For Doctor Visits you Medigap Co-Insurance (out of pocket) varies depending on which Medigap Plan you carry. Medigap Plan F carries the most coverage options.
Part B Co-Insurance with Medigap Plans
Medigap Plan A, Plan B, Plan C, Plan D, Plan F, Plan G, Plan M pays 100% of your Part B co-insurance while Medigap Plan K pays for 50%, Medigap Plan L pays 75%.
Part B Deductible with Medigap Plans
Medigap Plan C and Plan F pays for your Part B deductible of $147
Part B Excess with Medigap Plans
Medigap Plan F and Plan G pays 100% your Part B excess
Medigap is a supplemental insurance to medicare. You can check out more of this at www.medicare.gov/medigap/Default.asp or www.LongevitySupplemental.com
Medigap insurance is used to cover the areas where Medicare does not cover. Medigap can be purchased with a private insurance company.
The doctor's charges and the copay are separate fees, of course. With that, even if the charges are less than the copay, the physician still collects the patient's copay. At anytime, the physician can waive, then write-off, the copay, but I wouldn't advise this.
The Medigap Policy Search gives information on Medigap policies in your area. It doesn't give information on Original Medicare or Medicare Health Plans (like HMOs and PPOs).
You may be able to choose up to 12 different standardized Medigap policies (Medigap Plans A through L). Medigap policies must follow Federal and State laws. These laws protect you. A Medigap policy must be clearly identified on the cover as “Medicare Supplement Insurance.” Each plan, A through L, has a different set of basic and extra benefits.
www.medicare.gov/find-a-plan/questions/medigap-home.aspx is a government website that provides information about medigap insurance. It explains it more in depth and also talks about how much one would have to pay.
No
The Medigap Policy Search gives information on Medigap policies in your area. It doesn't give information on Original Medicare or Medicare Health Plans (like HMOs and PPOs).
Copay is a relatively recent term. It is not hyphenated. In general, short words like this are not hyphenated.
Medicare does not offer complete health insurance protection. Medigap insurance is a type of plan intended to supplement Medicare coverage
$141.50 is the copay for Medicare nursing home stays (day 21-100)
There are "gaps" in Medicare coverage and the only way to fill those gaps is to purchase private Medigap insurance. Unexpected medical costs can be financially devistating for anyone but especially retirees, many who live on a fixed income. Not having Medigap insurance is a gamble. Having Medigap Insurance ensures peace of mind should a medical crises occur.