Examples of Medicare supplement plan in a sentence
The annual high deductible plan “J” deductible shall consist of out-of-pocket expenses, other than premiums, for services covered by the Medicare supplement plan “J” policy, and shall be in addition to any other specific benefit deductibles.
The annual high deductible plan “F” deductible shall consist of out-of-pocket expenses, other than premiums, for services covered by the Medicare supplement plan “F” policy, and shall be in addition to any other specific benefit deductibles.
Generally,beneficiaries must have Medicare Part A and Part B tobuy a Medicare supplement plan.
Medicare Supplement PlansBeneficiaries who have Original Medicare may want to buy a Medicare supplement plan to help cover out-of-pocket costs.
These services are separate from the Medicare supplement plan benefits, may be discontinued at any time and vary by state.
Medicare Select plans offer beneficiaries thebenefits of a Medicare supplement plan at a lower price.
Upon attaining eligibility to participate in Medicare Part B benefits, the formula used to calculate the District’s contribution to an eligible retiree’s HRA will be adjusted to be based on the premium for participation in a Medicare supplement plan, minus any minimum contribution paid directly to CalPERS.
Unlike a standard Medicare supplement plan, Medicare Select requires insured members to use a network hospital to receive their full benefits.
Upon a retiree reaching age 65 years of age, Medicare becomes the primary insurer and the retiree is no longer eligible to participate in the plan, but can purchase a Medicare supplement plan from the District’s insurance provider.
For employees who retired on or prior to June 30, 2021, the Medicare supplement plan rate used for this calculation will be no greater than the PERS Choice Medicare supplement plan rate that was in effect on the date of the employee’s retirement from District service.