Call a licensed sales agent to see if you can save! 1-888-250-3820 | TTY: 1-877-486-2048 
Hours: M-F 8am-7pm CT; Sat 9am-4pm CT; Sun 10am-2pm

Medicare Supplement Insurance Plan F

No obligation to enroll

Is a Medicare Supplement Insurance Plan F the Right Option for Me?

Medicare Supplement Insurance plans, also called Medigap, work alongside Medicare Part A and B (Original Medicare). Medicare Supplement Plan F (also known as Medigap Plan F) offers the highest level of coverage among the ten standardized Medicare Supplement insurance plans available in most states, making it one of the most popular options for those looking to fill in the coverage gaps in Original Medicare. In fact, it fills ALL the gaps. (Massachusetts, Minnesota, and Wisconsin have their own standardized Medigap plans).

Plan Highlights:

If you choose Medicare Supplement Plan F, you can expect to have zero out-of-pocket expenses when utilizing Medicare Parts A and B! You will have to pay your Medicare Part B premium payments each month and you may owe a premium for Part A if you haven’t worked enough quarters to qualify for premium-free Medicare Part A.

What Does Medicare Supplement Plan F Cover?

What Does Medicare Supplement Plan F Cover?

Important Plan F Changes Coming in 2020: Starting on January 1, 2020, Medicare Supplement Plan F as well as its high deductible alternative will no longer be available to Medicare beneficiaries eligible in 2020 or later due to new federal laws. Anyone enrolled in a Medigap Plan F as of December 31, 2019, will be grandfathered and will be able to continue to use their plan as long as you pay your premiums on time.

For new beneficiaries who won’t be eligible to choose Plan F,consider Plan G. While it does not cover your Medicare Part B deductible, that deductible is only $185 in 2019 and the other benefits (protection from the 20% Medicare coverage gap plus elimination of copays and coinsurance) are the same.

Covered

Hospital Expenses: 100% Part A Hospital Coverage – all coinsurance and deductible expenses.

Medical Expenses: Pays 100% of Original Medicare Part B coinsurance (20% of Medicare-approved expenses).

Transfusions: Pays for the first three pints of blood you receive in a medical procedure.

Hospice Care: Pays Original Medicare Part A coinsurance or copayment.

Skilled Nursing: Pays facility care coinsurance.

Part B Deductible: Pays 100% of the Original Medicare Part B deductible for hospital outpatient services and other services and items ($185 in 2019).

Foreign Travel Medical Emergencies: Covers travel-abroad medical emergencies (80% of approved costs up to plan limits).

Excess Charges: Pays Original Medicare Part B excess charges.
(Doctors are allowed to charge up to 15% more than what Medicare pays – and they can pass that along to the patient. With Plan F, you don’t have to worry about that!)

Preventive Care: Pays Original Medicare preventive care.

Not Covered

 Medigap Plan F does not cover prescription drugs. However, you can buy an additional Part D plan to cover prescription drug costs. Another option is a Medicare Advantage plan, which typically covers prescription drugs and may also include other benefits, such as dental, gym memberships, vision and hearing coverage.

Covered

Hospital Expenses: 100% Part A Hospital Coverage – all coinsurance and deductible expenses.

Medical Expenses: Pays 100% of Original Medicare Part B coinsurance (20% of Medicare-approved expenses).

Transfusions: Pays for the first three pints of blood you receive in a medical procedure.

Hospice Care: Pays Original Medicare Part A coinsurance or copayment.

Skilled Nursing: Pays facility care coinsurance.

Part B Deductible: Pays 100% of the Original Medicare Part B deductible for hospital outpatient services and other services and items ($185 in 2019).

Foreign Travel Medical Emergencies: Covers travel-abroad medical emergencies (80% of approved costs up to plan limits).

Excess Charges: Pays Original Medicare Part B excess charges.
(Doctors are allowed to charge up to 15% more than what Medicare pays – and they can pass that along to the patient. With Plan F, you don’t have to worry about that!)

Preventive Care: Pays Original Medicare preventive care.

