Medigap Plan L
Lower premiums with
75% member cost sharing responsibility.
Find out if you can qualify for this Medicare Gap Coverage.
What is Medicare Supplement Plan L?
Medigap Plan L is another type of supplemental insurance policy designed to complement Original Medicare. This plan provides policyholders with a range of benefits that can help save money on out-of-pocket expenses and improve their overall health care experience. Some of the benefits of Medigap Plan L include coverage for Medicare Part A hospital deductibles, Medicare Part B coinsurance, and the first three pints of blood needed for a medical procedure. Additionally, Medigap Plan L also covers skilled nursing facility coinsurance and hospice care coinsurance. Policyholders with this plan will be responsible for paying a portion of their out-of-pocket expenses, including a portion of the Medicare Part B deductible and coinsurance. Policyholders will also have an out-of-pocket spending limit, which is the maximum amount they will pay for covered services in a calendar year. The premiums for Medigap Plan L are typically lower than other Medigap plans, making it a cost-effective option for policyholders who are comfortable with sharing some of the cost of their medical care. In short, Medigap Plan L can provide policyholders with a balance between cost savings and coverage for medical expenses.
Who qualifies for Medigap Plan L?
Medicare can be confusing for most. We want to help you navigate the many options available to you, so please call us directly at (800) 405-4802 and chat with our insurance advisors for help.
Spread the news and share with your friends.