Medicare Plan K

Share on email
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit

Medicare Plan K

Share on email
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit
Share on email
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit
MEDICARE PLAN K

Medicare Supplement Plan K is an insurance policy. Like all Medicare supplement plans, it’s designed to cover the gaps in Original Medicare. Medicare Plan K often has premiums that are less expensive compared to other plans.

Medicare Supplement Plan K

Plan K doesn’t offer comprehensive coverage as some of the more popular plans. This post will dive deep into Medigap Plan K and by the end you should be able to see if it’s a good fit for your needs. When you’re done, make sure to read about the other Medicare plans available below.

What Medicare Plan K Covers

Medicare Supplement Plan K, also known as Medigap Plan K, doesn’t provide comprehensive coverage – but has some excellent benefits. Plan K will cover your Part A hospital deductible as well as your Medicare Part A hospital costs and coinsurance

Plan K only covers 50% of several Medicare coverage benefits. Let’s look more closely at Medigap Plan K’s coverage details:

What Medigap Plan K DOESN’T Cover

Medigap Plan K will not cover foreign travel emergencies, your Medicare Part B deductible or any Part B excess charges. Plan K will also leave you on the hook for 50% of several benefits as shown in the chart below.

Medicare Supplement BenefitsPlan K covers?
Medicare Part A coinsurance & hospital costs (up to additional 365 days after medicare benefits are usedYES
Medicare Part B coinsurance or copayment50%
Blood (first 3 pints)50%
Part A hospice care coinsurance or copayment50%
Skilled nursing facility care coinsurance50%
Part A deductible50%
Part B deductibleNO
Part B excess chargesNO
Foreign travel emergency (up to plan limits)NO

Plan K has Lower Premiums but Less Benefits

Medigap Plan K provides shoppers with several of the typical benefits as other Medicare supplements. The biggest difference is that Plan K will usually have lower premiums. 

However, this “deal” comes at the expense of fewer benefits. In other words, you’re sharing half of the coverage costs with your insurance company for several Medicare benefits. 

Medigap Plan K Quotes

Medigap Plan K isn’t as popular as other supplements such as Plan G or Plan N. It’s no always easy to find Plan K quotes as many Medicare Supplement insurance companies will not offer it. Give REMEDIGAP a call today. We know which insurance companies offer Plan K in your state. We can quickly research Medigap rates for you. We do all the work for you so that you don’t have to waste time searching dozens of carriers to find the few that may offer you this option.

Overwhelmed by Medicare?

We know that Medicare can be confusing.  We also know that everyone’s situation is different. That’s why we’re here to help. Schedule your free 30-60 minute consultation now!

Joe Moynihan
Joe Moynihan
Facebook review
Read More
Best decision I made going through REMEDIGAP. I must have watched 40-50 videos from several different carriers and they mostly seemed shady. One I spoke to Joann and walked through options, received some quotes she took care of the rest with absolutely no pressure.
Billy Shows
Billy Shows
Facebook review
Read More
I wish I had found REMEDIGAP in the beginning. It would have saved me 3 months of headache. Joann is really awesome in the way she explains everything and she is a very genuine person.
Diane Langille-stone
Diane Langille-stone
Facebook review
Read More
This was the best thing I could have done for my self every thing was explained to me so I could make the best choice for me. And when I need help later they will be there for me.
Tammy Feola
Tammy Feola
Google review
Read More
Joann is top notch when it comes in explaining whatever question you might have in regards to supplemental insurance. She is professional, courteous, a lovely person to talk to. I feel at easy when talking to her. She is a great asset to your company.
READ ALL OUR REVIEWS!
READ ALL OUR REVIEWS!
Click above to read all our reviews from our wonderful clients!

Compare Medigap Plans

Join our 7-Day Medicare eCourse

Medicare doesn’t have to be so confusing. We’ll send you 7 email lessons with videos that will guide you through the Medicare process. We want you to be informed, confident and comfortable with your Medicare planning.