Medigap Plan K

Medigap Plan K

With a Medigap Plan K you will share certain health expenses with the insurance company at 50% until you reach an annual out-of-pocket limit of $4,960. After this is reached, Plan K then pays all the shared expenses at 100%.

Plan K covers 6 of the 9 Medicare Supplement Benefits

The premium savings would have to be extremely compelling before purchasing a Plan K would make any sense.

To see a benefits chart comparing all plans click here.

A Medigap Plan K Covers:

Medicare Part A Coinsurance (Hospital)

A Medigap Plan K Covers the Following at 50%

Until the Out-of-Pocket Limit is Met

Medicare Part B Coinsurance (Medical)

Blood (First 3 Pints)

Part A Hospice Care Coinsurance and Copay

Skilled Nursing Facility Care Coinsurance

Part A Deductible

A Medigap Plan K Does Not Cover:

Part B Deductible

Part B Excess Charges

Foreign Travel Emergency

Covered Part A Costs (Hospital) per *Benefit Period with a Medigap Plan K

Plan K Part A Benefit Chart

* A benefit period begins when you receive services as an inpatient in a hospital. It ends after you have been out of the hospital and have not received skilled care in other facility for 60 consecutive days. All Part A copayments and deductibles start new with the beginning of each new benefit period.

Covered Part B Costs (Medical) with a Medigap Plan K

Plan K Part B benefit chart

*You will only be billed the $166 Part B Deductible once per calendar year regardless of the service.

Covered Part A and B Costs with a Medigap Plan K

Plan K benefit chart

*You will only be billed the $166 Part B Deductible once per calendar year regardless of the service.

With a Plan K Supplemental Plan, you will pay 50% for some covered services until you reach the annual out-of-pocket limit of $4,960. Once you reach the limit, your plan will then pay 100% of your Medicare copayment and coinsurance for the rest of the calendar year. Excess charges do NOT apply to these limits.

Expenses that count towards your out-of-pocket limits on the above charts are indicated with a Star

More Medicare Supplement Plans

Plan A    Plan B    Plan C    Plan D    Plan F    Plan G    Plan K    Plan L    Plan M    Plan N