Medicare Supplement Plans

What does Medicare Supplement insurance cover?

Medicare Supplement (Medigap) plans help cover out-of-pocket costs from Original Medicare, including Part A and Part B copayments, coinsurance, deductibles, and even foreign travel emergency care depending on the plan.

Can I switch Medigap plans after enrollment?

Yes, but outside your Medigap Open Enrollment Period, insurance companies can use medical underwriting. This means they may charge more or deny coverage based on health conditions. It's important to choose wisely during your initial enrollment.

How much do Medicare Supplement plans cost?

Premiums vary by plan type, location, age, and carrier. Plan G typically costs $100–$300/month. Plan N is often $50–$200/month. Michael Aman compares rates across carriers to find the best price for your situation.

Do Medicare Supplement plans cover prescriptions?

No, Medigap plans do not cover prescription drugs. You'll need a separate Medicare Part D plan for prescription coverage. Michael can help you choose both a Medigap plan and a Part D plan that work together.

What is the difference between Medicare Supplement and Medicare Advantage?

Medicare Supplement works with Original Medicare and covers out-of-pocket costs. Medicare Advantage replaces Original Medicare with a bundled plan that may include extra benefits but often has network restrictions and prior authorization requirements.

A: Plan G is the most comprehensive Medicare Supplement plan available to new enrollees. It covers Medicare Part A coinsurance, hospital costs, Part B coinsurance, first 3 pints of blood, skilled nursing facility care, Part A hospice coinsurance, and foreign travel emergency coverage. The only out-of-pocket cost is the annual Part B deductible.

A: Yes, Medicare Supplement plans work with any doctor or hospital that accepts Medicare anywhere in the United States. There are no network restrictions, unlike Medicare Advantage plans.

A: The best time is your Medigap Open Enrollment Period — the 6-month window starting the month you turn 65 and have Medicare Part B. During this window, you have guaranteed issue rights, meaning no insurer can deny you or charge more based on health.

A: Plan N premiums are typically 20–30% lower than Plan G. The tradeoff is that Plan N may require up to $20 copays for office visits and $50 for ER visits that don't result in admission. Plan G has no such copays.