Medicare Plan N is the most popular Medicare Supplement available to seniors today. The supplemental plan is designed to fill the gaps left behind when Medicare takes the entire coverage of a hospital stay or similar procedure out of the pocket. There are seven different plans available to seniors today. Plan N is the most popular as it covers everything the original Medicare covers. Plan N does have certain restrictions that should be understood before deciding if it is the best supplemental plan for you.
Medicare Supplement Plan N
To save money on your original Medicare plan is, the supplemental plan use a cost sharing system. Medicare Supplement Plan N pays 100 percent of the Medicare Part B deductibles, with two exceptions; you are still responsible for paying $50 for an emergency room visit. With Medicare supplement plan n, you will also have an option to choose how much of the total cost of the service you want to pay. If you opt for the “deductible” plan option, you will only be required to pay the deductible, and nothing more.
Another limitation in Medicare plan n is that you may not use the services or the hospitals in your area if the rates are less than your current rate. Medicare Part B is intended to cover the “expenses” listed under the original plan. It is important to understand that regardless of whether or not you meet the requirements of the original Medicare plan, you may be eligible for additional benefits that are listed under supplemental insurance plans. Your Medicare medigap insurance company can provide you with more details about Medicare supplement plan is and the options available to you.