Which Medigap Plan is Best for Me?

Medigap Plans are divided into lettered standardized plans A-N. The standardized sections of coverage apply to all the states except for Massachusetts, Minnesota and Wisconsin.

The first part of choosing the right plan starts with choosing the right letter for your needs. Plans E, H, I and J are no longer being sold.

Things Covered Across All Plans

All of the plans cover Medicare Part A coinsurance and hospital costs for an additional year past the limits for Medicare Part A.

All of the plans also cover Part A hospice care coinsurance and co-pays. Plan K covers only 50% of your costs and Plan L covers 75% of your costs.

All of the plans cover the first 3 pints of blood. This cost in almost always covered by Original Medicare with the exception of handling and services costs that can be charged to Plan B. Again Plan K covers only 50% of your costs and Plan L covers only 75% of your costs.

Where the Plans Differ

Medicare Part A deductible, currently $1,132, is covered by Plan B, C, D, F, G, and N. Plan K and M cover only 50% of your costs. Plan L covers 75% of your costs.

Skilled Nursing facility care coinsurance is covered by plan C, D, F, G, M, N. Again, Plan K covers only 50% of your costs and Plan L covers 75% of your costs.

All of the plans cover Part B coinsurance and co-payments. Again, Plan K covers only 50% of your costs and Plan L covers 75% of your costs. Plan N pays 100% of Part B coinsurance minus a $20 dollar co-pay for doctor's visits and a $50 co-pay for hospital visits.

Part B deductible, currently $162, is paid by Plans C and F.

Part B excess charges are paid by plans F and G.

Foreign travel care urgent care (to plan limits) is available with plan C, D, F, G, M and N.

Plan K and L have out of pocket limits of $4640 and $2320 per year.

A high deductible Plan F is available with a $2000.00 dollar deductible for 2011.

Auntie Lou says, "My fortune cookie said 'choose wisely'."