Is Plan G the Best Medicare Supplement Plan?
For years, the "Cadillac" Medicare Supplement plan has been Plan F. It's the most comprehensive plan, completely filling the Medicare...
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Medicare Supplement Plan G
Plan G
Highlights
Medicare Supplement Plan G is one of the most popular Medigap plans.
Medigap Plan G highlights:
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Identical to Plan F except doesn't cover Part B deductible
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Lower monthly premiums than Plan F
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Our most popular plan
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Use with any doctor that accepts Medicare
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$240 annual deductible (in 2024)
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Covers Part B excess charges
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Supplement Quote Today!
Comparison of Popular Medigap Plans
Basic benefits*, including 100%
Part B coinsurance
Part A deductible
Part B deductible
100% Part B excess charges
$0 plan deductible
Plan G
$240Part B deductible
*Basic benefits:
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Hospitalization: Part A coinsurance plus coverage for 365 additional days after Medicare benefits end.
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Medical Expenses: Part B coinsurance (generally 20% of Medicare-approved expenses) or copayments for hospital outpatient services. Plans K, L, and N require insureds to pay a portion of Part B coinsurance or copayments.
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Blood: First 3 pints of blood each year.
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Hospice: Part A coinsurance.
How Much Does Medigap
Plan G Cost?
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What Does Medigap
Plan G Cover?
Like all Medicare Supplement plans, Plan G is federally standardized, meaning every Plan G policy includes identical coverage, regardless of insurance company. With Medicare Supplement Plan G you'll have almost no out-of-pocket medical expenses. Plan F is the most comprehensive Medigap plan, but Plan G is a close second. Plan G coverage is identical to Plan F with one exception: with Plan G you are responsible for the Medicare Part B deductible of $226 (in 2023).
Plan G covers:
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Hospitalization: Part A coinsurance plus coverage for 365 additional days after Medicare benefits end.
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Medical Expenses: after Part B deductible, plan pays remaining balance of Medicare-approved amounts (generally 20% after Medicare pays 80%).
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Blood: First 3 pints of blood each year.
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Hospice: Part A coinsurance.
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Skilled Nursing Facility Care: up to 100 days of skilled nursing facility care.
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Part B Excess Charges: 100% of Part B excess charges.
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Foreign Travel Medical Services: after a $250 deductible during the first 60 days, Plan G pays 80% of the remainder of charges up to a lifetime maximum of $50,000.
Printable Full Description of
Plan G Coverage
Should You Choose Medigap Plan G?
Medicare Supplement Plan G is our most popular Medigap plan. Like Plan F, Plan G offers the security of knowing that regardless of your health, you'll have nearly all of your medical expenses covered by the plan. The only difference is that Plan G kicks in after your $226 Part B deductible is met.
Plan F is no longer available to those who weren't Medicare-eligible prior to 2020. Even if you are elgibile for Plan F, there are a few reasons you might choose Plan G over Plan F:
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Lower premiums. Plan G has lower premiums than Plan F. If the annual premium savings with Plan G exceeds the $226 deductible covered by Plan F, then financially it makes sense to choose Plan G.
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Price stability. Plan F will be eliminated for newly eligible enrollees in 2020. Those already enrolled in Part F will be able to keep their plans, however, most predict that once Plan F is eliminated, its premium rates will increase more than other plans.
Medigap Plan G Topics
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