Modernized Medicare Supplement Plan N is Coming…

If you haven't heard yet, the Standardized Medicare Supplement plans are scheduled to be Modernized on June 1st of 2010. A major part of this Modernization will include two new choices for Medicare consumers; Medicare Supplement Plan M and Medicare Supplement Plan N.

Then new Medicare Supplement Plan N will have benefits that are similar to a Medicare Supplement Plan D. There will be a $20.00 dollar co-pay for doctors visits and for ER visits, a $50.00 co-pay. The cost of the Plan N is expected to have premiums much lower than that of a Medicare Supplement Plan F, around 70% of the cost.

Agents make sure you get all the information that you need on the biggest changes since part D. Know how these changes will affect you and your clients. And do what you can to be prepared for June 1st.