.png)
Plan Ahead with
Confidence!
An Independent Licensed Health Insurance Agency
A non-government entity
Find Your Branch
ZIP CODE
Store Name
Address
Phone
Medicare Supplement Plan M
Medicare Supplement Plan M is one of the standardized Medicare Supplements plans available in 47 states of the United States. This means that the Medigap Plan M that’s offered in one state provides the same coverage as the Medigap Plan M that’s offered in another state, regardless of the carrier. However, if you’re live in except in Massachusetts, Minnesota, or Wisconsin, you will have to buy a different plan as they do not offer Medicare Supplement Plan M.
Medicare Supplement Plan M offers basic coverage plus a few extras. It is very similar to Medicare Supplement Plan D, one of the more comprehensive plans. The difference, however, is that while Plan D covers 100% of the Medicare Part A deductible, Plan M covers only 50%. In 2023, Medicare Part A deductible is $1,600. So, if you have plan M, the plan will be responsible for $800, while you pay the remaining $800.
Medicare Supplement Plan M Policyholders Enjoy The Following Coverage:
-
Medicare Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up
-
Medicare Part A hospice care coinsurance or copayment
-
50% of Medicare Part A deductible
-
Medicare Part B copayments and coinsurances
-
The first three pints of blood used in a procedure
-
80% of foreign travel emergency medical costs
-
Skilled nursing facility care coinsurance
-
Medicare preventive care Part coinsurance
However, Medicare Supplement Plan M Doesn't Pay:
-
Part B deductible
-
Part B excess charge
Plan M is known for having moderate monthly premiums. However, Plan G and Plan N are still usually the best value options for people who are looking for a Medigap Plan.
Top 5 Medicare Mistakes to Avoid!
Medicare is complicated and making the wrong decision can be costly. We have put together a FREE resource guide covering the Top 5 Medicare mistakes and how to avoid them. Here is what you will learn in this educational resource:
-
Proven Steps to Achieve Medicare Success
-
How To Avoid Costly Mistakes & Lifetime Penalties
-
Discover What Insurance Companies Aren't Telling You
-
And More…
Don’t leave your health coverage in retirement to chance. Download this FREE resource today!"