Another Alternative: High-Deductible Medicare Supplement Plan F

Want to pay a lower premium? Consider opting for the “high deductible” version of Medicare Supplement Plan F. You’ll be responsible for paying all fees up to a certain annual deductible. Once the deductible is met, your Supplement Plan F would cover the remainder of your Original Medicare-approved healthcare costs for the year. Your SelectQuote personal advisor can tell you more.

Not Covered

While your Medigap Plan F will help pay for things like copayments, coinsurance and deductibles not covered by Medicare Parts A and B, it is important to note that it does not cover prescription drugs. However, you can buy an additional Part D plan to cover prescription drug costs. Another option is a Medicare Advantage plan, which typically covers prescription drugs and may also include other benefits, such as dental, gym memberships, vision and hearing coverage.

Another Alternative: High-Deductible Medicare Supplement Plan F

Want to pay a lower premium? Consider opting for the “high deductible” version of Medicare Supplement Plan F. You’ll be responsible for paying all fees up to a certain annual deductible. Once the deductible is met, your Supplement Plan F would cover the remainder of your Original Medicare-approved healthcare costs for the year. Your SelectQuote personal advisor can tell you more.

dollar-bills-icon

What Does Medicare Supplement Insurance Plan F Cost?

dollar-bills-icon

What Does Medicare Supplement Insurance Plan F Cost?

Monthly premiums are set by the private insurance companies who offer Medicare Supplement Insurance plans and are based on age, health status, gender and various other factors. Depending on these factors including location, insurance companies may charge different premiums for the same Medicare Supplement Plan F. That’s why it is in your best interest to shop around to ensure you are paying the lowest amount possible for your Medigap coverage. Companies may not cancel your coverage unless you don’t pay the plan premium, you weren’t truthful on the application, or the Medigap insurance company becomes bankrupt or insolvent.

Two Easy Ways to Get Expert Advice and Make a Smart Choice

Request a free no obligation quote online, and a licensed agent will contact you within minutes to confirm your best rates.

Want to review rates now? Call us at 1-888-250-3820

Save yourself time and the hassle of navigating the Medicare maze. In just minutes, we’ll compare all the options available for you. Don’t wait to ensure you’re getting all the benefits available in your area. Get started today.

Two Easy Ways to Get Expert Advice and Make a Smart Choice

Request a free no obligation quote online, and a licensed agent will contact you within minutes to confirm your best rates.

Want to review rates now? Call us at 1-888-250-3820

Save yourself time and the hassle of navigating the Medicare maze. In just minutes, we’ll compare all the options available for you. Don’t wait to ensure you’re getting all the benefits available in your area. Get started today.

Meet a Medicare Supplement Plan F User

At age 73, Moses is still working and earning a substantial paycheck. He’s decided to forego his company’s health insurance coverage and use the Original Medicare he’s entitled to at his age.

Moses can afford a more robust Medicare Supplement Insurance Plan and is able to pay higher premiums to enjoy comprehensive coverage should he need unexpected medical treatment or skilled nursing care. Additionally, to help ensure good health as he ages, Moses believes in practicing preventive care and it’s important to him that he is well-covered for this type of care.

As a frequent traveler, Moses also wanted to ensure he had maximum coverage should he have a medical emergency while out of the country.

For these reasons, Moses chose Medicare Supplement Plan F.

Need help navigating the Medicare Supplement Insurance Plan alphabet? To ensure you’re getting all the benefits you deserve, complete the online form to request a callback or call now and speak to a SelectQuote Medicare Plan Expert.

Meet a Medicare Supplement Plan F User

At age 73, Moses is still working and earning a substantial paycheck. He’s decided to forego his company’s health insurance coverage and use the Original Medicare he’s entitled to at his age.

Moses can afford a more robust Medicare Supplement Insurance Plan and is able to pay higher premiums to enjoy comprehensive coverage should he need unexpected medical treatment or skilled nursing care. Additionally, to help ensure good health as he ages, Moses believes in practicing preventive care and it’s important to him that he is well-covered for this type of care.

As a frequent traveler, Moses also wanted to ensure he had maximum coverage should he have a medical emergency while out of the country.

For these reasons, Moses chose Medicare Supplement Plan F.

Need help navigating the Medicare Supplement Insurance Plan alphabet? To ensure you’re getting all the benefits you deserve, complete the online form to request a callback or call now and speak to a SelectQuote Medicare Plan Expert.