The Medicare Supplement Insurance plan comparison chart below is a great tool you can use to learn about your potential coverage options and to see which type of plan may be right for your needs.
This chart outlines the benefits that are covered by each type of Medicare Supplement Insurance plan (also called Medigap).
|Medicare Supplement Benefits||A||B||C||D||F1||G||K2||L3||M||N4|
|Part A co-insurance and hospital costs||✓||✓||✓||✓||✓||✓||✓||✓||✓||✓|
|Part B co-insurance or co-payment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|First 3 pints of blood||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Part A hospice care co-insurance or co-payment||✓||✓||✓||✓||✓||✓||50%||75%||✓||✓|
|Co-insurance for skilled nursing facility||✓||✓||✓||✓||50%||75%||✓||✓|
|Medicare Part A deductible||✓||✓||✓||✓||✓||50%||75%||50%||✓|
|Medicare Part B deductible||✓||✓|
|Medicare Part B excess charges||✓||✓|
|Foreign travel emergency||80%||80%||80%||80%||80%||80%|
|1. Plan F offers a high-deductible plan. This plan requires you to pay a $2,300 deductible in 2019 before it covers anything.
2. Plan K has an out-of-pocket yearly limit of $5,560 in 2019. After you pay the out-of-pocket yearly limit and yearly Part B deductible, it pays 100% of covered services for the rest of the calendar year.
3. Plan L has an out-of-pocket yearly limit of $2,780 in 2019. After you pay the out-of-pocket yearly limit and yearly Part B deductible, it pays 100% of covered services for the rest of the calendar year.
4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to a $50 copayment for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.
Medigap plans can cover up to nine of the following out-of-pocket 2019 Medicare costs. Each type of plan will offer a different combination of some or all of these benefits:
There are a few things to note when analyzing the above Medicare Supplement Insurance plans comparison chart.
Starting on January 1, 2020, Plan F and Plan C will no longer be available to new Medicare beneficiaries. If you already have Medicare, you may be able to enroll in a plan if one is available in your area.
The best time to enroll in a Medicare Supplement Insurance plan is during your Medigap Open Enrollment Period. This six-month period begins as soon as you are 65 years old and enrolled in Medicare Part A and Part B.
If you enroll in a Medigap plan outside of your Medigap Open Enrollment Period, you may be subject to medical underwriting by the insurance company selling the plan. This means that you could be charged higher premiums or denied a policy altogether based on your age and health.
To get help using the Medicare Supplement Insurance plans comparison chart and to find the right plan for your needs, visit MedicareSupplement.com today!