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November 22, 2011

Medicare Supplement Plans - Plan F

Most Comprehensive Plan

Out of the ten standardized Medicare Supplemental Insurance plans, Plan F has the most benefits. As the most comprehensive Medigap plan, it is often more expensive than Medigap plans with fewer benefits. Plan F includes all the following coverage:

  • Part A hospital co-insurance costs up to an additional 365 days after Medicare benefits are exhausted
  • Part B co-payment or co-insurance coverage
  • First three pints of blood used in an approved medical procedure
  • Part A hospice care co-insurance or co-payment
  • Skilled Nursing Facility (SNF) care co-insurance
  • Medicare Part A deductible
  • Medicare Part B deductible
  • Medicare Part B 'excess charges'
  • Foreign travel emergency coverage (up to plan limits)
  • Medicare preventive care Part B co-insurance

High-Deductible Plan F

Alongside the standard Medigap Plan F, there is a 'high deductible' version of Plan F. In the high-deductible version, you pay your out-of-pocket Medicare costs for the first $2,070 until your Medigap begins paying for coverage. Because you are responsible for higher out-of-pocket costs, a high-deductible Plan F is less expensive than a standard Plan F.

Our Medigap plan benefit chart allows you to compare the comprehensive benefits of Plan F to the other standardized Medicare Supplement plans.

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Medicare Advantage Plans, sometimes called "Part C" or "MA Plans," are offered by private companies approved by Medicare and provide Medicare Part A and Part B coverage. Medicare prescription drug coverage is insurance run by an insurance company or other private company approved by Medicare. A Medicare Supplement plan is a health insurance plan provided by a private company that fills in the "gaps" in original Medicare coverage.