Many people are found quite interested in Medicare supplement plans if we follow data published by different insurance company in past years. Thus, this article enlists the best Medicare supplement plans in 2019 based on comparison of various aspect and factors. Before listing the best Medicare supplement plans in 2019 one must know what Medicare supplement plans are and what its different types are.
Medicare supplement plans unlike from Medicare plans sponsored by Federal government are provided by private insurance company and have policy to cover extra health care cost out of scope of Part A and Part B Medicare plans. The main Medicare supplement plans are plan A, B, C, D, F, G, K, L, M, and N. Out of these ten supplement plans each plan have their own pros and cons alongside the coverage. Which are the best Medicare supplement plans in 2019? Click HERE to find out!
Medicare supplement plan N
Medicare supplement plan N is at the top of the list due to its low premium cost along with high benefits provided under plan N. This plan covers skilled nursing facility visit cost and foreign travel emergency health care cost. Plan N is said to have low premium cost due to its low cost coverage under each headings i.e. plan N pays very low amount for emergency room visit and so on. Then, why are plan N so popular? It is because though plan N provides only few percentage of cost but have huge coverage under different headings.
Medicare supplement plan G
Medicare supplement plan G also cover same heading as plan N except that it requires no copayment for emergency room visit. Unlike plan N, plan G also covers extra expenses of Medicare part B which is one among two plans with such coverage.
Medicare supplement plan F
Medicare supplement plan F covers all the heading covered by plan G. Moreover, plan F also covers extra expenses of Medicare part B, which is another plan with this coverage among two plans as mentioned above. Meanwhile, plan F also has coverage of Medicare part A deductibles. Though the premium cost of plan F is higher compared to other, if the premium falls under your affordable range then one can give better financial security.
Medicare supplement plan F (High deductibles)
Medicare supplement plan F (high deductible) is hoped to be the most popular plan for 2019 due to its low premium cost and high deductibles. Thus, huge cost coverage can be made.