Medicare Plan G vs. Plan N: The Real Difference

When you choose Traditional Medicare, you're taking the path that gives you the most freedom and control over your healthcare. But Traditional Medicare (Parts A and B) doesn't cover everything. That's where a Medicare Supplement (Medigap) plan comes in. It fills the gaps by law.

Two of the most popular options for filling those gaps are Plan G and Plan N. Both are excellent choices, but they handle your out-of-pocket costs differently. Medsup vs MA is a rigged comparison; the real choice is Traditional Medicare (A+B) vs Medicare Advantage. The supplement decision comes AFTER you choose Traditional Medicare - it's a component of the Traditional path, not an alternative to Advantage.

Benefits are standardized by federal law. That means a Plan G from one carrier has the exact same medical benefits as a Plan G from another carrier. The same goes for Plan N. The paper promises are identical; the only difference is the price you pay and the company backing it up.

How Plan G Works

Plan G is the most comprehensive Medigap plan available to new Medicare enrollees. Once you pay your annual Medicare Part B deductible, Plan G covers 100% of your remaining Medicare-approved costs. There are no copays for doctor visits, no copays for hospital stays, and no surprise bills for covered services. It's designed for people who want maximum predictability.

How Plan N Works

Plan N offers a slightly different approach. It covers your hospital costs just like Plan G, but it requires you to take on a little more of the day-to-day cost-sharing in exchange for a lower monthly premium. With Plan N, after you meet your Part B deductible, you may have a copay of up to $20 for some office visits and up to $50 for emergency room visits that don't result in an inpatient admission.

Plan N also does not cover Medicare Part B excess charges. An excess charge can happen if a doctor does not accept Medicare "assignment" (the Medicare-approved amount as full payment). However, the vast majority of doctors do accept assignment, making this a rare issue for most people.

Comparing the Costs

The choice between Plan G and Plan N usually comes down to math and your comfort level with copays. Plan G has a higher monthly premium but zero copays after the deductible. Plan N has a lower monthly premium, but you'll pay those small copays when you see the doctor.

If you rarely go to the doctor, the premium savings of Plan N might outweigh the occasional $20 copay. If you see specialists frequently, the predictability of Plan G might be worth the higher premium. We can walk you through every option and run the numbers for your specific situation.

You've worked hard for your money, and your dollars are votes. Don't leave your healthcare costs to chance. We're on your side of the table, ready to help you compare the numbers and find the right fit. Compare free, no obligation.