Medicare Supplement Plan N
Medicare Supplement Plan N has been popular since it was first introduced in 2010. Also called Medigap Plan N, this option was created for consumers who like the idea of paying a lower premium in exchange for taking on a small annual deductible and some copays.
All Medicare supplement Plan N policies are the same, no matter which insurance company you choose. You can find Plan N available in many states from various well-know insurance companies.
In 2015, AHIP reported that Plan N enrollment grew by 33% between 2013 – 2014.
(You will find that sometimes people refer to Plan N as Part N, but the proper term is Plan N. Medicare itself has Parts, but when you are referring to supplemental insurance, use the word Plans.)
Medicare Part A coinsurance and coverage for hospital benefits | $20 copay for office visits; $50 copay for ER |
---|---|
Medicare Part B coinsurance or copayment | ✔ |
Blood (first three pints) | ✔ |
Hospice Care coinsurance or copayment | ✔ |
Skilled Nursing Facility Care coinsurance | ✔ |
Medicare Part A deductible | ✔ |
Medicare Part B deductible | ❌ |
Medicare Part B excess charges | ❌ |
Foreign Travel Emergency (up to plan limits) | ✔ |