Which Medicare supplement plan should you choose? Plan G or Plan F?

Although there are 10 Medicare supplement plans as standardized by letters, but out of them the Plan G, Plan F and Plan N happen to be the most famous ones. But, people are often confused about which plan to choose, Plan F or plan G, because both of them have same coverages. However, there is a slight difference in the premium too. There is only a certain criteria in which the Plan G may be different from that of Plan F. Nonetheless, understanding the benefits of each of the Medicare supplement plans can help to distinguish and determine which one is the best for you.

 

Benefits of Medicare Plan F can be found here https://www.medisupps.com/medicare-supplement-plans-2019/

Out of all the ten plan, the Medicare Plan F covers most of the arenas. This plan covers most of the parts of Part A as well as Part B. Some of the prominent benefits of the Medicare plan F include

 

  • Deductible and coinsurance of Part A.
  • Co-payment and coinsurance of Part B.
  • Deductibles for Part B.
  • The extra or additional charges for Medicare Part B.
  • 80% of the emergency in the foreign travel.
  • First three pints of blood.
  • Hospital expenses related to Part A
  • Medical expenses related to Medicare Part B

 

Benefits of medicare Plan G

The benefits of Medicare Plan G are very much similar to that of Plan F. However, the only difference is that Part B deductible is not included in plan F. Also, the premium charges for Medicare Plan G is very less than that of Plan F. Despite Part B deductible option not being available, the insurers will be able to save money because of low premium.

 

Which plan is the best for you?

The month premium charge for the Medicare supplement plan will be dependant on a number of factors such as age, gender and more. Plan G is affordable due to less premium. But, Plan F is expensive since is offers full coverage. It is for this reasons that a number of people choose Plan F over Plan G.

 

However, before you make any decision you should understand the terms and coverages for the Medicare supplement plan. Also, make sure to check for your lifestyle and health conditions to determine if which plan will the best for you. To determine all these factors, you should prefer consulting an expert agent. They will not only explain to you the benefits but also help you choose the best for you.