Searching for Medicare Supplement plans in Maryland? Let PlanPrescriber be your resource for Maryland Medicare Supplement information and plan comparisons.
Maryland residents enrolled in Medicare Part A and Part B have the option to enroll in a Medicare Supplement (Medigap or MedSupp) plan to cover the healthcare costs that Original Medicare does not cover, including deductibles, copayments, coinsurance, and other out-of-pocket costs. In most states, there are ten standardized Medigap policy options, each labeled with a letter with all plans of the same letter offering the same benefits.
To make comparing Medigap plans easier for Maryland beneficiaries, there are 10 standardized plans that are lawfully required to offer the same basic coverage benefits. For example, Medigap Plan F must offer the same coverage in one state as it does in another regardless of which insurance company offers it. The basic benefits include coverage of Medicare Part A and B co-insurance and hospital benefits not covered through Original Medicare. Plans specifically cover:
All of these standardized plans are also available as a Medicare SELECT policy, which has lower costs and requires Maryland beneficiaries to use a specific provider network.
Here are some statistics Maryland residents enrolled in Medicare Supplement:
Additionally, here are some statistics on Medigap premium costs in Maryland, weighted by enrollment:
Medigap policy benefits in Maryland do not vary between plans for the same type. However, the costs for each plan will vary depending on which carrier is offering the plan. Maryland Medicare beneficiaries should first see what Medigap policies are available in their state, decide which plan type is best for their health needs, and then customize their search to find a Medicare Supplement insurance plan charging costs suited for their budget.
Comparison shopping is vital when purchasing a Medigap policy in Maryland. To start comparing Medicare Supplement plans in Maryland today, enter your zip code above for a customized list of plans available in your area.
Data provided by the Kaiser Family Foundation.