Compare Medicare Supplement Plans
Medicare Supplement plans offer outstanding coverage for people on Medicare.
In fact, this might be some of the very best coverage you’ve ever had in your life!
We make it easy to help you learn and find the right coverage for you.
The Top 5 Medicare Supplement Plans are:
- Medicare Plan G
- Medicare Plan N
- Medicare Plan F*
- High-deductible Plan G
- High-deductible Plan F
- Medicare Supplement Plan F is only available to those who were enrolled in Medicare prior to January 1st of 2020
Medicare Supplement plans are designed to help pay for some, or all of the “gaps” in Medicare Part A and B (Original Medicare). This is where the name “Medigap” comes from.
The gaps are expenses that Medicare Part A and B do not cover. These are things like
Compare Medicare Supplement Plans in 2023:
- View the Medicare Supplement plans comparison chart for 2023 below and the benefits of each plan (Or keep reading below)
- Match up the plan that fits your needs best based on your own personal situation
- Compare the rates from multiple companies; They all have the same coverage but charge different premiums for the same thing (We can help, it’s FREE!)
- Realize that you will get rate increases each year, we’ll check the rates each year to help you save money
Best Medicare Supplement Plans for 2023
While there is no “best” Medigap plan for everyone, there are a few plans that most people enroll in.
Medicare Supplement plans in 2023 and their benefits are not changing, and each company offers the exact same coverage and plan letters.
Their monthly premiums all vary for the exact same coverage though! This is where we can help.
For no cost to you we’ll help you find the best coverage for the lowest premium, each and every year. It’s FREE!
You can view rates from the top companies using our FREE online quote engine, or just give us a call today.
The Best Medicare Supplement Plans for 2023 are:
1. Medicare Plan G
2. Medicare Plan N
3. High-deductible Plan G
4. Medicare Plan F*
5. Hi-Plan F
* Medicare Plan F is only available to those who were eligible for Medicare prior to January 1st of 2020
Medicare Part B – Doctor’s Services
Medicare Part B provides you with most of your coverage, particularly for doctor’s bills. This is hopefully what you’ll be using the most of rather than Part A, which is hospitalization.
Hopefully, you won’t be using much of any of it and staying healthy!
But that being said, prior to Part B paying any of your doctor’s bills each year, someone has to pay the deductible.
A deductible is an amount of money that must be paid prior to insurance kicking in and paying.
Medicare Part B Deductible in 2023
In 2023, the deductible amount is Medicare Part B is $226.
This means you have to pay the first $226 of your medical bills prior to Medicare paying anything.
Medicare will then begin paying 80% of your medical bills through Part B. You are responsible for the remaining 20%.
Medicare Plan G
Medicare Supplement plan G will certainly be the most popular Medigap plan for 2023 and for great reason.
With only one small deductible to pay and then 100% coverage, Plan G makes it easy to budget while getting nearly all of your medical bills paid for.
Plan G benefits:
- No Network
- Just one small deductible (Medicare Part B annual deductible)
- 100% coverage of all Medicare-approved expenses after the deductible is met
Medicare Plan N
Plan N is rising in popularity due to lower premiums than Medicare Plan G, yet still great coverage.
For lower premiums, you have some additional out-of-pocket expenses that you could incur on Plan N.
Many insurance companies now offer Plan N, and many people are experiencing lower rate increases each year on Plan N over Plan G, making it an outstanding choice for Seniors.
To get quotes on Plan G or N, simply fill out the quick form to the right, and rates from the top insurance companies will display.
Medicare Plan N Benefits:
- No Network! Visit any doctor, specialist, or hospital that accepts Medicare
- You pay the annual Medicare Part B deductible
- You may have a small co-pay per doctor’s visit afterward (never more than $20)
- There is a $50 co-pay for ER visits if not admitted
- Does not cover Part B excess charges (Doctors who accept Medicare assignment do not charge these)
Medicare Supplement Plans – How they work
Medicare Supplement plans are designed to help pay the “gaps”, or expenses, in Original Medicare.
Original Medicare consists of both Part A and Part B.
- Medicare Part A = Hospital Coverage
- Medicare Part B = Doctor’s Services
Medigap Plans & Coverage
Medigap plans not only will pay the additional 20% that Medicare Part B doesn’t pay, but a variety of other benefits.
With Medicare Plan G, once you meet this deductible then all your Medicare-approved expenses for the remainder of the year will be paid 100% for you.
The deductible is a calendar year amount you must meet, so it resets in January.
Medicare Plan N also covers the 20% but again, you may have a small co-pay for each doctor’s visit after you meet the deductible.
This is not guaranteed however, in fact, it could be less than $20 or even no co-pay. It just depends on how they code your visit.
How to Enroll in a Medicare Supplement Plan
If you are interested in a Medicare Supplement, the best time to enroll is in your Medicare 6-month Medigap open enrollment period.
