Review

Plan N has great Value

Plan N is one of the more newer plans. It was released in the summer of 2010. Its purpose was to offer a lower cost option to Plan G and F and incorporate co-pays that typically are very low.

The main bullet points on Plan N are:

  • You are responsible for the annual deductible ($185 in 2019)

  • You may pay up to $20 for any doctor visit (usually less than $20)

  • You may pay up to $50 for an E.R. visit (waived if you are admitted)

  • You are responsible for any excess charges. This charge can be up to 15% if a doctor accepts Medicare but does not accept assignment to Medicare (this is rare)

Most clients tell us that after their small deductible, they never see a bill of more than $15. It’s a great plan to save on premiums because they are much less than Plan F and cheaper than Plan G as well. Clients usually save up to $50 per month over Plan F.

If you are leaving a group or employer plan, Plan N is a close comparison to what you were used to.

So to give an example of what your cost would be, it would look like this:

You pay Medicare’s Annual deductible = $185 and then…

Doctors visits = Less than $20

Specialist visits = Less than $20

Emergency room visit = $50

Inpatient/Outpatient hospital = $0

Surgery = $0

Cancer = $0

You get the idea.

Plan N also covers you for foreign travel. Medicare A & B do not cover you while you are traveling abroad, but Standard Medigap Plans C, D, F, G, M, and N provide foreign travel emergency health care coverage when you travel outside the U.S.

  • Covers foreign travel emergency care if it begins during the first 60 days of your trip and if Medicare doesn’t otherwise cover the care.

  • Pays 80% of the billed charges for certain medically necessary emergency care outside the U.S. after you meet a $250 deductible for the year.

  • Foreign travel emergency coverage with Medigap policies has a lifetime limit of $50,000.

Here are the Plan N details

Plan N details

Fill out the form on our home page and we will be happy to give you a free quick quote, usually within the hour. No pressure to sign up or the hassle of non-stop calls, just an easy no-obligation quote. Or call us at 321-287-7331

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