Research Paper, 2 pages (300 words)

Summarizing the medigap program

Advertising We'll write a high-quality original custom paper on Summarizing the medigap program just for you with a 15% discount for the 1st order Use a Discount Use a Discount

Check Point: Write a 250-300 word summary reflecting on the Medigap program address the following in your summary: What are the core benefits in the Medigap insurance program? How well does the program meet coverage needs of its consumers? Is the cost of each plan fair considering the benefits and limits offered by each plan? Explain your opinion and provide examples What are the implications of having a private company associated with a government insurance program?

Medigap is a supplementalhealthinsurance policy, designed to cover what Medicare doesn’t cover. In order to be eligible for the Medigap program individuals must have either Medicare Part A or B and will be required to pay the premiums. There are 12 supplemental insurance policies that will pay for health services that Medicare does not cover in their original policy. All 12 plans are required to have certain basic health services.

The core benefits for participants in Medicare Part A are daily coinsurance for 61 to 90 days of hospitalization daily coinsurance for each of Medicare’s lifetime inpatient hospital days and 100 percent of covered hospital charges for 365 days after all Medicare hospital benefits have been used. Medicare Part B the core charges are coinsurance amount after the deductible and the first 3 pints of blood for the year. Each plane extends a different benefit targeted at filling the gaps in Medicare coverage. Private health insurance companies sell Medigap insurance but they must follow federal and state laws.

Medigap will cover deductibles, coinsurance and other services not covered by Medicare. Medigap plans are for the individual and what they personally want so to keep premiums down shop around and compare, there might be discounts for women, nonsmokers, medical underwriting, and deductibles. Medigap offers a variety of plans that are available to choose from and give the consumer a package that will fit their health needs. The health plans are fair compared to other insurance companies. It just depends on what the individual wants to cover and their current health needs at that time.

Thank's for Your Vote!
Summarizing the medigap program. Page 1
Summarizing the medigap program. Page 2
Summarizing the medigap program. Page 3

This work, titled "Summarizing the medigap program" was written and willingly shared by a fellow student. This sample can be utilized as a research and reference resource to aid in the writing of your own work. Any use of the work that does not include an appropriate citation is banned.

If you are the owner of this work and don’t want it to be published on AssignBuster, request its removal.

Request Removal

Cite this Research Paper


AssignBuster. (2021) 'Summarizing the medigap program'. 31 December.


AssignBuster. (2021, December 31). Summarizing the medigap program. Retrieved from https://assignbuster.com/summarizing-the-medigap-program/


AssignBuster. 2021. "Summarizing the medigap program." December 31, 2021. https://assignbuster.com/summarizing-the-medigap-program/.

1. AssignBuster. "Summarizing the medigap program." December 31, 2021. https://assignbuster.com/summarizing-the-medigap-program/.


AssignBuster. "Summarizing the medigap program." December 31, 2021. https://assignbuster.com/summarizing-the-medigap-program/.

Work Cited

"Summarizing the medigap program." AssignBuster, 31 Dec. 2021, assignbuster.com/summarizing-the-medigap-program/.

Get in Touch

Please, let us know if you have any ideas on improving Summarizing the medigap program, or our service. We will be happy to hear what you think: [email protected]