Medicare Plan G

What is Medicare Plan G

Medicare Plan G is a supplemental insurance plan that helps pay for some of the costs that Original Medicare does not cover, such as copayments, coinsurance, and deductibles. It is one of the ten standardized Medigap plans available in most states. Plan G is the second most comprehensive Medigap plan, after Plan F. It covers all of the costs that Plan F does, with the exception of a portion of the Part B deductible.

Like all Medigap plans, it is only available to people who are enrolled in Original Medicare. If you decide to enroll in a Medicare Advantage plan, you will not be able to enroll in a Medigap plan.

How much does Medicare Plan G cost?

The monthly premium for Medicare Plan G varies depending on the insurance company and the state you live in. The average national monthly premium for Plan G was $152 in 2018. You may also have to pay a deductible and coinsurance.

What does Medicare Plan G cover?

Medicare Plan G covers all of the costs that Original Medicare does not cover, with the exception of a portion of the Part B deductible. This includes copayments, coinsurance, and deductibles. It also covers some of the costs of overseas emergency medical care. It is one of the ten standardized Medigap plans available in most states. Plan G is the second most comprehensive Medigap plan, after Plan F

If you are enrolled in Original Medicare and are looking for supplemental insurance to help cover some of the costs not covered by Medicare, then Medicare Plan G may be a good option for you. It is important to compare the costs and benefits of all the different Medigap plans before making a decision. You can also talk to a Medicare insurance agent in your local area.