➤ How many Medigap plans are there?
There are 10 standardized Medigap plans: A, B, C, D, F, G, K, L, M and N. Each lettered plan offers the same core benefits no matter which insurer sells it, so only the price and service differ. Massachusetts, Minnesota and Wisconsin use their own standardized designs instead of these letters.
➤ Which is most popular?
Plan G is the most popular Medigap plan for people new to Medicare. It covers everything Plan F does except the Part B deductible, which leaves you with low, predictable costs. Plan N is another common choice for people willing to accept some copays in exchange for a lower premium.
➤ Can I buy Plan F?
You can buy Plan F only if you were first eligible for Medicare before January 1, 2020. If you became eligible on or after that date, Plan F is not available to you, and Plan G is usually the closest option. Plan C follows the same rule.
➤ What is the difference between Plan G and Plan N?
Plan G covers everything Plan F does except the Part B deductible. Plan N also skips the Part B deductible and excess charges, and you may pay up to $20 for some office visits and up to $50 for ER visits, waived if admitted. Plan N usually costs less.
➤ Do Medigap plans cover prescription drugs?
No, Medigap plans do not include Part D drug coverage. You need to buy a separate Part D plan for your prescriptions. Medigap also cannot be used with a Medicare Advantage plan, so it is paired with Original Medicare.
➤ When is the best time to buy a Medigap plan?
The best time is during your six-month Medigap Open Enrollment Period, which starts the month you are 65 or older and enrolled in Part B. During this window insurers cannot use medical underwriting. After it ends, insurers in most states can ask health questions.
➤ Do Medigap plans cover travel outside the U.S.?
Plans C, D, F, G, M and N cover 80% of foreign travel emergency care after a $250 deductible, up to a $50,000 lifetime limit. This only applies to emergencies. If you travel often, compare this benefit with separate travel insurance.