What are the top 5 medicare supplement plans

Do you have any idea about Medicare supplement plans? Or do you want to know about this but can't find any information about it on any website? If that is the case. Then today's post can be very important for you. In today's post, we will highlight some information about the Medicare Supplement Plan. From where you may get the information you want. However, if you want to know the information you want, you must read this post carefully from beginning to end. Now let's start the main discussion.

what are the top 5 medicare supplement plans

What are Medicare Supplement plans?

Medicare Supplement is a type of personal insurance policy offered by various private companies to their customers for health protection. Medicare Supplement is also known as Medigap to many. Medicare supplement plans cover various types of expenses for consumers such as deductibles, co-insurance, copayments, etc. That is, if you take a Medicare supplement plan, the cost of your medical services will be paid by the company from which you take the Medicare supplement plan.

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In simpler terms, a Medicare supplement plan is a type of health insurance offered by various private insurance companies to cover the gaps in an individual's Medicare. Medigap plans have two main parts – Part A and Part B. Also, Medicare supplement plans are further divided into different categories. Which are expressed by the medicare supplement companies in English letters. Below are the ten available Medigap plans:

  • A
  • B
  • C
  • D
  • F
  • G
  • K
  • L
  • N

Some Medigap plans do not sell these Medicare supplement plans to new members. These include C, H, I, F, E, and J. Also, a Medicare supplement plan typically does not cover the cost of a customer's prescriptions. But if you want to get this prescription cost benefit then you can consider the Medicare Supplement D plan.

What Do Medicare Supplement Plans Cover?

Medicare supplement plans cover a wide range of out-of-pocket expenses that are primarily related to the customer's health. Below is a breakdown of what Medicare supplement plans can cover for a customer.

  • Deductibles: Deductibles are policies that cover the amount of health care and prescription costs a customer pays before the Medicare plan pays.
  • Coinsurance: Coinsurance is an amount or percentage that you may have to pay for certain services. which may have to be paid after paying the deductible.
  • Copayments: This is a certain amount of money that you may have to pay for certain benefits after factoring in various ancillary costs.

In addition to covering the above, Medicare supplement plans cover the cost of emergency medical services while traveling outside the United States. But keep in mind that Medicare supplement plan types A and B do not cover these benefits.

Who is Eligible for Medicare Supplement Plans?

Many of us think that Medicare supplement plans are something we can all afford. But this is not the case. There are certain qualifications to get Medicare supplement plans. If you can get those or if you have those qualifications, then you can apply for Medicare supplement plans or take this insurance scheme. Let's find out if you qualify for Medicare supplement plan insurance.

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  • First, you must be enrolled in both Schedule A and Part B of the Medicare Supplement Plan.
  • You must be 65 years or older.
  • A person below 65 years of age can do it (but must have a physical disability).
  • You must be present in the state from which you apply for the Medicare supplement plan.
  • Under 65 and diagnosed with amyotrophic lateral sclerosis (ALS).
  • Except during Open Enrollment Periods (OEP) and certain Special Election Periods (SEPs), you must access a medical record and underwrite written questionnaires.
  • Under 65 and diagnosed with end-stage renal disease (ESRD).

You must also get creditable coverage before enrolling in Medicare, and if you don't have it, companies can delay coverage for up to six months for pre-existing conditions, etc.

If you meet the above-mentioned qualifications then you can definitely apply for a Medicare supplement plan. If you are already enrolled in a Medigap plan, you can apply to change your enrollment or purchase a new plan.

What are the top 5 medicare supplement plans?

We have already learned about the different types of Medicare supplement plans. Where we have only known the names of the supplement plans. At this stage, we will discuss in detail the top 5 Medicare supplement plans among those plans. In this post, we will discuss these five plans as well as name some other companies that are. Currently, Medicare supplement plans provide insurance. The top 5 Medicare Supplement Plans are:

  • Plan G
  • Plan N
  • Plan G (high deductible)
  • Plan C
  • Plan D

Plan G

Among the medical supplement plans, Plan G covers the most Medicare costs and offers the most benefits to consumers. Due to this this plan has gained the most popularity among the customers at present. It may also be the best plan for new Medicare enrollees. Those who are Plan G beneficiaries only have to deduct the annual medical copay, then this Medicare Supplementary Plan provides 100% coverage of all medical expenses to the customers. Also listed below are the other benefits that Plan G offers to customers.

