Medicare Supplemental Plans: Which One Is Right for You?

Many people see Medicare as an all-inclusive medical coverage for people over the age of 65. However, there are actually a lot of different things that aren’t included.

Medicare alone only covers 80% of inpatient care at hospitals and skilled nursing facilities. Part B covers 80% of outpatient care and certain medical supplies. If you want or need more than that, you’ll need to find Medicare supplemental plans.

Here are some of the most popular types of Medicare supplemental insurance plans and how you can get them.

What Are the Best Medicare Supplement Plans for 2022?

Medigap insurance is necessary if you have certain drug prescriptions that cost too much on their own. You may also need to cover hospital fees like anesthesia and the cost of extended care.

Like any normal insurance plan, Medicare supplemental plans offer different levels and types of coverage. All supplemental plans offer 100% of your Part A coinsurance, though only some offer Part B coinsurance and hospice coinsurance.

Some are also much more popular than others. For example, Medicare plans F, G, and N all hold over 80% of enrollment by themselves.

Medicare Supplement Plan B

Supplement plan B offers Part A deductible, hospital coinsurance, and hospice coinsurance. However, it does not have Part A SNF coinsurance or offers the Part B deductible.

Medicare Supplement Plan C

Plan C does offer the Part A SNF coinsurance in addition to all other related benefits. For foreign travel emergencies, you get 80% up to your plan’s limits.

Medicare Supplement Plan D 

Plan D is the same as Plan C in most areas. The only major difference is that it does not offer the Plan B deductible.

Medicare Supplement Plan F

Plan F offers the most comprehensive supplemental coverage. You can be sure to get all Part A and Part B benefits with this plan. It also offers a high-deductible plan in some states.

Medicare Supplement Plan G

Supplement Plan G offers 50% of your Part A deductible. It does not include the Part B deductible.

Medicare Supplement Plan N

Supplement Plan N also provides all the necessary benefits from Part A and B. It currently has one of the highest enrollments due to the way it keeps costs low relative to other similar plans.

Medicare Supplemental Plans Eligibility

In order to be eligible for a Medicare supplemental plan, you must first be enrolled in both Parts A and B. You must meet the age requirement and reside in the plan’s state.

If you need help deciding between all the different plans, make sure to reach out to a Medicaid planning attorney near you.

Get Complete Coverage

If you’re still wondering which medicare supplemental plans are best for you, try looking at the most popular options. There’s a good chance that other people are getting those because they offer the best coverage for their price range. At the very least, it’s a good place to start.

Anyone interested in reading more about health and related topics should check out some of our other articles online.