Plan G

E549828

Plan G is a popular Medicare Supplement (Medigap) insurance plan that helps cover most out-of-pocket costs not paid by Original Medicare, such as deductibles, copayments, and coinsurance.

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Statements (48)

Predicate Object
instanceOf Medicare Supplement plan
health insurance product
availableIn United States NERFINISHED
availableTo most Medicare beneficiaries in states that offer standardized Medigap plans
beneficiaryPays Part B deductible out of pocket
benefitsAre standardized across insurers
benefitStructure fills most gaps in Original Medicare coverage
cannotBeCombinedWith Medicaid as primary coverage
Medicare Advantage plans NERFINISHED
covers 80% of approved foreign travel emergency care up to plan limits
Medicare Part A coinsurance
Medicare Part A deductible
Medicare Part B coinsurance
Medicare Part B excess charges
first three pints of blood
hospital costs up to an additional 365 days after Medicare benefits are used up
skilled nursing facility care coinsurance
designedFor people enrolled in Original Medicare
differsFrom Plan F by not covering the Part B deductible
doesNotCover Medicare Part B deductible
doesNotInclude long-term custodial care coverage
prescription drug coverage under Part D
routine dental coverage
routine vision coverage
enrollmentTiming best guaranteed-issue rights during Medigap Open Enrollment Period
goal reduce financial risk from Medicare cost-sharing
helpsCover coinsurance
copayments
deductibles
out-of-pocket costs not paid by Original Medicare
introducedAs successor option to Plan F for new Medicare enrollees after 2020
marketPosition one of the most comprehensive Medigap plans available to new enrollees
offeredBy private insurance companies
partOf Medicare Supplement Insurance program NERFINISHED
paysAfter Original Medicare NERFINISHED
premiumType monthly premium
premiumVariesBy age
geographic location
insurance company
tobacco use status
regulatedBy Centers for Medicare & Medicaid Services NERFINISHED
requires continued payment of Medicare Part B premium
enrollment in Medicare Part A
enrollment in Medicare Part B
similarTo Medigap Plan F NERFINISHED
standardizedBy federal law
subjectTo state-specific Medigap regulations
targetSegment beneficiaries seeking predictable out-of-pocket costs

Referenced by (1)

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