A Medicare Supplement plan helps to cover the out-of-pocket costs that are still left after enrolling for Medicare Part A and B.  Apart from covering the remaining expenses not covered by Medicare Part A and Part B, Medicare Supplement plans may also cover deductibles, copays, and emergency care costs while traveling outside of the United States. 

There are ten types of Medicare Supplement plans, each with different levels of coverage and are standardized. In this post, we’ll list the Medicare Supplement plans that provide the most comprehensive coverage.

Medicare Supplement Plan C

Plan C covers all the out-of-pocket expenses under Original Medicare, which includes:

• Medicare Part A coinsurance and hospital costs after Medicare benefits run out
• Medicare Part A hospice and palliative care coinsurance and copayments
• Medicare Part B copayments and coinsurance
• First three pints of blood for medical procedures
• Coinsurance relating to care in skilled nursing facilities
• Medicare Part A and Part B deductible
• Emergency coverage during travel (covering 80% of eligible expenses

However, it does not cover the excess charges for Medicare Part B. While this plan is one of the most comprehensive supplement plans available, it is no longer available to new Medicare enrollees. This means if you became eligible to enroll in Medicare after January 1, 2020, you will not be able to enroll in this plan. 

If you were already enrolled in this plan prior to that date, then you are considered grandfathered in and can keep it.

Medicare Supplement Plan F

Plan F is the most comprehensive supplement plan available as it covers everything Plan C does, including the Part B excess charges. However, also like Plan C, if you became eligible to enroll in Medicare after January 1, 2020, you will not be able to enroll in this plan. 

But no worries! For those who are looking for comprehensive plans but cannot enroll in Plan C or Plan F, you have other options available to you.

Medicare Supplement Plans G and N

Plan G is very similar to Plan F as it covers everything, including the Part B excess charges. However, it does not cover the Part B deductible, which is $203 as of 2021. This plan also has a high deductible option, meaning you can have a lower premium by paying a higher deductible amount before your plan begins its coverage.The high deductible as of 2021 is $2,370.

After Plan G, Plan N is also considered a comprehensive plan. It covers:

• Medicare Part A coinsurance and hospital fees for up to 365 days after the Medicare benefits have been used up
• Medicare Part A deductible
• Medicare Part B coinsurance or copayments
• First three pints of blood needed for a medical procedure 
• Coinsurance payments for skilled nursing care
• Foreign travel coverage (up to 80% of healthcare emergency fees accrued when traveling)

But it does not cover the excess charges or deductible for Part B. It also does not include a high deductible option like Plan G. However, it still offers a considerable amount of coverage.

The most important thing is to choose a plan that is budget friendly and offers enough benefits for you. To get more information about the available Medicare Supplement plans, contact Game Changing Benefits today.