HOW MEDICARE SUPPLEMENT PLANS HAVE HELPED SAVE OTHERS MONEY AND CAN HELP YOU SAVE TOO
Reynold was cleaning the gutters off his roof at home when he slipped on the ladder and fell, breaking a few of his bones and resulting in four days of hospitalization and general nursing services. Under his Medigap Insurance Plan F, Reynold saved the first $1,132 of incurred costs not otherwise covered under his standard Medicare plan.
Philip was travelling out of the country on vacation when four weeks in he got into an accident which resulted in injury. Foreign Travel Medical Emergency services were not offered under his Medicare plan, but because he was enrolled in a Medicare Supplement Plan, he was reimbursed 80% of his remainder of costs for his treatment. He conclusively saved over $5000.
Allyson met the misfortune of being situated under Skilled Nursing Facility Care for 55 days. Lucky for her, she enrolled in Medicare Supplement Plan G, which reimbursed her $141.50/day from days 21-55 not otherwise covered in standard Medicare, saving her $4,952.50.
Brian had to receive inpatient care by his doctor’s office which resulted in a Medicare approved bill of $844. His Medicare Supplement Plan covered the first $162 which otherwise would have not been covered under his traditional Medicare Plan. The remaining $682 was only 80% compensated by Medicare, and his supplement plan took care of the rest. Brian had to pay nothing and saved hundreds.
Vanessa had been rendered immobile and confined to a wheelchair after an accident which resulted in the necessity for hospitalization and home health care. With Medicare Part F, she saved $3,396 from her 68-day hospital stay and $740 from Home Health Care costs, consisting of her $162 Part B deductible and $578 supplement from her $2890 remainder of approved amounts not otherwise covered from Medicare. Vanessa saved, in total, over $4,000.
*To conserve patient privacy, names or other private information may have been altered or excluded.