Medigap Plan N, or Medicare supplemental insurance Plan N, is often considered a cheaper alternative to the very popular Medigap Pan F. Plan N is one of the newer Medigap plans available, being introduced in June 2010 along with Medigap Plan M. Both plans were introduced to provide a low cost alternative to the expensive, but all inclusive, Medigap Plan F. Plan F charges an extremely high monthly premium, but covers 100% of all the costs incurred that are not covered by Medicare. Plan N is slightly different, as it covers almost all of the costs incurred that are not covered by Medicare, but requires a much lower monthly premium than Plan F.
Plan N Coverage Details
Medigap Plan N offers an extensive range of coverage benefits. Plan N provides coverage of:
Although the coverage offered by Medigap Plan N is extensive, it is not exhaustive. Some of the costs it will not cover include:
Enrollment
If you have basic Medicare health coverage and do not have a Medicare Advantage plan, you may be interested in increasing your health benefits with a Medigap Plan. Plan N is a great, low cost option that covers a wide range of needs and provides for low cost health benefits to the policy holder.
Each Medigap provider will charge a different monthly premium for a Medigap Plan N policy, but the coverage will be the same. If you are interested in a Plan N policy, it is best to shop around with different providers in your area and see which one can provide you with the best deal. Fill out the zip code box to compare plans that are available in your area.