Medicare Supplement Plan N Frequently Asked Questions

1. What is a Medicare Supplement Plan N?

A. The Plan is being introduced June 1, 2010 as part of the Medicare Modernization Act. The purpose of this was to lessen the confusion about some supplemental plans and eliminate benefits that were considered unessential.

2. What Does the Plan N Cover

The Plan N covers "Basic Benefits," Including:

* 100% Part B Coinsurance

* Skilled Nursing Facility Coinsurance

* The Part A Deductible

* Foreign Travel Emergency

3. What Does the Plan N Not Cover?

* Certain Copays (See Below)

* Your Part B Annual Deductible ($155 in 2010)

* Part B Excess Charges (Hardly Ever Used)

4. What is Unique About the Plan N?

The Plan N is truly a unique plan. It has often been referred to as a "hybrid plan."

The cost of a Plan N will generally be about 30% less than the cost of a Plan F.

The reason for this is because you share in some of the costs of your health care.

For example, when you go to the doctor, you will pay a copay up to $20. When you use the Emergency Room, you will pay a copay up to $50.

By taking on some of the costs of your routine care, insurance companies are able to offer this plan at a lower cost.

5. What is the Difference Between a Medicare Supplement and an Advantage Plan?

A Medicare Supplement works alongside of Medicare, filling in the gaps not paid by Medicare alone.

An Advantage plan works instead of Medicare. When you have an Advantage plan (such as an HMO), you don't use your Medicare card.

6. With a Plan N, Will I have to Stay in a Network?

No. Unlike an Advantage plan, with almost any Medicare Supplement, you can go to any doctor or hospital anywhere, as long as they will accept Medicare.