Medigap Plan G – Medicare Supplement
|Part A Hospital Coinsurance||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes|
|365 Hospital Reserve Days||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes||Yes|
|Part B coinsurance||Yes||Yes||Yes||Yes||Yes||Yes||50%||75%||Yes||Yes|
|Benefit for Blood||Yes||Yes||Yes||Yes||Yes||Yes||50%||75%||Yes||Yes|
|Skilled Nursing Facility||No||No||Yes||Yes||Yes||Yes||50%||75%||Yes||Yes|
|Part A deductible||No||Yes||Yes||Yes||Yes||Yes||50%||75%||50%||Yes|
|Part B deductible||No||No||Yes||No||Yes||No||No||No||No||No|
|Part B excess||No||No||No||No||Yes||Yes||No||No||No||No|
|Foreign Travel Benefit||No||No||80%||80%||80%||80%||No||No||80%||80%|
|Out-of-pocket limit||N/A||N/A||N/A||N/A||N/A||N/A||$5,120 in 2017||$2,560 in 2017||N/A||N/A|
What is Medigap Plan G?
Another commonly used Medigap plan is Plan G. This plan has many benefits including Part A coinsurance and hospital costs up to an additional 365 days after Medicare benefits are used up, Part B coinsurance or co-payment, first three pints of blood, Part A hospice care coinsurance or co-payment and skilled nursing facility care of co-payment. It however does not include the Part B deductible. This should be taken into consideration before choosing a plan.
If you do not mind assuming risk for the Part B deductible then this could be the right plan for you.
Plan G includes coverage for Medicare Part A and Medicare Part B copayments and coinsurance, plus the Medicare Part A deductible, skilled nursing facility services, foreign travel emergencies, and more. There is also additional blood coverage, 365 Additional Days Hospitalization Coverage after Medicare benefits end, and Hospice Care coinsurance or copayment.
Plan G also includes coverage for home-based recovery care.
Plan G currently covers 100 percent of Medicare Part B excess charges.
Plan G does not cover the Medicare Part B Deductible or Preventative Care not covered by Medicare.
It can be difficult to determine which plan is right for you, and not all insurance carriers offer all of the Medicare Supplement Plans. Most insurance carriers offer a variety of plans, so our licensed sales agents can help you shop around for the plan that will best fit your needs and budget.