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:
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
A Medigap Plan K Does Not Cover:
Part B Excess Charges
Foreign Travel Emergency
Covered Part A Costs (Hospital) per *Benefit Period with a Medigap Plan K
* 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
*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
*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 
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