Medigap Plan L Rates in Oregon

If you are an Oregon resident searching for an ideal Medigap cost-sharing plan with extensive coverage and low premiums, consider supplemental Plan L. Medicare Supplement Plan L incorporates a $2,310 out-of-pocket limit, after which your coverage kicks in at 100 percent for Part A inpatient hospital care coinsurance and Part B preventive care coinsurance. Other services are not covered in their entirety, with non-preventive care Part B coinsurance and copays, skilled nursing and hospice care coinsurance, the Part A deductible and the first three pints of blood covered at 75 percent after the out-of-pocket limit has been reached. This is done to keep your premiums low and to save you money if your medical expenses are not typically high.

Lowest Rates Offered by Oregon Carriers of Medigap Plan L

In Oregon, only two insurance companies currently offer Medicare supplement Plan L. UnitedHealthcare offers the plan for monthly premiums as low as $60.90 for non-smoking men and women age 65. Humana offers Plan L for rates starting at $90.06 for men and $89.83 for women age 65 who don't smoke. If you are a smoker, you can expect to pay 10 percent or more in increased premiums.

Plan L may not be ideal for those who want assurance of complete and comprehensive coverage, such as the coverage offered by Plan F, but it may be ideal for those who wish to keep costs down and get a plan that still offers considerable protection. After the out-of-pocket limit is reached with Plan L, you get a number of benefits either covered 100 percent or at a low cost. If you live in Oregon and are looking for a plan that allows you to save money while assuring broad coverage, consider Plan L for your Medicare supplement needs.