What is the Difference Between Plan F and Plan G?

The difference between a Plan F and a Plan G is that the Plan G offers just about the same coverage as Medicare Plan F except the Plan G does not cover the Part B deductible. It is basically Plan F with one item removed.  

What does Plan G cover?

Medicare pays their portion then Medicare Supplement Plan G steps in and pays the rest after the annual deductible. As mentioned earlier a Plan G is similar in benefits to that of a Plan F except for covering the Part B deductible. See below Med Sup Plan G coverage:

• Medicare Part A deductible
• Part A coinsurance and hospital cost up to an additional 365 days after your standard Medicare benefits end.
• Part A hospice care coinsurance or copayment.
• Part B coinsurance or copayment
• Part B excess charges
• Skilled nursing facility care coinsurance

Which is better Plan G or a Plan F?

Plan F does cover the Part B deductible which Plan G does not, but the Plan G many times is the better deal as the premiums savings are more than the out-of-pocket for the Part B deductible.  At the end of the day the Medicare Supplement Plan G can be less costly in the long run for the client which is the bottom line.

Contact me or any of the sales Directors here at Pinnacle Financial services to go over the available options for your clients, we will run quotes with you and find the best option for your clients!