What Medicare Supplemental Insurance Do I Need?

Are you approaching retirement age and feeling confused about Medicare supplemental insurance? With so many options available, it can be challenging to understand what type of coverage is necessary for your specific needs.

In this post, we’ll break down the basics of Medicare supplemental insurance and help you determine which plan will provide the right coverage for your health and financial goals. So let’s dive in and discover what plan is best suited for you!

Original Medicare vs. Medicare Supplement Insurance

Original Medicare is the government-run health insurance program for seniors and people with disabilities. It includes Part A (hospital insurance) and Part B (medical insurance). Medicare Supplement Insurance, also called Medigap, is private health insurance that helps pay some of the costs that Original Medicare doesn’t cover.

There are 10 different kinds of Medigap plans, each with a different set of benefits. The most popular Medigap plan, Plan F, covers all of the “gaps” in Original Medicare.

Here’s a quick overview of what Original Medicare and Medigap cover:

Original Medicare (Parts A and B)
Hospital stays
Doctor visits
Preventive care
Some prescription drugs

Medigap (Plan F)




What Does Medicare Supplement Insurance Cover?

Original Medicare (Parts A and B) covers many, but not all, of your health care costs. That’s where Medicare Supplement Insurance comes in.

Medicare Supplement Insurance plans are sold by private companies and can help pay some of the health care costs that Original Medicare doesn’t cover.

For example, you might need to get a Medicare Supplement Insurance plan to help pay for:

-Travel outside of the U.S. (Plans E, H, I, and J)

The Different Types of Medicare Supplement Plans

There are 10 standardized Medicare Supplement plans, each identified by a letter. Plans E, H, I and J are no longer sold, but people who have them can keep them. The remaining six plans, A through G, all cover basic benefits like coinsurance and copayments. But after that, they start to differ.

Plan F is the most comprehensive option. It covers everything that Medicare doesn’t – including the Part B deductible and overseas emergency care. Plan G is similar, but it doesn’t cover the Part B deductible. Plan N pays 100% of coinsurance costs for office visits and Part B excess charges, but imposes copayments of up to $20 for office visits and $50 for emergency room visits.

Plans K and L share some similarities with Plan N, in that they also have out-of-pocket maximums and impose some cost-sharing on office visits and emergency room care. But their cost-sharing amounts are higher than those under Plan N. And unlike Plans K and L, Plan N does not offer coverage for foreign travel emergencies.

How to Choose the Right Medicare Supplement Plan for You

Choosing the right Medicare Supplement plan for you can be a daunting task. There are so many different options out there, and it can be hard to know which one is best for your needs. Here are a few tips to help you choose the right plan for you:

1. Know what coverage you need. Before you start shopping around for a Medicare Supplement plan, it’s important to sit down and figure out exactly what coverage you need. What kind of medical expenses do you anticipate having in retirement? Do you want coverage for things like dental and vision care? Make a list of your must-haves before you start shopping around.

2. Consider your budget. Another important factor to consider when choosing a Medicare Supplement plan is your budget. How much can you afford to spend on premiums each month? Be sure to compare plans with similar levels of coverage to get an accurate idea of cost.

3. Choose a reputable company. When it comes to choosing a Medicare Supplement plan, it’s important to select a reputable company with a good track record. Be sure to research any companies you’re considering before enrolling in a plan.

How to Enroll in a Medicare Supplement Plan

There are a few things you need to do in order to enroll in a Medicare Supplement plan. First, you need to be enrolled in both Medicare Part A and Part B. If you aren’t enrolled in Part B, you can’t enroll in a Supplement plan.

Next, find a Supplement plan that fits your needs and budget. There are 10 different plans to choose from, each with different coverage levels. Make sure to compare various plans before enrolling in one.

Once you’ve found the perfect plan, contact the insurance company of your choice and enroll! You may be able to do this online, over the phone, or through a paper application.

It’s important to note that you can only enroll in a Supplement plan during certain times throughout the year. The best time to enroll is during your six-month Medigap Open Enrollment Period, which begins the first day of the month that you’re both 65 years old AND enrolled in Medicare Part B. During this time, insurance companies cannot refuse to sell you a policy because of pre-existing health conditions.


Medicare Supplemental Insurance policies can be a valuable addition to the coverage you receive from traditional Medicare. After looking at the different types of supplemental insurance and considering your current health needs, you can now make an informed decision on which policy will best suit your needs.

Remember, it is always important to shop around and compare rates before making any final decisions on a supplemental insurance policy. With the right care and research, you should have no problem finding a plan that fits your budget and meets all of your healthcare needs.