Medicare Supplemental Part G is very popular plan among those who wants to cover out of the pocket cost occurred due to frequent doctors visit. If you have original medicare (Part A & Part B) and looking for plans to cover the costs which are not covered in original medicare, plan G can help you.
You can choose from the 10 standard plans available under Medicare Supplemental Plans (Medigap). Out of those 10 plans, medicare supplement plan G and Plan F are the most popular as they provide extensive coverage. Here I will talk more about Plan G.
You can read about Medicare Supplemental Plan F here.
Medicare Supplemental Part G
Medicare Supplemental plan G offers one of the most extensive coverage available. Medicare supplemental plan G offers variety of benefits like inpatient hospital coinsurance, skilled nursing care facilities coinsurance, part A deductible etc. With this plan, you may not have any out of the pocket cost for doctor’s or hospital visit.
Here you can see that Plan G offers one of the most complete coverage out of all the 10 plans in Medigap.
Part G Coverage
Medigap part G coverage is almost similar to what we have in plan F except it does not cover Medicare Part B deductible. It simply means medicare part B deductible which is covered in Plan F, must be paid out of the pocket. Part G covers Medicare Part A deductible, Part A hospital coinsurance, Part A hospice care. Part G also provide coverage to foreign travel medical emergency. You are also covered for first three pints of blood for a medical procedure.
|Medicare Part A Coinsurance for Hospital Visits||✔|
|Medicare Part B Coinsurance||✔|
|First 3 pints of Blood||✔|
|Hospice Care Coinsurance||✔|
|Skilled Nursing Facility Care Coinsurance||✔|
|Medicare Part A Deductible||✔|
|Medicare Part B Deductible||✖|
|Medicare Part B Excess Charges||✔|
|Foreign Travel Medical Emergency||✔|
Please note that as shown in table above, Medicare Supplemental Part G does not cover Medicare Part B deductible. While Plan F covers part B deductible as well, perhaps that is the only difference between plan G and F.
[stextbox id=”info” mode=”css”]Plan B Excess charges are the difference in cost between what a doctor or health provider charges for a medical service and the Medicare-approved amount. The beneficiary is usually responsible for paying this difference out-of-pocket[/stextbox]
Medicare Supplemental Part G Cost
Part G cost may vary depend upon the states where you live. As per Medicare law, coverage is standard across all states, but premium of part G depends upon insurance companies. Most of the insurance companies charge different premiums for the same coverage in different states.
To check your eligibility, you can contact the Medicare plan directly pr you can call 1-800-MEDICARE (1-800-633-4227), TTY users 1-877-486-2048; 24 hours a day, 7 days a week.
You can also visit medicare website to check medigap plans in your area.