Minnesota Health Insurance Network

Minnesota Health Insurance Network

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Great News for Medicare Cost Plans!

MN Health Staff Writer | May 12, 2015

There are several types of Medicare products available in Minnesota including Medicare Advantage Plans, Medicare Supplement Plans, Medigap Plans, and stand-alone Prescription Drug plans. One other type is a Medicare Cost Plan. These plans are unique to this region and are very popular among Medicare members because they share the cost of claims with Medicare, while providing additional benefits not covered by Medicare. These benefits can include eyewear coverage, hearing aid coverage, dental coverage, health club memberships, as well as options to add prescription drug coverage. In addition, these plans travel well for members seeking coverage within the U.S., but outside of this area. Best of all the premiums are generally very competitive.