Medicare Supplement Plan N Provides Valuable Coverage

Senior citizens in the Delaware Valley area who are shopping for the Best Medicare Plans often consider Supplement Plan N. It is a popular choice among Medicare recipients in Pennsylvania and New Jersey because it offers all the benefits Plan G does, with minor co pays and no coverage Part B excess charges when doctors don't accept Medicare assignment. It's important to note that the savings on a Plan N policy are fairly significant over Plan G, the most complete Medicare Supplement plan in the market. In addition to lower than Plan G premiums, Plan N is the new protected medigap plan, meaning that it is not open for guarantee issue cases. This means healthier beneficiaries leading to less claims being filed.

Among the standardized Medicare Supplement Plans, Plan N has proved to be popular among insurance consumers thanks to its coverage level at significantly lower premiums.Medicare Supplement Plan N offers coverage that Original Medicare doesn't include. However, it doesn't cover the Part B deductible and Medicare excess charges.

With the Part B deductible and excess charges not covered, it creates at least one certain yearly out-of-pocket expense to be paid within the year for the deductible. Excess charges only occur if your doctor does not accept the Medicare approved amount as full payment. the Maximum a provider can charge is 15% above the Medicare approved amount. In addition, there is a copayment of up to $20 for some doctor's office visits and $50 for ER visits, not leading to inpatient care. Despite the out-of-pocket expense, Plan N proves to be a good investment because of the coverage enrollees receive.

Under Plan N you receive coverage for:

● Part A hospital coinsurance and hospital costs up to 365 days after Original Medicare

benefits run out

● Part A hospice coinsurance

● Part A deductible

● Part B coinsurance (you will have to pay $20 out of pocket for doctor's office visits and $50

emergency care if you need services while traveling abroad (you have a $250 deductible

to pay first, then Plan N will cover 80 percent of the cost of your care until you reach the

lifetime limit of $50,000)

● Skilled nursing facility coinsurance

● The first 3 pints of blood needed for a medically necessary surgery.

By taking just a few minutes to compare policies, find out if you're eligible for discounts, and seeing if your state offers additional Medigap protections, Medicare beneficiaries in Pennsylvania and New Jersey may be able to save a lot of money with Plan N.