Medigap Medicare Supplement Insurance Medicare Plan F

Medigap Plans

Benefits	A	B	C	D	F	G	K	L	M	N
Part A Hospital Co-insurance	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
365 Hospital Reserve Days	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
Part B co-insurance/co-payment	Yes	Yes	Yes	Yes	Yes	Yes	50%	75%	Yes	Yes
Blood Benefit (first 3 pints)	Yes	Yes	Yes	Yes	Yes	Yes	50%	75%	Yes	Yes
Hospice coinsurance/co-pay	Yes	Yes	Yes	Yes	Yes	Yes	50%	75%	Yes	Yes
Skilled Nursing Facility coinsurance	No	No	Yes	Yes	Yes	Yes	50%	75%	Yes	Yes
Part A deductible	No	Yes	Yes	Yes	Yes	Yes	50%	75%	50%	Yes
Part B deductible	No	No	Yes	No	Yes	No	No	No	No	No
Part B excess charge	No	No	No	No	Yes	Yes	No	No	No	No
Foreign Travel Benefit	No	No	80%	80%	80%	80%	No	No	80%	80%
Out-of-pocket limit	N/A	N/A	N/A	N/A	N/A	N/A	$6,940	$3,470	N/A	N/A

2023 Data – Table Source

Plan F’s Popularity

Medicare supplement Plan F is a more comprehensive plan than the others as far as benefits for the enrollee. Each insurance carrier decides which Medigap policies it wants to sell, although state laws might affect which ones they offer. If an insurance carrier offers any Medigap Plan they must also offer Plan F as well as Plan C.

What Does Plan F Offer?

Plan F covers the Medicare Part A co-insurance and deductible, Medicare Part B co-insurance or co-payment and deductible, and 100 percent of the Part B excess charges.

Benefits

Plan F covers benefits like coinsurance for hospice services, skilled nursing facility treatment coinsurance, and foreign travel emergency insurance.

Plan F insurance

Plan F covers Medicare Part B excess charges, which result from the difference between what a physician charges for services and what Medicare will compensate the physician for those services. The doctor can charge you up to 15 percent of the amount not covered by Medicare, but Plan F will cover this difference. You can also enroll in a Plan F policy with a high deductible. If you choose this option, it means you must pay for Medicare-covered costs up to the deductible amount of $2,700 in 2023 before your Medigap plan pays anything. Plan F may shelter you from higher payments that you must pay yourself if you need health services that are more expensive than what Medicare will pay.

What doesn’t Plan F cover?

Plan F does not cover preventive care or at home recovery care. You can call our licensed sales agents for more information and help finding the right plan for your needs.

As of January 1, 2020, new Medicare beneficiaries may no longer enroll in Medigap Plan F. Current enrollees can, however, keep their plan.

DONNA FREDERICK

After retiring from a career as an executive travel counselor in 2006, Donna Frederick embarked on a second career as a licensed insurance agent. During that first year, many clients told Donna how overwhelmed they felt by Medicare, but that her assistance helped them finally understand the Medicare program. That experience inspired Donna to focus her efforts on educating her clients to ensure they fully understand their Medicare options. Today, Donna takes pride in providing outstanding customer service and going the extra mile to make sure each client knows all of their options and has a sound understanding of their Medicare plan, from costs to coverage and all points in between.