Definition: Medicare Supplement Insurance (MSS) - also called Medicare Supplement Policy or MPP, is a type of health-insurance policy that covers the services provided by private providers for covered services in an employer-sponsored health plan (e.g. group health plan). It provides coverage up to 10% of the costs associated with prescription drugs and certain procedures. In addition, it includes benefits such as preventive care services, emergency medical services, outpatient services, mental health treatment, home health services, hospice care, and other services provided by private providers. The benefits can range from $25 to a maximum of $400 per month and are typically available for three years (generally through the age of 75). The word "medicare supplement insurance" is a type of healthcare insurance policy that provides coverage up to 10% of the costs associated with prescription drugs and certain procedures. It covers preventive care services, emergency medical services, outpatient services, mental health treatment, home health services, hospice care, and other services provided by private providers. In addition, Medicare Supplement Insurance (MSS) also includes benefits such as: - Preventive care services - Emergency medical services - Outpatient services - Mental health treatment - Home health services - Hospice care - Other services provided by private providers The premiums for the MPP are typically based on an annual cost of $25 to a maximum of $400 per month, and the coverage can last for up to three years (generally through age 75). The benefits offered vary depending on the type of provider covered, the level of prescription drug coverage provided, and any other specific provisions. In summary, Medicare Supplement Insurance is a type of healthcare insurance policy that covers the services provided by private providers for covered services in an employer-sponsored health plan. It provides coverage up to 10% of the costs associated with prescription drugs and certain procedures, includes benefits such as preventive care services, emergency medical services, outpatient services, mental health treatment, home health services, hospice care, and other services provided by private providers, and is typically available for three years (generally through age 75).
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