Medigap plan N: Overview
If you’re looking for additional coverage beyond what Medicare provides, you may want to consider enrolling in a Medigap plan. Medigap plans are offered by private insurance companies and provide supplemental coverage to help pay some of the costs that Medicare doesn’t cover.
There are several different Medigap plans available, each with its own set of benefits. Plan N is a popular plan, as it offers a broad range of coverage at a relatively low cost.
Some of the highlights of Plan N include:
-Coverage for Part A and Part B deductibles
-Coverage for emergency care abroad
-Copayments for doctor visits and other outpatient care
Medigap plan N Coverage
- Medicare Part A hospital coinsurance and other costs up to an additional 365 days after Original Medicare benefits are used up
- Medicare Part A hospice care coinsurance or copayments
- Medicare Part A deductible
- Medicare Part B coinsurance or copayments*
- First three pints of blood used in a medical procedure
- Skilled nursing facility care coinsurance
- 80% of foreign travel emergency care (up to plan limits)
The only thing you pay for regarding your Medicare Part B coinsurance or copayments is you’ll pay $20 copay for some doctor’s office visits and up to a $50 copay for emergency room visits if you aren’t admitted as an inpatient.
Medigap plan N Enrollment
If you’re interested in enrolling in a Medigap plan, the first step is to contact a private insurance company that offers the plan. You can also visit the Medicare website to learn more about Medigap plans and compare different options.
FOOTNOTES:
1. HDF and HDG are deductible versions of the F and G, respectively. If you choose one of these options, this means that you must pay for Medicare-covered costs up to the deductible amount of $2,490 (2022) before your Medigap plan pays anything.
2. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 copayment for emergency room visits that don’t result in an inpatient admission.
3. Plan F, High Deductible Plan F (HDF) & Plan C are ONLY available to those who were considered Medicare-eligible prior to 2020.
4. Out-of-pocket limits for Plan K are $6,620 (2022) and $3,310 (2022).
