How to Check Medicare Supplement Plans Comparison Chart

The state and federal laws are responsible for dividing the Medicare supplement policy benefits according to different plans. Every company must follow these plans but may charge different prices from customers. But how will you compare the benefits and choose a plan that suits your expenses? The following Medicare supplement plans comparison chart for 2021 will tell you the differences between the plans at a quick glance.

Medicare supplement plan benefits

First of all, you need to keep the Medicare supplement plan benefits in mind before comparing the plans. Some of the most common benefits that the plans offer are out-of-pocket limits, foreign travel exchange, Part B excess charge, Part B deductible, Part A deductible, skilled nursing facility care coinsurance, Part A hospice care coinsurance and copayment, 3 pints of blood, and Part A coinsurance and various hospital costs.

All plans provide Part A coinsurance and various hospital costs as they are the basic benefits declared by the state and federal government. Plan K and L provide 50 and 75% of Part B coinsurance and copayment, respectively. All the other plans provide the same expenses in full.

Plan A to N comes with a free blood supply of up to three pints, except K and L. They provide 50 and 75% support for skilled nursing facility coinsurance and Part A hospice care copayment and coinsurance. Part B deductible is only applicable to Plan C and F, while Part B excess charge is for Plan F and G only.

Foreign travel exchange facility is available up to 80% for plans C, D, F, G, M, and N. Lastly, out-of-pocket expense is only available in plans K and L. They are also the costliest plans of the lot.

Study the Medicare supplement plans comparison chart for 2021 carefully before investing in one of the plans. It helps to select the best plan according to your budget.