Plan N (value plan)

The Plan N is likened to the Plan F, but while Plan N offers a more affordable premium, it also has more out-of-pocket expenses.

Under the Plan N, the insured has up to a $20 co-pay for each doctor/office visit and, unless admitted, a $50 co-pay for each emergency room visit (the fee is waived if the insured is admitted).

The insured would also be responsible for the Medicare Part B deductible of $183 each calendar year. The last major difference is referred to as Medicare Part B excess charges. This refers to an instance where a doctor seeks more compensation for a procedure than Medicare feels is necessary and is willing to pay (Medicare assignment). With a Plan N, the insured could be held responsible for up to 15% of these charges. However, s/he could avoid the charges by seeing a doctor whom accepts “assignment” (the Medicare-approved amount).

Like the Plan F and all Medicare Supplement plans, the Plan N has the exact same benefits among every insurance company who offers it; the only difference is the premium each company charges for this plan.

Request a quote to find out which plan is right for your budget.