Plan L

E552156

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

Jump to: Statements Referenced by

Statements (44)

Predicate Object
instanceOf Medicare Supplement plan
health insurance product
standardized Medigap plan
availableTo people enrolled in Medicare Part A and Part B
benefitsAre defined by federal law for most states
canBePurchasedDuring Medigap Open Enrollment Period NERFINISHED
covers Medicare Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up
coversPartOf Medicare Part A coinsurance and hospital costs
coversPercentageOf Medicare Part A deductible
Medicare Part B coinsurance or copayment
Part A hospice care coinsurance or copayment
first three pints of blood for a covered medical procedure
skilled nursing facility care coinsurance
designedFor beneficiaries who want lower premiums and are comfortable with some cost sharing
doesNotCover Medicare Part B deductible
Medicare Part B excess charges NERFINISHED
foreign travel emergency care
doesNotInclude prescription drug coverage under Medicare Part D
hasBenefitDesign limits beneficiary’s annual out-of-pocket costs for covered services
hasCostSharingStructure partial coverage of certain Medicare cost-sharing amounts
hasFeature annual out-of-pocket limit
isAlsoCalled Medicare Supplement Plan L NERFINISHED
Medigap Plan L NERFINISHED
isIntendedTo help pay some out-of-pocket costs not covered by Original Medicare
isMarketedAs a lower-premium Medigap option with cost protection through an out-of-pocket limit
isNotAvailableTo people enrolled in Medicare Advantage plans
isOfferedBy private insurance companies approved to sell Medigap policies
isPartOf the set of standardized Medigap plans labeled A through N
isRegulatedBy Centers for Medicare & Medicaid Services NERFINISHED
state insurance departments
isStandardizedBy federal Medicare regulations
isSubjectTo guaranteed issue rights in certain situations
isUnavailableTo beneficiaries in some states where Medigap standardization rules differ
mayRequire medical underwriting outside protected enrollment periods
offeredTo Medicare beneficiaries
premiumsMayVaryBy age rating method
eligibility for household or other discounts
geographic area
insurance company
tobacco use status
requires separate Part D plan for outpatient prescription drug coverage
standardizedBenefitsAre the same across all insurers offering Plan L in a given state
tradesOff lower premiums for higher cost sharing
worksWith Original Medicare NERFINISHED

Referenced by (1)

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