Medicare Supplement plan F or G, Which is better for you?

If you are going to buy the Medicare Supplement plan and the need the value for money choice, you will surely look for the most comprehensive plan like Plan F. Have looked into another Supplement plan, Plan G?

Maybe this plan is not as popular as Plan F but it surely deserves a look. There are 10 standardized plans referred to as Medicare supplement policies. The more supplement plan pays towards your expenses for the covered services, higher the premiums. It is really tough to find a balance between the premiums and what you are ready to pay for the services.

You need to consider your budget first and then your health and your general attitude toward insurance.

Differences between the two plans: Find out more at

Plan F pays 100% of your share for the services covered by Medicare. This includes:

  • Part A deductible
  • Part A coinsurance
  • Part B coinsurance/copayment
  • Part A hospice coinsurance/copayment
  • Part B deductible
  • Part B excess charges
  • Skilled nursing facility care coinsurance
  • Preventative Part B coinsurance
  • Foreign travel emergency
  • First 3 pints of blood

Now come to the Medicare supplement Plan G. It can is cover almost everything except the Medicare Part B deductible. There is really not that much of difference between these two plans.

Mathematics and probability of two plans

  • Comparing Medicare supplement plan G and Plan F provided by different insurance companies is easy as all the plans are standardized. The benefits of Plan F benefits will be the same no matter what company you are dealing with.
  • Once you have found the best and lowest premiums for these two plans you need to do the math. It’s
  • The difference between the annual premiums of the two plans is the key. If the annual premium for Plan F is more than Plan G, you should go for Plan G. If it’s less, go for Plan F.
  • You may find that in some point something is mute because insurance companies are not going to earn the smaller margin on one plan or the other as they have some solid actuarial data that indicates the variation in the claims experience between the two plans.
  • Choosing between Medicare supplement Plan F and G may depend on your general philosophy about the insurance. If you want to purchase and don’t need to worry about further works; get the Plan F. If you need to bet on the not using covered outpatient services, go for Plan G.