Medicare Supplement insurance plans help offset your out of pocket expenses for medical care. The plans are regulated by federal law and cover different things like copays, deductibles, and coinsurance payments.
The Medicare Supplement plans have letter names and go from A through N. However, a few policies in between are no longer available.
Private insurance companies issue Medicare Supplement plans. You secure the policy through them and pay your premiums to them, separate from any other premiums, including Medicare Part B premiums. Medicare oversees each policy, requiring standardized coverage, but the premiums may differ between companies.
At Senior Insurance Representatives, we’re here to make sure you understand your Medigap options. We’ve listed the different policies below to help you understand your coverage options.
Medigap Plan A
Medigap Plan A covers the following:
- Part A coinsurance (not deductible)
- Part B coinsurance and copayment
- First 3 pints of blood in a medical procedure
- Part A hospice care coinsurance and copayments
Medigap Plan B
Medigap Plan B covers everything from Plan A plus Medicare Part A’s deductible.
Medigap Plan C
This plan is no longer available to new enrollees after January 1, 2020. If you were eligible for Medicare before January 1, 2020, you may buy Medigap Plan C, but speak with a licensed insurance representative at Senior Insurance Representatives to find out more details.
Medigap Plan D
Plan D covers:
- Part A coinsurance
- Part B coinsurance and copayment
- First 3 pints of blood in a medical procedure
- Part A hospice care coinsurance and copayments
- Skilled Nursing Facility Care Coinsurance
- Part A deductible
- 80% of foreign travel emergencies
Medigap Plan F
Medigap Plan F is no longer available.
Medigap Plan G
Plan G covers:
- Part A coinsurance
- Part B coinsurance and copayment
- First 3 pints of blood in a medical procedure
- Part A hospice care coinsurance and copayments
- Skilled Nursing Facility Care Coinsurance
- Part A deductible
- Part B excess charge (the amount the doctor can charge beyond what Medicare allows)
- 80% of foreign travel emergencies
Get Free Medicare Help
- Compare Costs of Plans
- Estimate Your Savings
- Help You With Enrollment
Medigap Plan K
Plan K covers:
- Part A coinsurance
- Part B coinsurance and copayment (up to 50%)
- First 3 pints of blood in a medical procedure (up to 50%)
- Part A hospice care coinsurance and copayments (up to 50%)
- Skilled Nursing Facility Care Coinsurance (up to 50%)
- Part A deductible (up to 50%)
- Out of pocket maximum of $5,880
Medigap Plan L
Plan L covers:
- Part A coinsurance
- Part B coinsurance and copayment (up to 75%)
- First 3 pints of blood in a medical procedure (up to 75%)
- Part A hospice care coinsurance and copayments (up to 75%)
- Skilled Nursing Facility Care Coinsurance (up to 75%)
- Part A deductible (up to 75%)
- Out of pocket maximum of $2,940
Medigap Plan M
Plan M covers:
- Part A coinsurance
- Part B coinsurance and copayment
- First 3 pints of blood in a medical procedure
- Part A hospice care coinsurance and copayments
- Skilled Nursing Facility Care Coinsurance
- Part A deductible (up to 50%)
- 80% of foreign travel emergencies
Medigap Plan N
Plan N covers:
- Part A coinsurance
- Part B coinsurance and copayment (you may owe office and emergency room copays)
- First 3 pints of blood in a medical procedure
- Part A hospice care coinsurance and copayments
- Skilled Nursing Facility Care Coinsurance
- Part A deductible
- 80% of foreign travel emergencies
How do you choose? Call the experts.
At Senior Insurance Representatives, we understand how hard it can be to determine which Medicare Supplement plan is right for you. Call us today and we’ll help you choose the plan that suits your wallet while providing you with the best coverage for your health needs.
