Medigap policies can vary in coverage and cost depending on your location. While they don’t cover certain expenses like dental, prescription drugs, or vision care, these plans are still beneficial in helping seniors fill the gaps in their Original Medicare coverage. Here is a breakdown of the coverage you can expect with each plan:
There are several factors to consider regarding the cost of Medicare Supplement plans. The premiums can range from $50 to $300 on average per month. Keep in mind that the cost varies based on individual policyholder information, and plans with higher premiums often have lower deductibles, while those with lower premiums have higher deductibles. We can help you navigate the pricing options and find a plan that fits your budget.
Let’s highlight some of the most popular Medicare Supplement plans: F, G, and N. While Plan F is no longer available for new enrollees born after 1955, it remains popular for its comprehensive coverage, including 100% coverage of Part A and B deductibles, excess charges, and coinsurance. Plan G also offers comprehensive coverage, except for the Part B deductible. Plan N is a value-priced option covering most out-of-pocket expenses, except for copayments for office and outpatient ER visits.
To discover which Medicare Supplement plans align with your needs and explore different coverage options, don’t hesitate to schedule a free consultation with our specialists. Call us today at (901) 460-7220 and take a proactive step towards securing the right Medicare coverage for your health and financial well-being.