Plan N is a generic Medicare Supplement (Medigap) insurance plan, which ensures it provides the same coverage for all carriers. With the addition of a $20 co-payment for office visits and up to $50 for emergency room visits, Medigap Plan N covers 100 percent of the Medicare Part B coinsurance costs.
The following benefits are included in Medigap Plan N:
Up to 365 days after Original Medicare benefits expire, Part A hospital coinsurance and hospital expenses are covered.
Section A copayment or coinsurance for hospice treatment
Deductible for Part A Costs of Part B coinsurance (except for office visits and emergency room visits)
Costs of Part B coinsurance (except for office visits and emergency room visits)
Coinsurance for preventive treatment under Part B
In a surgical operation, the first three pints of blood are used.
Coinsurance for skilled nursing facilities (SNFs)
The Medicare Part B premium and excess expenses are not covered by Medigap Plan N, so the recipient is liable for covering these costs out of pocket.
The advantages of Medigap Plan N are almost identical to those of Plan D, with the exception of how it handles Medicare Part B coinsurance costs. Except for a $20 copayment for office visits and a $50 copayment for emergency department visits, Medigap Plan N covers 100 percent of Part B coinsurance costs. These are entirely protected by Medigap Plan D, making this approach appealing to those who are willing to pay co-payments for doctor or emergency room visits on a regular basis.
Plan N is a Medicare Supplement insurance plan that you can compare to other Medicare Supplement insurance policies.
Plan N is a Medicare Supplement insurance plan that you can compare to other Medicare Supplement insurance policies.
Medigap Plan N prices, like all Medigap plans, can vary depending on the carrier. The price a person would pay for a Medigap Plan N policy is determined by how a particular insurance carrier "values" the premiums. For those looking for extensive coverage, Medigap Plan N might be a good alternative. Since it is not the most comprehensive Medicare Replacement insurance plan, it is recommended that you compare the specifics of all ten Medigap policies to find the one that best suits your needs.
