Information on Medigap Plan B

Medigap plan B covers five of the nine coverage gaps left by Medicare Part A and Part B. For many people this is the right plan based off of their needs. So you can get a better idea if Medicare supplement plan B is the right one for you we are going to look at the gaps plan B does fill.

Medigap Plan B Covers

As we said above Medigap plan B covers five main gaps in your Medicare health insurance. Those gaps are: By getting Medicare supplement plan B you are only leaving coverage gaps for the Medicare Part B annual deductible of $140, coinsurance charges for skilled nursing care, any charges that fall into Medicare Part B that are above the Medicare approved amount, and any charges incurred for health care while you are on foreign travel.

Medigap Plan B Costs

Medicare supplement plan B tends to cost less than most of the other supplements (the only exception being plan A) because it does not cover those four coverage gaps. The hard part is knowing exactly what it will cost you. When shopping a Medigap plan B or any other medigap plan you should know that the plans are standardized. So if you are looking at an AARP plan B or plan B from some other insurance company the coverage will be identical. What you are really shopping for is the price. The only real way to get a price for an individual is to get a set of free custom quotes. You can do this by filling out the form on this page. The reason you cannot really give a ballpark figure is that the cost of each plan varies greatly for each person by their age, gender, location, and health. Even two people that are identical in every way except they live in two different states will get very different rates. Remember, insurance is all about risk and the insurance company will be hedging the risk of providing insurance for someone.

I hope this answers any questions you may have had about Medigap Plan B. If you would like to learn about the other Medigap plans click HERE. We are always here to help, so if you have any questions or if there is any way we can serve you please contact us.