Medicare Supplement Plan C
Medicare Supplement Plan C is a popular Medigap plan that pays most healthcare costs not covered by Original Medicare. After Original Medicare pays its portion of medical costs, beneficiaries can still be left with many out of pocket costs. That’s where Medigap Plan C steps in to help.
What is Medigap Plan C?
Who is Eligible for Medicare Supplement Plan C?
Medigap Plan Coverage Chart
Plan C is Great for Beneficiaries Who:
- Semi-frequently visit the doctor and/or hospital
- Travel overseas
- Are switching to another Medigap plan with guaranteed issue rights outside of their Initial Enrollment Period
How Does Plan C Coverage Work?
If Emily has a Plan C, her policy will cover most of the gaps in Medicare. The only coverage responsibility Emily has is the Part B excess charges. Most doctors accept Medicare, so excess charges aren’t usually a concern. So, if Emily goes to the hospital then her Part A deductible has coverage as well as the Part A coinsurance charges. Basically, Emily pays nothing when she’s receiving inpatient hospital care. However, Part B can require some out of pocket funding.
So, when Emily goes to a doctor that charges an extra amount, that amount can’t be more than 15% over Medicare’s amount. Plan C can be an incredible option for people looking to make smart Medigap choices.
What are the Premiums for Medicare Plan C?
You will pay a monthly premium for Plan C coverage. Your premium amount depends on where you live, the carrier you choose, your plan’s rate structure, your age, gender, etc. The average premium for Medicare Plan C is around $150 per month. Again, the premium varies based on many factors. It could be less or more, depending on your location, age, etc. Just because your neighbor pays X premium for a supplement plan does not mean you’ll pay the same.
Is Medicare Plan C Discontinued?
What’s the Difference Between Plan C vs. Plan G?
If you don’t want to enroll in Plan C for one reason or another, then Plan G is the best alternative. The only difference between Plan C and Plan G is coverage for your Part B Deductible. If you’re not eligible for Medicare until after 2020, but want similar benefits that Plan C offers, then Medigap Plan G is your best option. Plan G is not going anywhere in 2020 and on average costs a little less than Plan C.
Is Medigap Plan C and Medicare Part C the Same?
Medicare Plan C Reviews
Because this is a Medicare Supplement (and not Medicare Advantage plans, which have hidden expenses), we gave them all an A+ on coverage and benefits. It’s possible that you’ve been looking for a list of insurance companies offering Plan C with a 4 or 5 gold star traditional review. You won’t find this since benefits for Plan C are the same with any insurance company.
In other words, there is no Plan C out there that’s going to pay any worse or better than the next companies Plan C. Every Plan C will cover the same gaps in Medicare. Plus, Medicare tells them when and what to pay; so, you never need to worry about your Medicare supplement denying coverage on a bill.
If Medicare pays its share, the Medicare Supplement must pay its share too. Every Medicare Supplement Plan C gets an A+ on benefits because it will pay exactly as Medicare has ruled that it will pay.
How to Compare Medigap Plan C Premiums
We can provide you with rates for Plan C from the top-rated insurance companies in your area. We’ll answer your questions and help you complete the online enrollment process. Since Medicare is always changing, it’s important to have a licensed agent by your side. To begin the process call us; or, you can use our online rate comparison tool to see a side by side comparison of rates in your area now.