Medicare is a governmental insurance plan that is available to seniors who are 65 and older. While this insurance covers many medical costs, there are still many out-of-pocket expenses that individuals may face. Medigap supplemental plans help to reduce these extra costs. Supplement Plan F remains a favorite option for many.
Benefits of Plan F
Every Medicare beneficiary is offered Part A. While this insurance has a low deductible, it doesn’t cover everything. Supplement Plan F kicks in to cover these other expenses. Some of the items covered by Plan F are deductibles, co-insurance, co-payments, nursing home fees and hospice care.
The majority of individuals on Medicare are also on a limited, fixed income. The additional coverage offered by Plan F helps to reduce the stress of medical bills. Even if a person is relatively healthy, it only takes one hospital stay to completely empty their bank account.
Cost of …