New Mexico Medicare Supplemental Health Plans

2008-12-15 16:31:47

( Insurance )



Limitations of New Mexico Medicare

Medicare is a federally supported health care program designed for senior or disabled citizens. Like that of other states, New Mexico Medicare gives you different choices of health care providers and networks and has two parts.

Part A covers your hospital or nursing facility costs, while Part B covers doctor's fees and other medical services. You can also subscribe to Plan D to cover the costs of prescription drugs, by paying a monthly premium. Another variation is the Medicare Advantage Plan that combines the benefits of the other plans including prescription coverage, plus lower out-of-pocket costs.

However, the provisions under New Mexico Medicare does not cover one hundred percent of your health care costs. If you were hospitalized, you need to pay a deductible and other co-payments if you have to extend your hospital stay beyond sixty days. For Part B, you need to shoulder a deductible as well as twenty percent of the medical fees. And Plan D is not completely free because you have to pay monthly premiums.

Supplements to New Mexico Medicare

Medigap is the New Mexico Medicare supplemental plan that bridges the gap between what is covered and not covered under existing Medicare plans. It is offered not by the government but by private New Mexico health insurance providers.

There are several variations of New Mexico Medicare supplemental plans, but all have some common features. For instance, all Medigap plans cover hospital stays over sixty days, co-payments for some medical services, blood deductibles and co-insurance expenses and equipment.

Variations of New Mexico Medicare Supplemental Plans

There are about eight different variations of Medigap plans you can choose from. You can add extra coverage for foreign travel, emergency care, and at-home recovery care. One plan is even comprehensive and will cover for many situations.

Choosing Your New Mexico Medicare Supplemental Plan

The most important factor is the reputation of the New Mexico health insurance provider. You should choose a provider who is known for excellent service quality and for stability, so that you will have a highly dependable Medigap plan.

The cost of the Medigap plan is also a major consideration. While it may be convenient to have a comprehensive type of coverage, you will also need to pay more in terms of premiums and for coverage that you won't really need. On the other hand, it will also benefit you to cover all possibilities as you never know what may happen to your health condition in the future.

You should also check the provider's policies and procedures for filing your claims, as well as the conditions in special cases such as out-of-network medical services.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.