The core benefits in the Medigap insurance program, also referred to as a Medicare Supplement. This supplement insurance is to cover the cost that the Medicare plans do not cover. There are 12 specific benefit plans which pay Medicare deductibles, cover the co-payments and the surplus cost. It also covers if one chooses to see a doctor who is outside of the Medicare’s network. The benefit plans can be adjusted to the plans that one is in need of. According to EzineArticles.com (2010), "Coinsurance hospital costs up to additional 365 days past Medicare Part A, Coinsurance or Copayment excluding preventative care for Medicare Part B, First 3 pints of blood, Skilled Nursing Facility Coinsurance (excludes A and B), Deductible Medicare Part A (excludes A), Coinsurance Medicare Part B Preventative care” (The Medigap benefits offered with most plans A-N include, Para. 1). I believe that the coverage is met in a manageable need to consumers, but I believe that the cost should be lower than the rates that are offered to the seniors. The plans are somewhat fair considering the benefits and limits offered by each plan I just believe that the plans should better but with a lower rate for the seniors to afford on their fixed income. For example, my grandparents earn an amount of $1,854.00 each month and this amount is what takes care of their house payment , utilities, car insurance and their Medigap insurance is outrageous for them both together it cost $205.00 per month. This may not seem a lot but with a fixed income this is outrageous. From what my grandparent have told me it is not that difficult of having a private company associated with a government insurance program unless either side does not get the correct information that is needed. Whether it be personal information or medical information that should been communicated through the private and government insurance programs.
EzineArticles.com . (2010). Medigap Benefits - What Are the Core Benefits...
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