Medicare Supplement Plan L is generally one of the most cost-effective solutions for Medicare beneficiaries who prefer Medicare supplement coverage. It is also one of the most popular plans of choice, and for good reason. Medicare Supplement Plan L covers everything except the Part B deductible.
As you can see from the chart above, the Medicare Supplement L Plan will provide coverage for the deductibles, coinsurance and copayment expenses listed below:
Medicare Part A coinsurance for hospital stays, including additional 365 days after Medicare benefits are exhausted.
75% of Medicare Part B coinsurance for physicians and outpatient physician services.
75% of the Medicare Part A copayment for hospice services.
75% of the cost of the first three pints of blood required for any medical procedure.
75 % of the copayment for skilled nursing facility stays.
75% of the Part A franchise.
Plan L will not provide coverage for Part B Deductible, Part B Excess Charges or Foreign Travel Emergency.