North Carolina Medicare Supplement and Long-Term Care Agent Practice Test

Medigap Plan K is designed to cover specific portions of costs that Medicare beneficiaries may encounter. One key benefit of Plan K is that it provides coverage for a portion of hospital costs, specifically 50% of hospital cost-sharing for inpatient care under Medicare Part A. This means that if a beneficiary is hospitalized, Medigap Plan K helps cover half of the cost-sharing responsibility that would otherwise be borne by the beneficiary after Medicare has made its payments.

The other options do not align with the coverage features of Medigap Plan K. For instance, Plan K does not cover 100% of Part A hospitalization for 365 days, nor does it provide full hospice cost sharing. Instead, while it provides some assistance for hospice care, it's limited to 75% of the costs. Additionally, it does not exclude coverage for blood transfusions, as other Medigap plans might. Thus, choosing the correct benefits of Plan K offers a clearer understanding of its specific coverages and helps beneficiaries navigate their options more effectively.