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Michael T Braden August 27, 2024 MEDICARE SUPPLEMENT PLANS
WHICH ARE THE MOST POPULAR MEDIGAP OR MEDICARE SUPPLEMENT PLANS?
REFER TO OUR MEDICARE SUPPLEMENT PLAN COMPARISON CHART TO SEE WHICH PLAN FITS YOU AND YOUR LIFESTYLE THE BEST
Prior to the 2018 Plan Year Medigap Plan F was the most popular Medicare Supplement plan for those enrolling in Medicare for the first time, followed by Plan C.
As of January 1, 2022, here is the data of which plans people currently are enrolled in. 55% have a Plan G policy, 36% have are enrolled in Plan N, 7% have a High Deductible Plan G, and finally, 2% still have either Plan F or the High Deductible version of Plan F.
* Plans F and G also offer a high-deductible plan in some states. With this option, you must pay for Medicare-covered costs (coinsurance, co-payments, and deductibles) up to the deductible amount of $2,780 in 2024 before your policy pays anything. (Plans C and F aren't available to people who are newly eligible for Medicare on or after January 1, 2020.)
** For Plans K and L, after you meet your out-of-pocket yearly limit and your yearly Part B deductible ($240 in 2024), the Medigap plan pays 100% of covered services for the rest of the calendar year.
*** Plan N pays 100% of the Part B coinsurance, except for a co-payment of up to $20 for some office visits and up to a $50 co-payment for emergency room visits that don't result in inpatient admission. Look around, and learn all there is to know about us. We hope you enjoy our site and take a moment to drop us a line.