Underwriting is the process assessing risk of issuing insurance. Undewriters evaluate applications,
What Medicare Plan L Covers
Medicare Supplement Plan L does not provide extensive coverage for many healthcare costs. Plan L fully covers the Medicare Part A coinsurance and hospital costs, and it only covers 75% of the following:
- Medicare Part B coinsurance or copayment
- Blood (first 3 pints)
- Part A hospice care coinsurance or copayment
- Skilled nursing facility care coinsurance
- Medicare Part A deductible
What Medigap Plan L Does NOT Cover
Medicare Supplement Plan L does not cover the Medicare Part B deductible, Part B excess charges, and foreign travel emergency.
Standardized Medicare Supplement Plans Makes Comparing Plans Easy
Medicare supplemental plans have been standardized since 1991. This means that Medigap plans with the same letter offer the same benefits and coverage, regardless of which company you buy from. For example, Plan L from Blue Cross Blue Shield is identical to Plan L from Aetna (*GoMedigap is an authorized agent of many Blue Cross Blue Shield companies). The only difference between the two is the price.