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Optional
Riders for Basic Policies
Minnesota
law permits insurance companies to offer the following seven
optional riders that can be added to any Basic Medigap policy.
You may purchase any one or all of the riders to design a
Medigap policy that meets your specific needs. Be aware that
not all companies offer all seven riders.
Part
A Inpatient Deductible: Covers the $792 deductible for Medicare-approved
hospital expenses.
Part
B Annual Deductible: Covers the $100 deductible for Medicare-approved
outpatient and physician services. You may not need this extra
coverage if you do not see the doctor that often.
Usual
and Customary: This pays up to 100 percent of the difference
between a doctor's bill and the Medicare approved reimbursement
rate.
Prescription
Drugs: There are two riders that cover at least 50 percent
of the cost of prescription drugs not covered by Medicare.
One has a maximum annual limit of $1,200. and the other has
no limit.
Preventive
Medical Care: This pays up to $120 per year for physicals,
hearing tests, cholesterol and diabetes screening, and thyroid
function tests.
At-home
Recovery: This pays up to $1,600 per year for short-term,
at-home assistance with activities of daily living, such as
bathing, dressing and personal hygiene. This benefit applies
after the Medicare allowance for skilled home care has been
used up.
Information
from the MN Department of Commerce.
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Martinson
Insurance
518 Hawthorne Street • PO Box 8
Alexandria, MN 56308
Phone: 320-763-6518
Toll Free: 800-757-6518
Fax: 320-763-5546
E-mail: agency@martinsoninsurance.com
Web: www.martinsoninsurance.com |
