There are 10 Medicare supplement plans lettered A-N. Medicare supplement Plan G is comparable to Medicare supplement Plan F. These two plans are available in all states, as as well, as all the other plans. The difference between the two plans is Medicare supplement Plan G won’t include the Medicare Plan B deductible. If you have this plan, you will have to pay the deductible yourself.
The Medicare Part B deductible can change from year to year and you will pay this amount before Medicare starts to pay for your medical expenses. After that Medicare will pay 80% of your expenses and the Medicare supplement plan you choose will pay the 20% left of your medical expenses. Those expenses could be a specialist and medical supplies that your physician may require you to have. As with other Medicare supplement plans Medicare supplement Plan G is one of the best Medigap plans and will take care of your out of pocket expenses not covered by Medicare.
Some of the Advantages of supplement Plan G are:
Foreign health care up to 80%
Medicare supplement Plan G and Medicare Part B excess charges
Medicare Part A hospital costs after the 365 days that Medicare pays
Medicare Part A deductible
Medicare Part A hospice copayment or coinsurance
Medicare Part B excess charge
Medicare Part B copayment or coinsurance
First three pints of blood needed by the patient
Nursing home care coinsurance
One should be aware that the Medicare supplement Plan G will take care of Medicare Part B excess charges, which one may find other Medicare supplement plans do not cover. The only other Medicare supplement plan to cover these expenses is Plan F. Those excess charges are really the remaining costs that Medicare does not cover. It is the difference for what a Medicare will pay and what a specialist charges for their work. The Medicare program has set amounts they will pay for a doctors services. This determines control over what specialists may charge for their particular skills.
One should remember that Medicare supplement plans are each standardized for each plan. Regardless of which insurance company one chooses, all the plans remain the same. The difference will be the cost of the monthly premiums each insurance agency will charge for each plan. So it is important for a recipient to check out each plan for their medical needs and then find the insurance company that provides the monthly premium costs to meet your budget.