Is Medicare Supplement Plan F Going Away in South Dakota?
The highly prized Medigap Plan F is about to be a thing of the past. The government is forcing it out as a way to cut costs. The good news is that you can keep it if you have it. Will it actually cut Medicare cost in South Dakota? It's anyone's guess, but the theory is that seniors will use their doctor less often if they have to pay out-of-pocket.
Medicare Supplements Work with Medicare Part D
A supplement does not pay for your prescriptions. By law, supplemental insurance must cover Original Medicare covers, and nothing more. Foreign travel coverage is the only exception. To get help with your prescriptions, you'll need to join a South Dakota Medicare Part D plan.
South Dakota has Standardized Medicare Supplements
South Dakota insurance carriers are required to follow both state and federal laws regulating Medicare Supplements. Plans are standardized and must provide the exact coverage mandated. The only variance is the premium and how the premium is calculated.
All supplements sold in South Dakota offer the basic benefits of Plan A. All other plans include additional levels of gap coverage. This lets you to select the amount right coverage for your personal needs.
Each carrier decides which plans it wants to issue. State law mandates that:
- Carriers are not required to offer every plan;
- Carriers must offer Plan A (basic benefits); and
- Carriers must also offer Plan C or Plan F.
To learn more, visit the South Dakota Department of Insurance website at http://www.dlr.sd.gov/insurance.
Just a friendly remainder that Medicare does not cover routine dental care. We have a complete catalog of South Dakota dental insurance for seniors.
Looking for Assistance?
There are numerous insurance counseling resources available to Medicare beneficiaries. One of the best in South Dakota is the State Health Insurance Assistance Program (SHIP). They offer free, one-on-one counseling and assistance. You can contact them by telephone or by visiting their website:
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