If you are new to Medicare or want to switch plans, you have probably heard of Medicare Supplement Plan G. Medicare Supplement (Medigap) Plan G is arguably the most popular plan available to beneficiaries today.

Further, Medigap Plan G is one of the most comprehensive Medicare coverage options available nationwide from top carriers. If you are looking for fantastic supplemental coverage at a price that won’t break the bank, this plan may be right for you. 

What is Medicare Supplement Plan G?

Like all Medicare Supplement plans, Medigap Plan G is standardized. So, no matter which carrier you enroll with, your plan benefits will be the same. With this plan, you can visit any doctor or hospital nationwide that accepts Original Medicare. There are no network restrictions and no referrals needed for specialists.

Second only to Medicare Supplement Plan F, Plan G is one of the most comprehensive Medicare Supplement plans in terms of coverage. You will find minimal out-of-pocket costs when you enroll in Medigap Plan G.

Those who are not eligible for Medicare Supplement Plan F often choose Plan G as their first option when enrolling in a plan.

What Does Medicare Supplement Plan G Cover?

Medicare Supplement Plan G pays secondary to Original Medicare. Meaning, the plan pays many of the costs you would otherwise be responsible for after Medicare Part A and Part B pay.

Medicare Supplement Plan G Covers:

  • Medicare Part A deductible
  • Medicare Part A copayments and coinsurance
  • Medicare Part B excess charges
  • Emergency foreign travel coverage


Medicare Supplement Plan G does not cover:

  • Medicare Part B deductible
 

As you can see, the Medicare Part B deductible is the only cost Medigap Plan G does not cover. Once you meet this deductible, your coverage will pay 100% of the remaining expenses Original Medicare leaves behind.

How Much Does Medigap Plan G Cost?

Monthly premium costs for Medicare Supplement Plan G differ depending on several factors. These can include age, health, smoking status, location, and more. However, the average monthly premium for Medigap Plan G among all beneficiaries is close to $150.

Aside from the monthly premium, the only other out-of-pocket cost on this plan is the Medicare Part B deductible. After you meet the Medicare Part B deductible you will not need to pay any additional out-of-pocket costs for your health care for the year.

This plan is fantastic for someone who frequently visits the doctor’s office or hospital. With medical costs on the rise, meeting your annual deductible after one doctor’s visit is not uncommon.

So, once you meet your Medicare Part B deductible, you can receive treatment, surgeries, and more with no out-of-pocket costs. Additionally, there is no maximum benefit the plan will pay.

How to Enroll in Medicare Supplement Plan G

If you are looking to enroll in Medigap Plan G, you should be aware of a few different enrollment periods. Your first and best opportunity to enroll in Medigap Plan G is the Medicare Supplement Open Enrollment Period. This six-month enrollment period is specific to each beneficiary and begins on their Medicare Part B enrollment date.

If you miss your Medicare Supplement Open Enrollment Period, you still have a chance to sign up for a Medigap plan. Since Medicare Supplement plans have no enrollment timeframes, you can apply for coverage at any time. The only caveat is that you must pass medical underwriting.

Lastly, suppose you are eligible for a guaranteed issue right due to a change of address or another qualifying life event. In that case, you will be able to enroll in Medicare Supplement Plan G with no health questions.

As you can see, it is vital to enroll in the right Medicare Supplement plan the first time. If you believe Medigap Plan G is the best option for you, it is essential to choose the best carrier and ensure the benefits match your needs.

Jagger Esch

Medicare Expert

Jagger Esch is the Medicare expert for MedicareFAQ and the founder, president, and CEO of Elite Insurance Partners and MedicareFAQ.com. Since the inception of his first company in 2012, he has been dedicated to helping those eligible for Medicare by providing them with resources to educate themselves on all their Medicare options. He is featured in many publications as well as writes regularly for other expert columns regarding Medicare.