Even with current funding, the level of care is low -- and out-of-pocket expenses are high -- for Medicare recipients when compared with private sector plans.
These Medicare supplement plans come in nine tiers, ranging from high-deductible policies, which have low premiums but high out-of-pocket costs, to Plan F, which offers the most comprehensive coverage.
The actual risk of any out-of-pocket settlement by a director is quite low says Stanford University Professor David Larcker, author of Corporate Governance Matters.