Medigap Plan L
Plan L is designed for those looking for more coverage and are willing to pay a little more for additional coverage. The costs for Medigap Plan L vary depending on location and insurance company, but generally, it tends to be lower than more comprehensive plans such as Plan F or G.
Plan L Coverage
Medigap Plan L is a type of Medicare Supplement insurance that helps pay some of the out-of-pocket costs left by Original Medicare. Like all Medigap plans, Plan L is standardized by the government, meaning that all Medigap Plan L policies must offer the same basic benefits, regardless of the insurer.
Plan L covers:
- Part A hospital coinsurance and up to an additional 365 days of hospital coverage
- Part B coinsurance or copayment
- The first three pints of blood
- Part A hospice care coinsurance
- Skilled nursing facility care coinsurance
- 75% of the Part A hospital deductible
- 75% of the Part B excess charges
It’s important to note that Medigap Plan L does not cover some benefits that are covered by other plans like foreign travel emergency care or preventive care.
This plan is a good choice for those who want more coverage than what’s offered in Plan K and are willing to pay a little more for additional coverage. Keep in mind that Medigap Plan L is not the right choice for everyone, and it’s important to consult with a Medicare expert before making a decision.
Our expert agents are available to help you compare your options and guide you to the plan that best fits your needs. Contact us today to learn more about Medigap Plan L and how it can help you supplement your Original Medicare coverage.