Medigap plan F is the most comprehensive plan available to provide supplemental benefits to Original Medicare (Parts A & B).  There are 9 essential benefits provided by Medigap plans and plan F covers all of them at 100%:
- Medicare Part A coinsurance and hospital costs up to an additional 365 days after benefits under Medicare are exhausted
- Medicare Part B coinsurance or copayment
- The first 3 pints of blood
- Part A hospice care coinsurance or copayment
- Skilled nursing facility care coinsurance
- Medicare Part A deductible ($1,216 for 2014)
- Medicare Part B deductible ($147 for 2014)
- Medicare Part B excess charges
- Foreign Travel Emergency (up to plan limits)
Since plan F is considered to be the “cadillac plan” of Medigap plans, it’s going to have the highest rates. Â So how do you keep your costs down if the premiums are too expensive and you want the best plan? Â The answer – you take on a little more risk. Â Under a high-deductible plan F, you will have a plan deductible ($2,140 in 2014) that must be met before the benefits kick in. Â In return, your premiums will be much lower in comparison to a regular plan F.
So which one is better? Â The answer differs for everyone as each individual has their own personal preference, need, monetary budget, medical history, etc. Â To get a free quote comparison of these two plans and any of the other Medigap plans, give us a call at 1-888-972-0024 or CLICK HERE to e-mail us 24 hours a day.