Skip to content

Call Us Today 215-643-3490

Medicare Supplement Plans (Medigap) for 2023

Robert J. Stillwell offers Medicare Supplements in
the following states:

New Jersey

What is a Medicare Supplement Plan?

A Medicare Supplement Plan, also know as Medigap, is a private health insurance policy that helps supplement Original Medicare. A Medicare Supplement helps cover healthcare costs not covered by Original Medicare, such as co-payments and deductibles.

grandpa sharing couch with grandchild

Medicare Part A

Medicare Part A is hospital insurance and covers cost associated with confinement in a hospital or skilled nursing facility.

  • Days 1-60: Medicare covers most confinement costs when you are hospitalized after the required Medicare deductible. You are responsible for a deductible of $1,600.
  • Days 61-90: Medicare covers all eligible expenses after the patient pays a per day co-payment which is $400 a day
  • Days 91-150: Medicare pays all eligible expenses after patient pays a per day co-payment which is $800 a day.
  • Days 151 or more: Medicare pays nothing and you pay all costs.

In regards to Skilled nursing confinement when you are hospitalized for at least three days and enter a Medicare-approved skilled nursing facility within 30 days after hospital discharge and are receiving skilled nursing care Medicare pays all eligible expenses for the first 20 days; then all eligible expenses for days 21-100 after patient pays a per day co-payment. After 20 days, $200.00 a day co-payment.

seniors at day care medicare part b

Medicare Part B

Medicare Part B is medical insurance and covers physician services, outpatient care, tests and supplies.

For incurred medical expenses from physicians services for in-patient, outpatient, medical/surgical services; physical/speech therapy and diagnostic tests, Medicare covers 80% of approved amount after you pay the annual Part B deductible of $226.00.

You are then responsible for the remaining 20% of the approved amount. Clinical laboratory services like blood tests or urinalysis Medicare generally covers 100% of the approved amount.

As far as Home Health Care is concerned part-time or intermittent skilled care or home health aide services, Medicare pays 100% of approved amount. Durable medical supplies is covered 80% of approved amount and you pay 20% of approved amount.

benefits of medicare supp plan (1)

Benefits of Medicare Supplement Plans

Medicare Supplement Insurance plans have different benefits that are covered. Premiums vary among Insurance companies , but the benefits of each standard Medigap plan are always the same. You pay a monthly premium to insurance company in addition to your Medicare Part B premium. The cost of Medigap policy depends on the type of plan you buy, the insurance company, your location, your age and tobacco use.

For Ex. Plan G for a female age 70 zip code 18914 non-smoker with Aetna would be $143.86 per month. Plan G for the same client with Mutual of Omaha would be $200.86.

As you can see there is quite a difference in premium. Each company has different underwriting questions which is also another factor in deciding on a Medicare Supplement company based on your health and medications you may take.

Please see attached grids for each plan’s benefits. C&F phasing out for new Medicare eligible effective 1/1/2020.

Are you getting real value from your insurance agent?

If not, it might be time to consider an agent that offers more.

1009 N. Bethlehem Pike
PO Box 458
Spring House, PA 19477
9:00am – 4:30pm M-F

Contact Us

"*" indicates required fields

ZIP / Postal*
This field is for validation purposes and should be left unchanged.