Minnesota Medicare Supplement Plans
Minnesota is unique in their Medicare Supplement offerings. They do not offer the same Standardized plans that are available in most states. Instead, Minnesota offers a “Basic Plan” with the ability to add riders and an Extended Basic Plan
Basic Plan
- Out-of-Pocket Costs under this plan:
- Part A Inpatient Hospital Deductible
- Part B Deductible
- Part B Excess (“Reasonable and Customary”)
- Providers are allowed to charge up to 15% more than the Medicare allowable rates for their services.
Available Riders to add to Basic Plan
- Part A deductible
- Covers the Part A deductible at 100%
- Part B deductible
- Covers the Part B outpatient deductible at 100%
- Only available if Medicare eligible before 1/1/2020
- Part B excess charge
- Covers the 15% Medicare Excess charge
- Preventative Care Rider
- Pays up to $120/year for certain preventative medical services not covered by Medicare
Extended Basic Plan
- Out-of-Pocket Costs under this plan:
- Part B Deductible of $240 in 2024 (only if you become Medicare eligible after 1/1/2020)
- Part B Excess (“Reasonable and Customary”)
- Covers the allowable charge of up to 15% more than the Medicare allowable rates for their services.
Plan N Co-Payment (PBCO)
- Out-of-Pocket Costs under this plan:
- Part B Deductible of $240 in 2024 (only if you became Medicare eligible after 1/1/2020)
- Co-pays; $20 for each doctor’s visit of $50 for each Emergency Room visit
- Part B Excess (“Reasonable and Customary”)
- Covers the allowable charge of up to 15% more than the Medicare allowable rates for their services.
High Deductible Plan
- Out of Pocket Costs under this plan:
- This plan caps your Medicare eligible out of pocket expenses at $2,800/calendar year (in 2024).
- You will have Original Medicare coverage only until you have hit the out of pocket cap, then this plan pays 100% of your Medicare eligible expenses for the remainder of the calendar year.
- Available to those Medicare eligible before 1/1/2020.