Medicare Plan G refers to one Medicare Supplement insurance (Medigap) plan. This plan covers many out-of-pockets expenses not covered by Original Medicare.
Covered Services and Supplies
Plan G covers any service or supply that Original Medicare covers. Original Medicare pays first. Plan G pays the remainder of expenses after the Part B deductible has been paid. This includes:
- inpatient hospital
- blood transfusions
- skilled nursing
- hospice care
- doctor visits
- lab work
- diabetes supplies
- durable medical equipment
Out-of-Pocket Expenses Paid by Plan G
A Medicare recipient is responsible for paying the Medicare Part B deductible before Plan G pays for any expenses. (In 2018 the Part B deductible was $183.) At this point, Plan G covers virtually everything that Original Medicare does not. This includes the Part A deductible, copays, and coinsurance. Without some Medigap plans including Plan G, individuals are responsible for paying 20% of outpatient costs after the deductible has been paid. With Plan G, Original Medicare pays 80% of these costs and Medigap covers the other 20%.
- Medigap Plan G covers up to $50,000 in foreign travel medical emergencies.
- Plan G premiums are relatively low.
- Plan G has relatively low rate increases.
Out-Pocket Expenses not Paid by Plan G
- Medicare Part B deductible
- Co-pay for Medicare Prescription Drugs Part D