Medicare supplement plan G (also called Medigap plan G) is the second most popular of the ten different Medicare supplement plans (see all the Medicare supplement plans HERE). What makes it so popular is the extent to which it covers the gaps in your traditional Medicare coverage. With the second most comprehensive coverage Medicare supplement plan G allows you to not worry about what the bills will be when you visit the doctor or are admitted to the hospital.
With a Medigap plan G supplement you will fill almost all of the gaps in Medicare Part A and B. The gaps that are filled are:
The question we frequently get at this point is, “what makes this different than Medicare supplement plan F?” The difference is that Medicare supplement plan G does not cover the $140 annual deductible that comes with Medicare Part B. Inevitably the next question off a person’s lips is, ”Why would I go with Medigap plan G instead of Plan F?”
The simple and short answer is that it can be cheaper for you to choose plan G over plan F. Medicare supplement Plan G will many times be as much as $20 cheaper per month than plan F. So if you look at this from an annual basis you would save $240 a year by choosing plan G. Now you would have to pay the deductible of $140 every year. So in this example you are giving up $140 and in exchange you are saving $240. I don’t know about you but I will make that trade all day long and twice on Sunday. Of course the only way to know for sure if Plan G will save you money is to get a set of quotes. You can get a free, no hassle set of quotes by filling out the form on the side of this page or on our Medicare supplement quotes page HERE.
As with any of the supplements you are going to get the same coverage no matter which company you choose. The plans do not change from company to company so the only questions you will need to answer are, “Which plan do I like?” and, “Which company do I feel comfortable will provide great service?” So whether you choose Medigap plan G or one of the other plans we would be honored to provide you with the information that can help you make those decisions.