Using Medigap is a great way to provide yourself with some medical insurance coverage for the expenses Medicare doesn’t take care of for you. Many people with large medical bills or constant health issues like the security Medigap can provide them with.
And while Medigap can take care of a number of your medical expenses it is important to know how it works and what exactly it will cover. When you go outside of the United States for medical care, Medicare usually won’t cover it. Medigap, on the other hand, may take care of those expenses for you.
Your coverage will depend on the plan you are using. Plans C, D, F, G, M and N will all provide coverage for foreign medical expenses. If you were using plan E, H, I or J before June 1st, 2010, then you will receive coverage from those plans as well.
If you are covered under Medigap, all of these plans will pay 80% of foreign medical expenses. This does not include the $250 deductible you are required to pay on foreign medical charges. The coverage will last for up to 60 days of what Medicare does not pay for. Over the lifetime of your policy, under Medigap, you are allowed up to $50,000 in foreign medical expenses. After that, your policy will no longer cover you and you will have to pay your expenses out of your own pocket.
Before you leave the country to receive medical care, you should talk to your Medigap representative. That way you can find out exactly what your policy covers and not have any surprising fees to pay.
With all the many Medigap plans available, and the outstanding benefits and coverage that we all know they have, believe it or not for Seniors like us Medicare itself has a few flaws. Yes a government run health care system is not perfect, can you believe that?
Well while Medicare knew we all needed help paying medical bills (Medicare Part A, Part B, a Medigap plan or Medicare advantage plan), and they knew we all needed their precious drugs (Part D prescription plan…big business!) they forgot that us baby boomers had teeth, eyes, and ears!
Can you believe that Medicare A and B which most of us have or we’re going to have soon does not cover any dental, hearing, or vision needs expect for cataracts surgery. Things like hearing aids, dentures, crowns, and fillings are simply not covered. What’s a senior to do?
Well I personally have a Medicare Plan F policy and I love it. But I had to enroll in a separate dental/hearing/vision plan, which I did not love. The premium is an extra $31 per month and that is only for $1000 max coverage per year. There ‘s a deductible as well of $100. The plus side is this coverage does include hearing and vision, of which both of mine are fine (at the moment).
So with many changes coming up to Medicare, which we try to keep track of for all of our readers, unfortunately there is nothing on the horizon for any of the Medigap plans including any dental coverage. Although considering that no one on earth has likely read through the entire Obamacare rule book (remember according to Pelosi the bill has to pass before we know what’s in it) maybe, just maybe there’s some kind of surprise in there for us old folk when it comes to our teeth. I’m not holding my breath. Which happens to be delightfully fresh as I just got back from dentist and a cleaning.