Supplemental Medicare plans may just give you a way to get your budget under control. The AARP Medicare Supplement Plans for 2019 offer the same great variety and coverage provided in the plan currently available.
There may actually be some small changes in these plans and the coverage they offer between now and then, but Medicare isn’t likely to make any major changes to their plans. What they have is well established, and they rarely upset the status quo when most people are happy with what is being offered.
These plans allow Medicare subscribers to enjoy additional coverage beyond what they get from basic Medicare. Many people can have most or all of their medical expenses covered when they sign up for one of these plans. That lets them know almost exactly how much they will be paying each month and year for medical care. This means that they can plan their budget better and ensure that the funds are in place to take care of their healthcare needs.
If they were to pay for those medical bills on their own, they would not be able to predict as easily how much their medical expenses would cost. But insurance coverage from supplemental plans gives them that assuredness. There is a plan for every individual, as each of the varied plans offers a different array of coverage. Plan F is the total coverage package, as it takes care of all supplemental expenses. Plan N, of the AARP Medicare Supplement Plans for 2019, falls just short of full coverage.
What medical expenses will these plans take care of? Here is a list of the items that are categorized as supplemental:
- Part A coinsurance, or hospice care, which offers 365 more days (over the subscriber’s lifetime) of supplemental coverage
- Three more pints of blood every year
- Part A deductible and copayment
- Part B deductible and co-payment
- Part B excess charges
- Nursing care
- Emergency care in foreign countries (as much as 80% of the total cost, after a deductible)
Plan F includes all these coverage items, whereas Plan N falls short by not covering a deductible, some minor co-payments and Part B excess charges. AARP offers other supplement plans as well, but these high coverage plans mentioned here are the ones that most Medicare subscribers will opt for. Everyone with Medicare needs to decide on their own which plan will work best for them.
The coverage these plans offer and the plans themselves are not likely to go anywhere soon. Medicare confirmed already that no changes will go into effect regarding coverage until at least 2020. Even then, the changes are not expected to be significant. Medicare subscribers and future subscribers can start planning right now.
If you will be eligible for AARP Medicare Supplement Plans in 2019, then you can begin preparing right now. You can determine which plan will suit you best and ensure you have picked out the plan that offers the best coverage at the lowest price.