Administrative Code

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Virginia Administrative Code
Title 14. Insurance
Agency 5. State Corporation Commission, Bureau of Insurance
Chapter 160. Rules to Implement Transitional Requirements for the Conversion of Medicare Supplement Insurance Benefits and Premiums to Conform to Repeal of the Medicare Catastrophic Coverage Act
7/12/2020

14VAC5-160-110:1. Appendix a.

[COMPANY NAME]

NOTICE OF CHANGES IN MEDICARE AND YOUR MEDICARE SUPPLEMENT COVERAGE-1990

THE FOLLOWING OUTLINE BRIEFLY DESCRIBES THE MODIFICATIONS IN MEDICARE AND IN YOUR MEDICARE SUPPLEMENT COVERAGE. PLEASE READ THIS CAREFULLY!

[A BRIEF DESCRIPTION OF THE REVISIONS TO MEDICARE PARTS A & B WITH A PARALLEL DESCRIPTION OF SUPPLEMENTAL BENEFITS WITH SUBSEQUENT CHANGES, INCLUDING DOLLAR AMOUNTS, PROVIDED BY THE MEDICARE SUPPLEMENT COVERAGE IN SUBSTANTIALLY THE FOLLOWING FORMAT.]

SERVICES

MEDICARE BENEFITS

YOUR MEDICARE
SUPPLEMENT COVERAGE

In 1989 Medicare Per Calendar Year

Effective January 1, 1990, Medicare Will Pay

In 1989 Your Coverage Pays

Effective January 1, 1990, Your Coverage Will Pay Per Calendar Year

MEDICARE PART A SERVICES AND SUPPLIES

Inpatient Hospital Services

Unlimited number of hospital days after $560 deductible

All but $592 for first 60 days/benefit period

Semi-Private Room & Board

All but $148 a day for 61st-90 days/benefit period

Misc. Hospital Services & Supplies, such as Ddrugs, X-Rays, Lab Tests & Operating Room

All but $296 a day for 91st-150 days (if individual chooses to use 60 nonrenewable days)

BLOOD

Pays all costs except payment of deductible (equal to costs for first three pints) each calendar year. Part A blood deductible reduced to the extent paid under Part B

Pays all costs except nonreplacement fees (blood deductible) for first three pints in each benefit period

SKILLED NURSING FACILITY CARE

There is no prior confinement requirement for this benefit

100% of costs for 1st 20 days (after a three-day prior hospital confinement)/benefit period

First eight days - all but $25.50 a day

All but $74 a day for 21st-100th days/benefit period

9th through 150th day - 100% of costs

Beyond 100 days
Nothing/benefit period

Beyond 150 days - Nothing

MEDICARE PART B SERVICES AND SUPPLIES

80% of allowable charges (after $75 deductible/calendar year)

80% of allowable charges (after $75 deductible)

PRESCRIPTION

Inpatient prescription drugs. 80% of allowable charges for immuno-suppressive drugs during the first year following a covered transplant (after $75 deductible/calendar year)

Inpatient prescription drugs. 80% of allowable charges for immuno-suppressive drugs during the first year following a covered transplant (after $75 deductible/calendar year)

BLOOD

80% of all costs except nonreplacement fees (blood deductible) for first three pints in each benefit period (after $75 deductible/calendar year)

80% of costs except nonreplacement fees (blood deductible) for first three pints in each benefit period (after $75 deductible/calendar year)

[Any other policy benefits not mentioned in this chart should be added to the chart in the order prescribed by the outline of coverage benefits. If there are corresponding Medicare benefits, they should be shown.]

[Describe any coverage provisions changing due to Medicare modifications.]

[Include information about when premium adjustments that may be necessary due to changes in Medicare benefits will be effective.]

THIS CHART SUMMARIZING THE CHANGES IN YOUR MEDICARE BENEFITS AND IN YOUR MEDICARE SUPPLEMENT PROVIDED BY [COMPANY] ONLY BRIEFLY DESCRIBES SUCH BENEFITS. FOR INFORMATION ON YOUR MEDICARE BENEFITS CONTACT YOUR SOCIAL SECURITY OFFICE OR THE HEALTH CARE FINANCING ADMINISTRATION. FOR INFORMATION ON YOUR MEDICARE SUPPLEMENT [Policy] CONTACT:

[COMPANY OR FOR AN INDIVIDUAL POLICY - NAME OF AGENT]

[ADDRESS/PHONE NUMBER]

Website addresses provided in the Virginia Administrative Code to documents incorporated by reference are for the reader's convenience only, may not necessarily be active or current, and should not be relied upon. To ensure the information incorporated by reference is accurate, the reader is encouraged to use the source document described in the regulation.

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