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  • Pays 80% of the medical expenses of customers while traveling abroad. 
  • The facility provides coinsurance to skilled nurses. 
  • Provides blood circulation up to 3 liters. 
  • Additional lessons pay the fee of B. 
  • Provides the benefit of currency insurance to customers. 
  • Pays in installments including all insurance or hospice. 
  • Part A provides its franchise etc.

Also, almost every insurance company that sells Medicare supplement insurance policies offers Plan G to their customers. Due to this, this plan is always available. Medigap Plan G costs between $100 and $150.

Plan N

Medicare Plan N is the best Medigap plan for consumers. That helps customers balance good coverage with affordable prices. This plan pays 100% of Medicare Part B copays, except for $20 copays for office visits and $50 copays for emergency room visits. Due to this, it is gradually gaining popularity among customers. This plan is chosen by the budget-conscious among us. You can buy this plan from various health insurance companies like AARP, UnitedHealthcare, Aetna, Cigna, etc. Plan N offers various benefits to its customers such as

  • Part A pays 50% of the franchise. 
  • Part A pays her hospital expenses. 
  • Part A pays its co-insurance or hospice expenses. 
  • Part B provides coinsurance for medical care. 
  • Provides blood circulation up to 3 liters. 
  • Pays 80% of medical expenses for foreign travel. 
  • Part A deductible is eligible in this plan. 
  • Provides coinsurance for skilled nursing etc.

This plan offers their customers only two things: Part B deductible and Part B excess charges. If you choose to take this plan, your monthly expenses can be anywhere from $80 to $120. Which is much less affordable than other plans.

Plan G (high deductible)

Plan G offers the same level of coverage as Plan G with high deductibles. The monthly premium of this plan is much lower than other plans. This could be a welcome new option for those of us who are Medicare beneficiaries. This plan is only available to those who are 65 years of age. This option works with Medicare Part A and B like other plans to cover gaps for consumers. There is no specific network for this plan. As a result, you can use this plan from any doctor or hospital that accepts Medicare. This plan has a discount of $2800 for 2024 which changes every year. 

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This means that Medicare will pay 80% of the cost of your treatment when you use medical services. The biggest advantage of the plan is its premium. This plan requires a customer to pay a premium that is usually about half of the Plan N rate and up to $100 or 1 month less than the Plan G rate. Which is undoubtedly very affordable. Another advantage of this plan is its ease of use. It can be used like any Medigap plan. This plan may be suitable for those among us who expect lower health expenses throughout the year etc.

Plan C

Plan C is one of the most popular Medicare supplement plans, similar to Plan F. The difference between Plan F and Plan C is that Plan C does not cover Part B excess charges. Plan F on the other hand covers it. This plan reduces your additional out-of-pocket costs by covering costs that fall behind original Medicare if you are enrolled in this plan. Also, this plant has many other advantages-

  • Medicare Part A provides coinsurance. 
  • Medicare pays 20% of Part B coinsurance. 
  • Cares for emergency foreign travel. 
  • Part A provides the franchise. 
  • Insurance pays for hospital expenses and Part A. 
  • Part A provides hospice insurance. 
  • Provides blood circulation up to 3 liters. 
  • Provides coinsurance for skilled nursing etc.

Medicare Supplement Plan C can cost a subscriber about $140 to $420 per month at home. This cost may vary based on a customer's zip code, age, tobacco use, gender, and other factors. Also, it may change based on the carrier of the customer. And yes this plan does not charge extra for Pat B.

Plan D

Plan G and Plan D are the same for Medicare supplement plans. That is, Plan D provides the same benefits to its customers as Plan G provides to its customers. In this case, Plan G does not cover the additional charges for Part B to their customers and Plant D does not cover the additional charges for Part B to their customers.

Dear Readers, So far we have come to know about the top five Medicare Supplement Plans. Now we will know which top companies in the world provide these plans. At this stage, we will know the names of those companies. Below are the names of some of the top companies that offer Medicare supplement plan policies.

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  • Humana
  • AARP by UnitedHealthcare
  • Blue Cross Blue Shield
  • Cigna
  • State Farm
  • Mutual of Omaha
  • Aetna
  • Anthem
  • Manhattan Life
  • Bankers Fidelity


In fact, many of us know about Medicare supplement plans but don't know about the top 5 Medicare supplement plans. So in this post, we have listed some information about the top five Medicare supplement plans and names of some top companies that provide such plans. Also in this post, we have discussed what a is medicare supplement, what are the eligibility requirements to get this insurance, etc. We hope you will benefit from reading this post. And if you see any mistake in this post, then definitely let us know through the comment box. We will try to fix the mistakes. And if you like this post then definitely share it with others. thank you.

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