Medicare Direct Supplemental Insurance Option Act of 2002

Medicare Direct Supplemental Insurance Option Act of 2002 - Amends title XVIII (Medicare) of the Social Security Act (SSA) to direct the Secretary of Health and Human Services to provide procedures for enrollment of beneficiaries in a voluntary program to supplement Medicare benefits under parts A (Hospital Insurance) and B (Supplementary Medical Insurance). Limits eligibility for such Medicare direct supplemental insurance option to individuals who are entitled to part A benefits and enrolled under part B, but who are not enrolled in a Medicare+Choice plan under part C. Provides for payment under the direct supplemental insurance option of the cost of deductibles, copayments, and other cost-sharing amounts, subject to an annual deductible of $100.