Medicare Supplements, frequently referred to as Medigap, help to cover what original Medicare does not. Original Medicare (Parts A and B) has gaps that include annual deductibles, coinsurance and copays. Generally speaking, Original Medicare covers 80% of in-patient hospital services and 80% of out-patient physician services. Purchasing a supplement plan will help close the “gap” left by Original Medicare.
Massachusetts has three basic supplement plans:
- A core plan
- A supplement 1A
- And a supplement 1. (As of 1/1/2020 only the core plans and supplement 1a plans are offered)
Our setup here in Massachusetts is much different from most other states. This can be confusing when researching Medicare for the first time. Both the core plan and supplement 1A plan may offer the desired benefits enrollees are seeking as they enroll in Medicare.
(Schedule a FREE consultation today to discuss these plans further in detail.)
When researching Medicare Supplements, it’s important to understand what these plans do not cover. Medicare Supplements in Massachusetts do not provide drug coverage, also known as part D. We HIGHLY recommend enrolling in a drug plan at the same time a beneficiary enrolls in a Medicare supplement plan. This will help control drug costs by providing comprehensive coverage, and prevent any future penalties
Many plans do offer other ancillary benefits like fitness reimbursement and group discount affiliation programs.
