Medicare Supplement Plans in Iowa
Last Updated : 10/12/20183 min read
Are you on Medicare in Iowa, or planning ahead? You’re making a smart move by doing research. We’ll walk you through the facts about Medicare Supplement plans in Iowa.
What are Medicare Supplement plans in Iowa?
Why would you need supplemental coverage if you were already covered under Medicare Part A and Part B? What Medicare Supplement plans in Iowa do is help pay for certain Part A and Part B out-of-pocket costs.
When you visit a doctor, stay in the hospital, or receive other medical care, you may be responsible for coinsurance or copayments. And you sometimes have to pay a Part A or Part B deductible (depending on the type of services you receive).
How do Medicare Supplement plans in Iowa work?
Medicare Supplement plans in Iowa work alongside Original Medicare, Part A and Part B. When you have to pay out-of-pocket costs such as coinsurance or a copayment, that’s when Medicare Supplement insurance might kick in. But different Medicare Supplement plans in Iowa may cover different expenses, and not every plan pays 100% (or even any portion) of a specific cost.
Medicare Supplement plans in Iowa (and 46 other states) are standardized with lettered names – Medicare Supplement Plan A, Plan B, and so on. Up to 10 standardized plans are available in Iowa (and 46 other states).
Here’s what you need to know about plans that have the same name.
- They include the same basic benefits. For example, a Medicare Supplement Plan A that you buy in Davenport from Company X will have the same set of basic benefits as a Medicare Supplement Plan A that you buy in Ames from Company Y. In fact, the same is true across all 47 states that have these standardized plans.
- They may have different premiums. For example, Medicare Supplement Plan A that you buy in Davenport from Company X may have a higher or lower premium than a Medicare Supplement Plan A that you buy in Ames from Company Y.
What other benefits might Medicare Supplement plans in Iowa include?
Medicare Supplement plans in Iowa might include benefits such as those listed below. Again, please note that different standardized plans have different sets of basic benefits. Not all plans will include all the benefits below – some may pay for part, or none, of specific costs.
- Medicare Part A deductible
- Medicare Part B deductible
- Skilled nursing facility coinsurance
- Emergency medical care during foreign travel (generally 80% of approved costs up to plan limits)
- Hospice care coinsurance or copayment under Part A
This list highlights just a few of the benefits Medicare Supplement plans in Iowa might include. For more details, see our Medicare Supplement plan comparison chart.
When can you buy a Medicare Supplement plan in Iowa?
When you purchase a Medicare Supplement plan in Iowa can make a difference. For many people, the Medicare Supplement Open Enrollment Period (OEP) is the best time to buy a plan. Enrolling during the OEP may save you money if you have a pre-existing condition. Read about the Medicare Supplement Open Enrollment Period.
To see a list of plans in your area, click the Find Plans or Compare Plans buttons on this page.
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