Plan K

E549829

Plan K is a standardized Medicare Supplement (Medigap) plan that offers partial coverage of certain out-of-pocket costs in exchange for lower premiums and an annual out-of-pocket limit.

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Statements (35)

Predicate Object
instanceOf Medicare Supplement plan
standardized Medigap plan
availabilityVariesBy state
availableFrom private insurance companies approved to sell Medigap policies
benefitsDefinedBy federal Medigap regulations
country United States of America
surface form: United States
coversFully Medicare Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up
coversPartially Medicare Part A coinsurance and hospital costs
Medicare Part A deductible NERFINISHED
Medicare Part B coinsurance or copayment
Part A hospice care coinsurance or copayment
first 3 pints of blood
skilled nursing facility care coinsurance
doesNotCover Medicare Part B deductible
Medicare Part B excess charges
foreign travel emergency care
excludes people enrolled in Medicare Advantage plans
hasFeature annual out-of-pocket limit
cost-sharing for several Medicare-covered services
lower monthly premiums compared to many other Medigap plans
hasOutOfPocketLimit federally set annual amount that may change each year
premiumVariesBy age
insurance company
location
rating method used by insurer
regulatesBy Centers for Medicare & Medicaid Services NERFINISHED
federal Medicare law
requiresEnrollment Medicare Part A NERFINISHED
Medicare Part B NERFINISHED
standardizedBenefitsAcross all insurers offering Plan K
standardizedSince June 1, 2010
targetPopulation Medicare beneficiaries seeking lower premiums with some cost-sharing
typeOfCostSharing coinsurance
copayments
deductibles (partial coverage only for some)

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.