North Carolina Medigap Policy

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Are you looking for a North Carolina Medigap Policy? Not sure which North Carolina Medigap policy to choose? Well, you are on the right foot because you can find out about the 10 different standardized Medigap plans right here on the Internet. It is important to note that all of the Medigap plans are required to have the basic coverage of Plan A. Each of the plans offer you different benefits. You should familiarize yourself with them before deciding which plan will be best suited for you.

Some North Carolina Medigap Policy Extras

It is important to weigh all of your options before selecting a policy that is right for you. The following is a brief outline of the different policy extras that you can get with a Medigap policy. With Plans B, C, D, E, F, G, H, I and J, your Medicare hospital deductible will be covered. When considering this benefit, keep in mind that the additional premium that is charged is generally far less than the cost of paying a hospital deductible even once a year.

With plans C, F and J your Medicare Part B annual deductible will be paid. If you see a doctor at least twice a year, this benefit can definitely help you. With plans F, G, I, and J, Medicare's Part B excess charge benefit will be covered. More specifically, plans F, I and J pay the excess charge in full, and plan G pays 80% of it.

Plans E and J have a preventive medical care benefit, which is limited to $120 each year. Because Medicare does not cover most preventive medical services, some people like having a Medigap policy that covers these services. Lastly, with plans H, I and J you get prescription drug benefits. The benefit has a $250 annual deductible, but pays 50% of drug costs. It is limited to a maximum of $1,250 a year under Plans H and I and a maximum of $3,000 a year under Plan J. This benefit can be very worthwhile if you have costly regular prescriptions. Note., in order to get $1,250 in benefits under Plans H and I, you must have at least $2,750 in drug costs per year, and to get the $3,000 under Plan J, you must have at least $6,250 in drug costs per year.

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