Reserve National Medicare Supplement Plans – Factors to Consider
Reserve National Medicare Supplement Insurance should be one big name to consider while shopping for Medicare Supplement Plans.
The company is popular among clients because of various factors. The first factor is just perfect customer care and financial position of the company. While the second factor is the wide range of products this company offers.
Let’s first look at the customer care provided by the company. Generally, the public appears satisfied with the level of care this company provides. Customers praise provision of a broad range of products to the clientele. But they claim that the company can improve upon its communication with customers and claim processing procedure.
- The positive factors, which customers claim for the company, include:
- The large variety of products offered,
- Availability of all Medicare Supplement plans,
- Extensive coverage of geographical regions,
- Reasonable price, and
- Flawless financial history.
- At the same time, the areas which can be further improved include:
- Claim processing procedure,
- Communication with policyholders and medical practitioners, and
- Excessive marketing.
Reserve National Medicare Supplement Plans
The company includes all available Medicare Supplement plans in its portfolio. It means that in addition to the most basic plan, Plan A, the company includes the most popular plans, Plans F, G, and N.
Let’s see what each of these plans cover:
Plan A and B
Plan A includes coinsurance of Medicare Part A and B, first three pints of blood, and Part A hospice care coinsurance.
Plan B includes Part A deductible in addition to the costs covered under Plan A.
Plan C and D
Plan C is a little more extensive than Plan A and B. It includes Skilled Nursing facility care coinsurance and Part B deductible on top of the costs included in Plan B. Plus, all the plans excluding Plan A and B cover travel emergency insurance.
Plan D is a little less extensive than its previous competitor. The only difference between the two plans is that Plan D doesn’t cover Part B deductible.
Plan F and G
Plan F is the most extensive plan in all the offered options. However, Congress has decided to phase out this plan from 2020 onwards. The plan covers all the costs included in Plan C plus Part B excess charges.
Plan G used to be the second most extensive Reserve National Medicare Supplement offers after Plan F. Currently, it enjoys top popularity among potential clients. The only difference in Plan F and G is that the latter does not cover Part B deductible.
Plans K, L, and M
All these plans cover Medicare Part A coinsurance in full. But Plans K and L cover only part (plan K covers 50% and Plan L covers 75%) of Part B coinsurance, blood, Part A hospice care coinsurance, and nursing care facility coinsurance. Plan M covers all these mentioned costs in full.
These plans also cover only part of Part A deductible. Plus, these plans do not cover excess costs of Part B. Out of these plans, only plan M covers travel emergency.
It is another plan that offers similar coverage as Plan D but with a slight difference. While Supplement Plan D covers all Part B coinsurance, Plan N requires the enrollee to pay certain copayments for office and emergency room visits.
If you are considering investing in Reserve National Medicare Supplement, you may want to know the company’s performance in customer relations and financial viability. Plus, information about the available plans will also help you with your decision.