High health care bills can become a great reason to worry. Sometimes, the financial state simply doesn´t allow for these unexpected, high bills, while health care might be necessary due to an unforeseen condition. This leaves many people sleepless and can even turn out to ruin some financially. Some people go in high debt due to health care costs and it takes them years to get out of this situation.
The good news is, there is a way of preventing this from happening to you. Keeping your health care costs under control is an important step. A good way of doing so, is by getting a Medicare supplement plan. A supplement plan you will need to pay for monthly, but it will cover for your health care expenses throughout the year. And to most, paying smaller amounts each month is easier than paying one high bill all of a sudden. In combination with Medicare supplement plans, there are tips and tricks on how you can avoid and lower your costs. One of these tips has to do with the Medicare part B excess charges!
Which supplement plans cover it
There are two Medicare supplement plans that cover for your Medicare part B excess charges. These are the supplement plan F and G. Both of these plans also cover many other expenses too, which is why the premium rate for these two is usually higher than the one for other supplement plans. The good thing is, you don´t really need a supplement plan to cover for the Medicare part B excess charges. If you´re looking into a supplement that doesn´t cover it, you can get it without worrying. There are ways of preventing you from having to pay for excess charges anyway!
All supplement plans, apart from F and G, cover for other expenses but not the Medicare part B excess charge. And really, they don´t need to.
A Medicare part B excess charge is an amount you would need to pay out of your own pocket for a certain health care service. However, there are many health care providers who will only charge you as much as your health insurance company will cover. If you only visit these health care providers, you will not have any excess charges at all! While there isn´t an online list of which health care providers are a part of this Medicare agreement, you can find out by simply asking the health care provider prior to making an appointment. This is an easy way of saving yourself some unnecessary costs!
If you still feel like it is necessary for you to be able to visit any health care provider, even if they charge more than what the Medicare limit is, you can simply enroll to Medicare supplement plan F or G. When enrolled to these plans, you will be able to visit all health care providers, without having to pay anything out of your pocket!