Comparing Medicare Supplement Plans
Medicare Supplement (also known as Medigap or MedSupp) insurance plans help cover certain out-of-pocket costs that Original Medicare, Part A and Part B, doesn’t cover. There are 10 plan types available in most states, and each plan is labeled with a different letter that corresponds with a certain level of basic benefits.
In most states, Medigap insurance plans have the same standardized benefits for each letter category. This means that the basic benefits for a Plan A, for example, is the same across every insurance company that sells Plan A, regardless of location. This makes it easy to compare Medicare Supplement insurance plans because the main difference between plans of the same letter category will be the premium cost.
Massachusetts, Minnesota, and Wisconsin standardize their Medicare Supplement insurance plans differently from the rest of the country. In all states, insurance companies that sell Medicare Supplement insurance aren’t required to offer all plan types. However, any insurance company that sells Medigap insurance is required by law to offer Medigap Plan A. If an insurance company wants to offer other Medigap plans, it must sell either Plan C or Plan F in addition to any other plans it would like to sell.
The chart below allows you to compare Medicare Supplement insurance plans based on what’s offered across the standardized plans that are available in most states.
Keep in mind that these are Regulated by state insurance authorities within guidelines set by the federal government
Here are the 10 standard Medigap plans offering different levels of supplemental coverage (Plans A-D, F, G, K-N)1 and there is also one high deductible option. You pay the first $2,300 of the Gaps not paid by Medicare and then the plan will pay the rest.