Medicare Supplement (Medigap) Plans
There are several choices for Medigap plans, which include Plans C, F, G, K, L, M, and N. Medicare Supplement plans help cover out-of-pocket costs from Part A and B. Below is a comparison of the ten Medicare Supplement plans.
Plans C and F
(No longer available to people who were born after 1954)
Medigap Plan C covers all the out-of-pocket costs from Medicare Part A and Part B. This Supplement plan also covers 80% of the charges for foreign travel emergencies. Plan C does not cover the excess charges for Medicare Part B, but it is one of two plans that covers the Part B deductible.
Compared to all other Supplement plans, Plan F is the most comprehensive. It covers all of the remaining out-of-pocket costs from Part A and B, including 80% of foreign travel emergency expenses. Also, Plan F is the other plan option that covers the deductible for Medicare Part B.
Even though Plans C and F sound like great options to those looking for comprehensive coverage, these two plans aren’t available to everyone. Those who became eligible for Medicare on or after January 1, 2020, are not eligible for Plans C and F. However, there are other alternatives if you do not qualify for these plans.
Plans G and N
As of 2024, these are the most popular supplement plans for those who do not qualify for Plans C and F.
Plan G does not cover the Part B deductible ($240), but it does cover everything else that was covered under Plan F, including Part B excess charges. There is also a high-deductible option with an out-of-pocket limit of $2,800.
Plan N does not cover the Part B deductible or its excess charges, and it does have co-pays for doctor and ER visits.
Other Plans
Plan K
- Part A coinsurance and hospital costs
- Part B coinsurance and hospital costs (only up to 50%)
- First three pints of blood used in transfusions (only up to 50%)
- Part A hospice care coinsurance and copayment (only up to 50%)
- Skilled nursing care facility coinsurance (only up to 50%)
- Part A deductible (only up to 50%)
Plan K has an out-of-pocket limit of $6,940. Once you meet this limit and the Part B deductible of $240, your Medicare Supplement plan will cover 100% of covered services for the remainder of the calendar year.
Plan K does not cover the Part B deductible or its excess charges.
Plan L
- Part A coinsurance and hospital costs
- Part B coinsurance and hospital costs (only up to 75%)
- First three pints of blood used in transfusions (only up to 75%)
- Part A hospice care coinsurance and copayment (only up to 75%)
- Skilled nursing care facility coinsurance (only up to 75%)
- Part A deductible (only up to 75%)
Plan L has an out-of-pocket limit of $3,470. Once you meet this limit and the Part B deductible of $240, your Medicare Supplement plan will cover 100% of covered services for the remainder of the calendar year.
Plan L does not cover the Part B deductible or its excess charges.
Plan M
Plan M does not have an out-of-pocket limit and does not have much cost-sharing involved. Here’s what it covers:
- Part A coinsurance and hospital costs
- Part B coinsurance and hospital costs
- First three pints of blood used in transfusions
- Part A hospice care coinsurance and copayment
- Skilled nursing care facility coinsurance
- Part A deductible (only up to 50%)
- Foreign travel emergency care (only up to 80%)
Plan M does not cover the Part B deductible or its excess charges.
For more information and help with understanding your Medicare Supplement options, please call us at (918) 280-8025.