Tuesday, December 8, 2009

Reminder: Deductibles and Copays Increase for Medicare Supplement/Medicare Select Plans

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12/8/09

Medicare Supplement/Medicare Select Deductibles and Coinsurance Amounts Will Increase

Effective January 1, 2010, Medicare Part A and Part B deductible and daily coinsurance amounts will increase. (These amounts are updated annually with formulas set by law.) As a result, our Medicare Supplement plans will automatically be adjusted to cover those increased amounts. Please let Medicare Supplement clients know that their plan coverage will be raised. 

For Medicare Supplement plans in 2010, deductibles have increased as follows:

Medicare Part A

Deductible: $1,100 per benefit period

Medicare Part B

Deductible: $155 per year

Click here for a detailed chart of the coverage increases.

If you have questions, feel free to contact the Career Sales Department.

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