An overview on the Medicare Supplement Plan G and its benefits

People turning 65 years, will find the Plan G Medicare Supplement plans of best value. However, it includes changes between Plan G Medicare Supplement to Plan F Medicare Supplement and Plan N Medicare Supplement plans. Thus, there is a need for you to be aware of it so that you make a proper decision. Knowing it helps you in discussing the changes and to have an impact on your decision.


The Medicare Supplement plans G and N are both popular choices and there are differences in these plans. So, there is a need to know about the differences before you arrive at a decision considering the plan to be right for you.


Differences you must know

Medicare Supplement Plans and a Medigap plan, what is the difference? These answers are located at answer is plainly nothing. This is because Medicare supplement are also referred to as Medigap. These are two terms that are used interchangeably. They refer to Medicare supplement plans Part A and Part B by covering the gabs, the co-pays and deductibles that may have caused a dent to your wallet as it becomes your obligation to bear, in case you do have a Medicare supplement plan.

medicare supplement plan for 2019

It is very important to know that Medicare supplement plans are renewable or no? Having a Medicare Supplement plan means regardless of your health status, your plan does not get cancelled nor does the rate change as per your health status. This plan is in force unless or until you cancel it.


Plan G Medicare supplement is becoming popular and this is because of main two reasons:

  • Medicare supplement plans C and F are phased out in 2020 January.
  • Medicare Plan G is of better value with a lower premium

Medicare Supplement Benefits

Medicare supplement plans F display that it offers coverage to 100% all the way down in each category. It means that 100% coverage is for all the deductibles and copays that can be normally paid with Part A Medicare and as outpatient coverage with Part B Medicare insurance. This is a great plan and also is an easy decision to choose, but the only issue is that it will be phased out in 2020 January. In fact, Medicare Supplement plan G provides equal benefits for people with less money.


Plan G Medicare supplement offers the same benefits except the Part B deductible.  It resets every year on January 01.    In 2017 it was $183 and is anticipated to reach $250 in the coming five to seven years.