There are various Medigap plans that allow Medicare beneficiaries to enroll in the most comprehensive coverage. Choosing a Medigap plan on your own can be frightening. With over 8 different lettered plans to choose from
(Plans A –N) with different benefits we can navigate you through their differences to assist you in choosing the right
plan for your budget.
Basics of Medigaps
Most Medigap plans cover the 20% that Medicare Parts A and B do not cover. Medigap plans are standardized by the government and are required to cover the same benefits as another carrier's plan.
Medigap plans have no network. You can get services from any doctor or facility that accepts Medicare. There are no networks or prior authorization required for services. They do not cover Medicare Part D so those plans can be purchased separately as well as any extra benefits such as vision and dental coverage.
* Plans F and G also offer a high-deductible plan in some states. This option requires you pay all Medicare Covered costs (coinsurance, copayments and deductibles) up to the deductible amount of $2,370 in 2021 before the policy pays. Plans F and C are not available in 2021.
** Plans K and L have out-of-pocket limits. Once you hit these amounts and pay your Part B deductible of $203 for 2021 the plans pay 100% of covered services for the year. Plan K out-of-pocket is $6,220 and Plan L is $3,110.
*** 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 if you are not admitted to the hospital.