Medigap Plans are named with a letter and go from A to N. Although there are several good options, the most comprehensive Medigap policy is called “Plan F”. Plan F covers 100% of Medicare deductibles, coinsurances, and excess charges, meaning you have zero out of pocket costs on all Medicare eligible expenses. You could think of it as the “peace of mind plan.”
Plan G is now becoming another very popular plan for several reasons. It is identical in coverage to Plan F except it does not pay for the small Part B calendar year deductible of $183 in 2018. In return, the premiums are less. So if you can purchase a Plan G that saves you more than $183/year, you are money ahead. In addition, if you are one of those fortunate people who rarely sees a doctor, you may get away with not needing to pay the $183 deductible either.
Several Medicare Supplement plan designs even pays up to $50,000 for emergencies if you travel outside of the USA, which is important since Medicare does not cover you outside of the country. For a full description, on a specific plan me.
To view or download a 52-page booklet published by Medicare called “Choosing a Medigap Policy 2018”, Click Here
To view or download the “Medicare and You 2018” 160-pagebook published by Medicare, Click Here