Medigap Plan L works like Plan K but covers 75% of most Medicare gaps instead of 50%. It also has a lower annual out-of-pocket maximum ($3,610 in 2026), giving you more protection while still keeping premiums below comprehensive plans.
What Plan L Covers
How to Compare Plans
Because Medigap benefits are standardized by the federal government, Plan L covers the exact same benefits at every insurance company that sells it. The only difference between carriers is the premium — which can vary by 30–50% for the same plan and the same applicant. Working with an independent broker lets you see the full market and pick the lowest price for identical coverage.
Is Medicare Supplement Plan L Right for You?
Plan L strikes a balance between the lower-premium cost-sharing approach of Plan K and the more comprehensive coverage of Plan G or Plan N. With a $3,610 out-of-pocket maximum in 2026 and 75% coverage of most Medicare cost-sharing, Plan L limits your financial exposure while keeping premiums lower than Plans G and N.
Plan L is a reasonable fit for beneficiaries who want more protection than Plan K offers but are willing to accept some cost-sharing in exchange for a lower premium than comprehensive plans. As with all Medigap plans, benefits are federally standardized — meaning every Plan L covers identical benefits regardless of carrier. An independent broker can compare premiums across all available carriers in your area at no cost to you.
Compare Plan L Rates From Multiple Carriers
We’ll compare Plan L rates alongside other options so you can choose the right balance of premium vs. coverage.