Medicare Supplement Plan F

What does Medicare Part F cover?

Medicare Supplement Plan F provides you with the most comprehensive coverage available on the market. The plan includes all the benefits of the Medicare Supplement Plans A, B, and C. Additionally, Plan F provides coverage for skilled nursing facility care, Medicare Part A and B deductibles, and international travel medical emergencies.

With this plan, you may not have out-of-pocket costs for hospital and doctor’s office care since the plan covers costs in excess of Medicare-approved amounts.


What Is Medigap Plan F? What You Need to Know

Medigap Plan F is one of the most comprehensive Medigap plans, however, it is not available to new enrollees. The Medigap Plan G could be an alternative to Medigap Plan F.

Private companies offer Medicare Supplement Insurance Plans F which are often referred to as Medicare Supplement Plans. A Medicare Supplement plan covers the “gaps” in Original Medicare coverage, such as copayments, coinsurances, and deductibles.

It’s no longer possible for new enrollees in Medicare to purchase the most comprehensive Medigap plan available, and most are no longer eligible. It is possible to purchase alternatives with comparable coverage if you do not qualify to purchase Plan F.


How it works

Health care services and expenses covered by Medicare are paid as a share of the approved amount. Once Medicare pays its share, Medigap pays its share. (Medigap benefits will require a separate monthly premium.) Medigap plans are only available for Original Medicare members, but not for Medicare Advantage members.

Here’s the catch for most new Medicare beneficiaries: Once you become eligible for Medicare after Jan. 1, 2020, you can’t purchase a Medigap Plan F policy. The Part B deductible of Medicare is one of the key features of Plan F. After that date, new policies will not be able to pay it.

Plan F will remain valid for those who were covered before Jan. 1, 2020. You may be able to buy a Plan F policy if you were eligible for Medicare before that date and haven’t yet enrolled.

What Medigap Plan F covers

First-dollar coverage is provided by Plan F. Plan F covers the remainder after Medicare pays its share. You will have no out-of-pocket expenses.

Plan F of Medicare Supplement Insurance covers:

Deductibles for Parts A and B

Copayments or coinsurance for Part A and Part B Excess charges for Part B Skilled nursing facility Foreign travel emergency

What Medigap Plan F doesn’t cover

Among the Medigap plans, Plan F offers the most comprehensive coverage. It isn’t possible to get a Medigap plan that covers more than Plan F, but you should keep in mind that these plans do not cover everything.

New Medicare members don’t get coverage for the following under Medigap Plan F or any other Medigap plan:

Long-term care Dental care Vision care

Which Is Better: Plan F or Plan G?

Medigap Plan F is the most comprehensive Medicare supplement plan available. It covers all gaps in Medicare and offers comprehensive coverage. The second-most comprehensive plan is Plan G, which is identical to Plan F, but does not include the Medicare Part B deductible. The two most popular policies on the market are Plan F and Plan G due to their comprehensive coverage.

In addition, if you are new to Medicare, Plan F is no longer available because it has been phased out by the government. Plan F is still available for life if you were enrolled in Medicare and Plan F before January 1st, 2020. Nevertheless, Plan F does not accept new enrollees.

Why is Medicare Plan F Being Discontinued?

Newer beneficiaries are no longer eligible for Plan C or Plan F. Medicare has discontinued all first-dollar coverage plans.

Among these plans are Standard Plan F, High Deductible Plan F, and Innovative Plan F. Existing plan members will be grandfathered in to these plans.