Medicare Supplement Plan A
Medicare Supplement Plan A is a level of Medicare Supplemental insurance that provides basic coverage to help Medicare beneficiaries pay for some of the things that Original Medicare Part A & Part B don’t totally cover. The government forces each Medicare Supplement insurance company to offer Medicare Plan A in any area where they intend to sell Medicare Supplement plans. Recipients who need hospitalization or have unexpected health bills should find that Medicare Plan A helps them manage their expenses.
Would you like a quick way to run a comparison of Medicare Supplement Plan A premiums from quality Medicare Supplement companies in your town or city? Simply enter your zip code in the quote box to get started.
Why Choose Medicare Supplement Plan A?
First, you need to understand the difference between Medicare Supplement plans and MA plans. Many MA policies use an HMO or PPO network, offer low or even $0 additional monthly premiums, and include additional benefits like Part D, hearing, vision or dental.
Medicare Supplement plans always have an additional cost and only provide the benefits that are outlined by Original Medicare for the specific level of coverage. In many cases, MA plans also keep their prices low by forcing members to cover deductibles and coinsurance, and the yearly out-of-pocket maximums could be thousands of dollars.
This is the basic coverage that Medicare Plan A provides:
- Hospital: Medicare Supplement Plan A covers Medicare Part A coinsurance for 365 extra days after Original Medicare benefits have been used up.
- Medical: Plan A also covers Part B coinsurance and copays for outpatient hospital expenses.
- Blood: Medicare Plan A pays for the first three pints of blood used in a year.
- Hospice: Plan A pays for hospice coinsurance.
How Much Does Medicare Supplement Plan A Cost?
Because Medicare Supplement Plan A provides basic benefits, it is usually one of the more affordable Medicare Supplement plan levels in any area. Insurance companies have to provide standard benefits, but they are free to set their own rates. This means your best option is simply to compare quality Medicare Supplement plan providers in your local area to find the most competitive choice.
In some parts of the country, small or regional insurers might be very competitive. However, in many states, these national Medicare Supplement companies provide competitive prices and good service for Medicare Supplemental insurance:
Just for your information, these are some of the cheapest monthly Medicare Plan A rates from large cities in selected states for a 65-year-old man who doesn’t smoke:
Note: These are only samples of a particular ZIP code on a certain date, and your Medicare Supplement Plan A quotes are likely to be somewhat lower or higher.
These prices vary quite a bit by large cities in various states, and they can also vary between ZIP codes in one metro area, small towns, or rural areas. The most important takeaway is that prices can also vary quite a bit between insurers, and that is why it is always important to do a comparison of local Medicare Plan A rates for yourself.
To assist, we have provided a simple online Medicare Supplement Plan A quote form. All you need to do is enter your zip code in the box to get started.