Best Medigap Plans

 

Medigap Plans help pay the gaps, or expenses, in Medicare Part A and B. These gaps are things like co-pays, deductibles, and coinsurance that you’re responsible for. The best Medigap Plans pay nearly all of your out-of-pocket expenses for you.

 

Click below to learn more about Medigap Plans!

 

 

The Best Medigap Plans are:

  • Medigap Plan G
  • Medigap Plan N
  • High-deductible Plan G
  • Medigap Plan F
  • High-deductible Plan F

 

What is Medigap?

Two of the most popular questions we get are, “Which Medigap plan is the best one?” and “What is Medigap?”.

While the first question doesn’t have a direct answer, the second question is easily addressed. Put Simply, Medigap is a Medicare Supplement.

These plans are tailored to work alongside Original Medicare and do just that, supplement the costs of Medicare. They are designed to work with the basic original Medicare coverage to help minimize or eliminate out-of-pocket expenses.

Medicare Part A and B make up original Medicare, but these do not pay all your bills for you. There are “gaps’, or expenses in them which you are still required to pay. These include things like coinsurance, co-pays, and deductibles.

A Medigap plan can pay most of these for you. These plans are offered by private insurance companies and designated in letters. Each letter has different benefits.

Despite there being ten Medigap plans available, most people just sign up for one of the best three plans listed above.

The two most popular Medigap plans are Medicare Plan G and Plan N.

 

Medicare supplement plans

 

 

Which Medigap Plan is Best?

 

As we stated before, one of the most common questions we receive is, “Which Medigap Plan is Best?”.

Each plan has different uses and what might be best for one person, might not be best for another. That being said, there really are just three different plans that most people sign up with. These plans will fit your needs best, so there’s no need to go looking through all ten plans.

As mentioned above, those three plans are:

  • Medigap Plan G
  • Medigap Plan N
  • High-deductible Plan G

Medicare Plan F didn’t make this list. This is because plan F isn’t even offered to people new to Medicare anymore. And if you have a Plan F and kept it, we strongly encourage you to use our FREE online quote engine and watch the Plan G and Plan N videos below.

You can then see just how much money you can save with these plans over Plan F. Being a closed plan, Medicare plan F now runs the risk of very high rate increases. Aside from that, Plan F was just never a good value to begin with.

 

 

Medigap Plan G

 

Medigap Plan G was tailored to be an economical alternative to Plan F while proving nearly the same coverage.

The only expense you are left to cover out-of-pocket on Plan G is that you must pay the annual deductible for Medicare Part B. Currently, in 2021 this deductible is only $203, and in 2022 it will likely be close to $210.

Once you meet this deductible with Plan G you’ll get 100% coverage on all your Medicare-approved medical expenses. This means, no bills!

 

Click below to learn more about Plan G!

 

Medicare Plan N

 

Also, a high coverage plan, Medicare Plan N is quickly becoming a favorite plan of those on Medicare.

This is because Medigap Plan N has lower premiums than Plan G. In fact, the rates for Plan N are often close to $30 per month lower than Plan G!

This is because with Plan N you might have some additional out-of-pocket expenses. Those items are listed below.

 

Medicare plan N expenses:

  • Annual Part B deductible
  • Up to a $20 co-pay for doctor’s visits (Telehealth excluded)
  • A $50 co-pay for ER visits if not admitted (Urgent care centers do not apply)
  • Part B excess charges (Not common)

 

Click below to learn more about Medigap Plan N!

 

 

 

medicare advantage plans 2019

 

 

Applying for Medigap

 

The easiest way to apply for one of the Medigap plans is to just call us direct at 1-888-891-0229.

If you are just turning 65 or new to Medicare, you are in an open enrollment period. This means no insurance carrier can turn you down for coverage.

We’ll find you the best plan with low premiums and easily apply and help you with a Part D drug plan.

 

Currently Have a Medigap Plan?

If you are already enrolled in a Medigap plan and you’re wanting to save money by switching, call us today! You can change your plan any time during the year, you do not have to wait until the open enrollment period in October.

 

Leaving a Medicare advantage plan

If you’ve been enrolled in a Medicare advantage plan for less than 12 months, and it was your first time enrolled in one, call us today. We can help you disenroll from the plan and enroll in a Medigap plan. 

If you have been on your advantage plan for more than a year, then you should still call us so we can check rates and set a time frame to help you disenroll. You will likely have to wait until the Medicare open enrollment period on October 1st. Your new coverage if approved would go into effect on January 1st of next year.

 

Either way, the best thing to do is call us today! We promise you’ll be glad you did!

 

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