Skilled nursing facility care
• Medicare Part A deductible for hospitalization
• Medicare Part B deductible for Medical and Hospital outpatient expenses
• Medicare Part B Excess Charges (the difference between what a doctor or provider charges and the amount Medicare will pay up to Medicare's limiting amount)
• Travel-abroad Medical Emergency Assistance

OUTLINE OF MEDICARE COVERAGE

Benefit Chart of Medicare Supplement Plans Sold for Effective Dates as of June 1, 2010