Medicare Supplement
Ever heard of a plan with a $257 max out of pocket? Yeah, we hadn’t either . . .until Medicare Supplement
Plan Types
-
Plan F* ✨
Not Recommended
Covers Part A deductible, Part B deductible and Hospice care. The plan F has previously been known as the Cadillac plan. In our opinion, often the Plan F has a higher premium than the offered benefit.
-
Plan G ✅
Recommended
Covers Part A deductible and Hospice care. Does NOT cover Part B deductible. On the Plan G, you pay $257 deductible and the rest of your medical bills are covered. On average, the Plan G saves $200-$400 annually compared to the Plan F. This is known as the NEW Cadillac plan.
-
Plan N ✅
Recommended
Covers Part A deductible, Part B coinsurance, and offers MAJOR savings! After meeting the part B deductible, each doctor office visit is $20 copay and ER visit $50 copay. The plan N saves $30-$40 per month over the Plan G. This plan is the Tesla of modern-day Medicare.
-
Plan A
Not Recommended
Covers Part A coinsurance, Part B coinsurance, and hospice care. However, Plan A does not cover Part A deductible, Part B deductible or Skilled Nursing care. This plan really stinks! You could call this plan the clunker.
-
Plan B
Not Recommended
Covers, Part A deductible, Part B coinsurance, and hospice care. You guessed it, the plan B is much like the plan A except it pays the Part A deductible for you. It does not cover Skilled nursing care.
-
Plan D
Not Recommended
Covers Part A deductible, Part B coinsurance, and skilled nursing. Not to be confused with Medicare Prescription drug plans, Plan D is a separate Medicare supplement option. Who wants to pay to overpriced services? No one. Plan D is like the Plan G, but much more expensive.
-
Plan K
Not Recommended
Covers Part A coinsurance, 50% Part A deductible, and 50% of Part B coinsurance. Thinking of taking a math class? Try it out on the Plan K. The Plan K covers 50% of your medical cost except for Part B deductible of which you’ll pay 100%.
-
Plan L
Not Recommended
Covers Part A coinsurance, 75% of Part B coinsurance, and 75% of Part A deductible. Plan L offers 75% coverage for your medical costs excluding Plan B deductible. You’ll still be responsible for $257 Part B deductible.
-
Plan M
Not Recommended
Covers Part A deductible at 50%, Part B coinsurance, and Skilled Nursing care. This plan does not cover Medicare Part B deductible.
Plan G - The Cadillac
With Plan G, you only pay the annual Medicare Part B deductible—everything else is covered. No copays, no hidden costs.
We recommend Plan G if you’re looking for:
Comprehensive coverage – No copays after deductible
Convenient care – See any doctor that accepts Medicare, no referrals needed
Cost-effective protection – Ideal for those with frequent or ongoing medical needs
Plan N - The New Kid
The Plan N is what we’d consider to be the new kid on the block much like today’s Tesla. It’s durable, efficient, and built for those who want affordable premiums without sacrificing quality.
We’d recommend the Plan N to someone who values:
Supplement for affordable price
Doesn’t mind small copays to lower monthly rates
Still prioritizes having the best healthcare available
Learn more about choosing a Medigap policy here!
Do you know your Medicare Lingo?
FAQs
-
Medicare Supplement Plans usually start on the first day of the month. However, in some cases that may start after the 15 day of the month.
-
You can enroll in a Medicare Supplement (Medigap) plan any time of year, but the best time is during your Medigap Open Enrollment Period—a one-time, 6-month window that begins the month you’re both 65 or older and enrolled in Medicare Part B. During this period, you have guaranteed issue rights, meaning insurance companies can’t deny you coverage or charge more due to health conditions. After this window, you may still apply, but you could be subject to medical underwriting in most cases.
-
Yes, you can choose to enroll in Medicare with a supplement rather than stay on employer coverage if you are Medicare eligible. Things to consider when choosing are: What is your Maximum out of pocket on the employer coverage? How much do you pay for employer coverage? When do you plan to retire?
The answers to these question will help you determine the best route for your specific situation. For help comparing these options, schedule an appointment!
-
We recommend shopping your supplement every 4-5 years. To shop your supplement, you’ll need to be able to pass Underwriting concerning your Medical history. Remember, staying healthy means lower rates!