If you are 65 years of age or older, you may already be enrolled in Medicare. Medicare covers many of your medically necessary expenses. However, even after Medicare pays, there is often a remaining balance for which you are responsible. For instance, Medicare Part B pays 80 percent of Medicare's allowable charge for medically necessary outpatient services, such as doctor's visits. The remaining 20 percent is the patient's responsibility. To cover your out-of-pocket expenses, you may be considering the purchase of a Medicare supplement plan. Here are a few questions and answers about Medicare Supplement Insurance:    

Who offers Medicare Supplement Insurance?

Medicare Supplement Insurance is offered by private insurance companies.

What does a Medicare Supplement Plan cover?

A Medicare supplemental policy can help cover co-payments, deductibles and coinsurance. These items are not covered by Original Medicare. However, they are still associated with medically necessary services. A Medicare Supplement Plan does not cover services that are denied by Medicare due to lack of medical necessity. The plan simply supplements regular Medicare; it does not replace it. 

Is a Medicare Supplement Plan the same as a Medicare Advantage Plan?

A Medicare Advantage Plan is actually another way to obtain Medicare benefits, so it is not the same as a Medicare Supplement Plan. 

Am I required to have Medicare Part A and Medicare Part B to purchase a Medicare Supplement Plan?

You are required to have Part A and Part B coverage in order to purchase a Medicare Supplement policy. 

Can I pay the premiums for my Medicare Supplement Plan and my regular Medicare at the same time?

You should plan to pay two separate premiums. The premium for your Medicare Supplement policy will need to be sent to the private insurer that is providing your plan.

Will the Medicare Supplement Plan cover me and my spouse?

Each supplemental policy is only for one person. Nevertheless, you and your spouse can purchase separate coverage.

Do I have to purchase the supplemental insurance from a specific private insurer?

You can purchase your policy from any insurer that is licensed to offer a Medicare Supplemental Plan.

Does a Medicare supplemental insurance policy cover prescription drugs?

A Supplement Plan does not cover prescription medications. However, you can purchase a separate Medicare Part D Plan for drug coverage. 

There are some things that Medicare Supplement policies don't cover, such as long-term care, vision care or hearing aids. However, the supplemental coverage that the plans do provide can help lower your out-of-pocket expenses. If you are interested in purchasing a Medicare Supplement Plan, contact a private health insurer (such as is found through http://scis.us) in your area.