This period lasts for 6 months and begins on the first day your Medicare Part B goes into effect.
You will have 6 months to enroll in a Medigap plan with no medical questions asked, and you’re guaranteed the coverage.
If you wait beyond this 6 month period you may still enroll in a Medigap plan anytime during the year, however, you will need to pass medical underwriting.
Leaving a Medicare Advantage Plan
Anyone who wishes to enroll in a Medicare supplement plan and currently has a Medicare advantage plan that is outside the initial 12 months of the plan, must also answer medical questions and go through underwriting.
The period that this change can take place is called the Annual Election Period, or AEP.
Also called the open enrollment period, it lasts from October 15th – December 7th each year.
During this time frame, you are allowed to:
- Disenroll in an Advantage plan and return to original Medicare with a Medigap Plan
- Opt-out of original Medicare and enroll in a Medicare Advantage plan
- Change from one Medicare Advantage plan to another
- Change your Part D drug plan
Any changes above would go into effect on January 1st of the following year.
Currently Have a Medigap Plan?
If you currently are on a Medigap plan and want to compare Medicare supplement plans and change to save money, this can be done any time during the year. You do not have to wait until the enrollment period.
Many people think they must wait until October to change their Medigap plan and overpay all year.
Call us now at 1-888-891-0229 to compare rates!
What is the Most Popular Medicare Supplement Plan?
Medicare Supplement Plan G is the highest-coverage Medigap plan available to people new to Medicare.
For anyone wanting outstanding coverage and only one out-of-pocket, small deductible to pay, Medicare Plan G is definitely the best choice.
Medicare Plan G has relatively low monthly premiums and is offered by several insurance companies.
Remember, they all offer the same Plan G and benefits, but all charge different rates!
Medicare Plan G helps cover:
- Part A deductible
- Hospice coinsurance
- Part B coinsurance
- Part B excess charges
- Part A hospitalization copay
- Nursing care coinsurance
- Three pints of blood, and your
- Emergency travel benefits up to $50,000 lifetime
Medicare Supplement Plans Comparison Chart
The chart below shows the ten Medigap plans and the coverage they provide. There is a high-deductible version of Plan F and Plan G as well, making 12 plans total.
As you can see the highest-coverage plans are Plan F, G, and N. Plan F is no longer available to people new to Medicare.
Medicare Plan G and Plan N are the most popular Medicare supplement plans now.
Medicare Supplement plans chart 2023 – No Changes
There will be no changes to the benefits of Medicare supplement plans in 2023, nor to the plan lineup.
You should definitely use our site to help you determine if you are paying the least amount possible for your Medigap coverage for 2023.
Remember each insurance carrier offers the exact same Medigap plan letters and benefits, but they all charge different rates!
Call us today at 1-888-891-0229 for help!
Medicare Plan N - A Great Choice and Value
Medicare Plan N is the second most popular Medicare Supplement plan and provides outstanding coverage for lower premiums than Medicare Plan G.
The difference between the two plans is that with Medigap Plan N, you may have some additional out-of-pocket expenses in exchange for a lower monthly premium.
On Medicare Plan N, you pay:
- Annual Part B deductible
- Up to $20 co-pay per doctor’s visit (no co-pay for telehealth visits)
- A $50 co-pay for ER visits if not admitted (no co-pay for urgent care visits)
- Any Part B excess charges which are almost never charged
Medicare Supplement Companies
Lots of insurance companies sell Medicare Supplements, and they all offer the exact same plan letters and coverage.
Their monthly premiums, however, are all entirely different.
Many companies offer household discounts and possibly other perks.
Here are our top choices for Medicare Supplement plan providers.
You can use our website to check Medicare Supplement rates from top companies side-by-side.
Sometimes a little pricier than some of the others on this list, Cigna does have some great health-focused benefits and a good selection of plans.
They also offer easy online access that makes it simple to get services and information anywhere you go.
Aetna offers Medicare supplement plans under a variety of subsidiary company names.
These are names such as Aetna Health and Life, American Continental, and Continental life.
They have extremely competitive rates in most states as well as a generous household discount in most states.
Mutual of Omaha
Always a leader in Medicare supplement insurance in most states, Mutual of Omaha also offers coverage from a variety of companies under its umbrella.
These are companies such as Mutual of Omaha, Omaha insurance company, United of Omaha, and United World.
Mutual of Omaha has some of the lowest monthly premiums for Plan G and Plan N in most states and offers up to a 12% household discount.
Accendo Medicare Supplement Plans
Accendo is owned by CVS/Aetna and offers incredibly competitive rates for Seniors aged 65 and Above.
Accendo offers a very generous 14% household discount in several states to people who have someone else in the household.
Medicare Supplement Plans - How to Apply
The easiest way to get started is to call us today at 1-888-891-0229.
We’ll answer all of your questions and help you find the right Medicare plan. Or you can use our FREE quote engine to begin shopping today!
Updated December 4th, 2022