The annual out-of-pocket expense limit is $2,620 in 2018 for Medigap Plan L beneficiaries. The plan pays 100% of covered services for the rest of the calendar year only after beneficiary spends up to this dollar amount first.
Given the higher cost-sharing for beneficiaries enrolled in Medigap Plan L, the plan may come with a lower monthly premium than some of the other Medigap plans.
Medigap Plan L also covers 75% of the following services:
Medigap Plan L does not cover the following:
If you’re unsure on how to proceed with the enrollment process or like to have a more in depth information about the plan you’re eyeing you can speak with an independent insurance broker by calling (855) 230-0801.
Comparison chart of all 10 plans side-by-side:
|Part A Hospital Coinsurance|
|365 Additional Hospital Reserve Days|
|Benefit For Blood||50%||75%|
|Part B Co-Insurance||50%||75%||*Co-Pays|
|Skilled Nursing Facility Co-insurance||50%||75%|
|Part A Deductable||50%||75%||50%|
|Part B Deductable|
|Part B Excess|
|Foreign Travel Benefit||80%||80%||80%||80%||80%|
|Preventive Care Co-Insurance|
|Out of Pocket Limit||None||None||None||None||None||None||$5,240||$2,620||None||None|