The most common Medicare supplement plan is Medicare Part F. Here's why, as well as what it protects and how much it costs.
The good news for Americans who are unhappy with the health benefits offered by Original Medicare is that they have alternatives.
They have options, in fact, when it comes to seeking supplementary insurance to offset some of the healthcare expenses that Medicare Part A and Part B do not cover.
The bad news for those same people is that there are so many choices in this region that it can easily become overwhelming.
To begin with, they must choose between Medicare Advantage and Medicare Supplement coverage. If they plan to go for Medicare Supplement insurance, also known as MedSup or Medigap, they will have even more options. They must specifically select from ten separate MedSup plans.
If that sounds overwhelming, keep in mind that one MedSup plan is far and away the most common. What one is it? Plan F, or Medicare Part F as it's also known, is a Medicare supplement plan. Medicare Supplement Plan F, MedSup Plan F, Medigap Plan F, and Medicare Plan F are some of the other terms for it.
Can you sign up for Medicare Part F only because a lot of other people do? Obviously not. However, after learning about its benefits and costs, you can decide that Plan F is the best MedSup plan for you.