Medicare Supplementary Medical Insurance - SMI

Medicare Supplementary Medical Insurance - SMI
Health insurance sold by private insurance companies meant to top up an original Medicare plan. Medicare supplementary medical insurance, commonly known as Medigap, covers additional healthcare costs that may not be covered under the traditional Medicare plan, such as emergency room services and ambulatory surgical procedures.

Medicare supplemental heath insurance has 12 standardized policies, categorized as plans A through L. Typically, when purchasing supplemental medical insurance, one must already be covered under Medicare A and B. In addition to any premiums associated with the original Medicare plan, subscribers must also pay premiums for any Medigap services they purchase over and above their original plan; however, as long as premiums are paid in good order, Medigap insurance policies are guaranteed to be renewed the following year.


Investment dictionary. . 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Medicare (Vereinigte Staaten) — Medicare Versicherungskarte (Muster) Medicare ist die öffentliche und bundesstaatliche Krankenversicherung innerhalb des Gesundheitssystems der USA für ältere oder behinderte Bürger. Medicare wurde am 30. Juli 1965 durch Zusätze zum Social… …   Deutsch Wikipedia

  • Medicare Prescription Drug, Improvement, and Modernization Act — Acronym Medicare Modernization Act or MMA Citations Codification …   Wikipedia

  • Medicare Part D — Centers for Medicare and Medicaid Services logo Medicare Part D is a federal program to subsidize the costs of prescription drugs for Medicare beneficiaries in the United States. It was enacted as part of the Medicare Prescription Drug,… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”