Medicare Supplement Plan L, like Supplement Plan K, requires you to pay a portion of select costs including co-payments, coinsurance, and deductibles. Colorado Supplement Plan L is a good option if you have low medical expenses, prefer a lower monthly premium, and are ok assuming some medical costs.

The primary difference between Supplement Plan L and Supplement Plan K is that Supplement Plan L offers 75% of costSupplement Plan L coverage compared to Plan K’s 50% cost coverage.

Medicare Supplement Plan L includes the following benefits:

  • 75% of Medicare Part A coinsurance for hospitalization in addition to coverage for one additional year after Medicare benefits end
  • 75% of Medicare Part B coinsurance for medical expenses — usually 20% of Medicare-approved expenses — or co-payments for outpatient services
  • 75% after the first three pints of blood you receive as a hospital inpatient or outpatient (whereas original Medicare typically covers any pints of blood you receive after the first three)

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Medicare Supplement Plan L does not cover:

  • Medicare Part B deductible
  • Medicare Part B excess charges
  • Foreign travel emergency coverage
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