Humana Medicare Supplement
During the years of your retirement, you have many things to worry about. However, your healthcare shouldn’t be one of those things. With original Medicare (Part A and Part B), you get coverage of 80% of the costs for healthcare, including outpatient costs and hospitalization. That does mean you are left with 20% of those costs to worry about. That is where Humana Medicare Supplement is useful. These plans will help you with the other 20% of out-of-pocket costs that come along with your medical services. Trust us, you do not want to be stuck paying that full 20% out-of-pocket.
When you have a Humana Medicare Supplement plan, you are getting more than just coverage based on your particular needs, you are getting the peace of mind. These added costs can be very overwhelming. So having the plan(s) that cover you the most efficiently for the premium in your budget is important.
More About Humana
With its headquarters based in Louisville, Kentucky, this insurance company is considered one of the United States’ largest insurers. The beginning of Humana can trace back to 1961, when it started off as a company for Nursing Homes. It was named Humana in 1974. They have provided health insurance for groups, individuals, and Medicare Supplement Plans.
Their financial strength rating is excellent. A.M. Best has given them an A- excellent rating. Their Moody’s Rating is Baa3, while they have a Fitch Rating of BBB-. They were recognized for the “Highest Member Satisfaction among Commercial Health Plans in Texas” award given by J.D. Power & Associates. The Better Business Bureau has given Humana a rating of A+.
Medicare Supplement Plans 2021 enter your zip code below
Benefits and Features
Humana Medicare Supplement comes in a variety of insurance options. This includes a plan that covers prescription drugs through partnerships with the pharmacies of Wal-Mart and Medicare Advantage Plans. States offer different policies. Here is some information about these different Plan Options:
Plan A & B
Pays for Part A Coinsurance
Covers additional 365 days after Medicare benefits end
Hospice Part A Coinsurance
Medical Part B Coinsurance expenses
Three Pints of Blood a year (if needed)
Plan C
Pays for Part A Coinsurance
Covers additional 365 days after Medicare benefits end
Hospice Part A Coinsurance
Medical Part B Coinsurance expenses
Three Pints of Blood a year (if needed)
Skilled Nursing Care
Deductible for Hospitalization (Part A)
Outpatient and Medical Expenses + Deductible for Part B
Foreign Traveling Medical Emergency Help
Plan F
Plan F is the most popular plan that covers more than other plans. You get all of the benefits of the other plans, and it even covers the Part B deductible that is normal an out-of-pocket cost for you on other plans. You have a higher deductible option with Plan F to keep your premiums relatively lower.
Pays for Part A Coinsurance
Covers additional 365 days after Medicare benefits end
Hospice Part A Coinsurance
Medical Part B Coinsurance expenses
Three Pints of Blood a year (if needed)
Skilled Nursing Care
Deductible for Hospitalization (Part A)
Outpatient and Medical Expenses + Deductible for Part B
Foreign Traveling Medical Emergency Help
Options of High Deductible for Lower Premiums
Plan G
Plan G is growing in popularity as it covers almost everything Plan F covers for a cheaper premium per year. The only thing that Plan G doesn’t cover that separates it from Plan F is the Part B Deductible that is only required to be paid for once a year.
Plan N, L, and K
With these three Humana Medicare Supplement plans, you get a lot of the same coverage as other plans. However, there are lower monthly premiums option offers. You are pretty much paying lower monthly premiums for less coverage of coinsurance and co-payments.
