Plan M
E549830
Plan M is a standardized Medicare Supplement (Medigap) insurance plan that offers moderate coverage of Original Medicare costs in exchange for lower monthly premiums, typically requiring beneficiaries to pay a portion of the Part A deductible.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
Medicare Supplement insurance plan
ⓘ
standardized Medigap plan ⓘ |
| appliesTo | individual Medicare beneficiaries, not groups ⓘ |
| availability | varies by state and insurer ⓘ |
| benefitDesignGoal | trade lower premiums for higher cost sharing on Part A deductible ⓘ |
| benefitStandardization | benefits are identical across insurers offering Plan M ⓘ |
| benefitStructure | defined by federal Medigap standardization rules ⓘ |
| cannotBeCombinedWith | Medicare Advantage plans NERFINISHED ⓘ |
| comparedWith |
Plan F
NERFINISHED
ⓘ
Plan G NERFINISHED ⓘ Plan N NERFINISHED ⓘ |
| costSharingLevel | moderate ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| coverageType | supplemental insurance to Original Medicare ⓘ |
| covers |
50% of Medicare Part A deductible
ⓘ
80% of approved foreign travel emergency costs up to plan limits ⓘ Medicare Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up ⓘ Medicare Part B coinsurance or copayment ⓘ Part A hospice care coinsurance or copayment ⓘ first three pints of blood per year ⓘ portion of Medicare Part A deductible ⓘ skilled nursing facility care coinsurance ⓘ |
| doesNotCover |
Medicare Part B deductible
ⓘ
Medicare Part B excess charges ⓘ foreign travel emergency care at 100% ⓘ |
| excludes |
long-term custodial care coverage
ⓘ
prescription drug coverage ⓘ |
| guaranteedRenewable | yes, if premiums are paid ⓘ |
| introducedBy | Medicare Improvements for Patients and Providers Act of 2008 NERFINISHED ⓘ |
| isPartOf | Medigap plan system NERFINISHED ⓘ |
| marketingName | Medigap Plan M NERFINISHED ⓘ |
| policyType | individual health insurance policy ⓘ |
| premiumLevel | moderate to lower relative to more comprehensive Medigap plans ⓘ |
| premiumPaymentFrequency | usually monthly ⓘ |
| regulatesUnder |
Centers for Medicare & Medicaid Services
NERFINISHED
ⓘ
federal Medicare regulations ⓘ |
| relationshipTo | Original Medicare NERFINISHED ⓘ |
| relativeCoverageLevel |
less comprehensive than Plan G and Plan F
ⓘ
more comprehensive than some basic Medigap options that lack skilled nursing facility coinsurance coverage ⓘ |
| requiresBeneficiaryToPay | portion of Medicare Part A deductible ⓘ |
| requiresEnrollment |
enrollment in Medicare Part A
ⓘ
enrollment in Medicare Part B ⓘ |
| soldBy | private insurance companies approved to offer Medigap policies ⓘ |
| standardizedBy | National Association of Insurance Commissioners Medigap model NERFINISHED ⓘ |
| standardizedSince | June 1, 2010 ⓘ |
| supplements |
Medicare Part A
NERFINISHED
ⓘ
Medicare Part B NERFINISHED ⓘ |
| targetPopulation | Medicare beneficiaries seeking lower premiums with some cost sharing ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.