The Best Medicare Supplement Providers Of 2022 – Forbes Health

Medicare Supplement plans F, G and N are the most popular Medigap plans with the highest rates of enrollment nationwide. Which one is best depends on the beneficiary and their specific health care needs.

By and large, Plan F is the most popular Medicare Supplement plan due to its coverage of more out-of-pocket Medicare costs than any other Medigap plan type. Plan F pays for Medicare deductibles, copays and other costs associated with Medicare-covered services, so beneficiaries don’t have to worry about out-of-pocket expenses. However, Plan F is no longer available to any Medicare beneficiary who became eligible for Medicare on or after January 1, 2020.

Due to these enrollment restrictions, Plan G is becoming the most popular Medicare Supplement plan type for new Medicare enrollees, as it covers the most Medicare costs of any Medigap plan type that’s available to all beneficiaries. Plan G beneficiaries only have to pay their annual Medicare Part B deductible, after which the plan provides 100% coverage on all Medicare-covered medical expenses.

Finally, Plan N is the third most popular type of Medicare Supplement plan, which supports enrollees interested in a broad range of coverage. It provides 100% of Medicare Part B coinsurance costs, with the exception of $20 copays for office visits and $50 copays for emergency room (ER) visits. Beneficiaries are responsible for the annual Part B deductible as well. This structure keeps the cost of the plan relatively low despite risking higher out-of-pocket expenses, which is why it is generally preferred by those with fewer medical needs.

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