Medicare Part B excess charge protection is provided by Medicare Supplement Plans F and G. These plans cover the difference between the Medicare-approved amount and what a doctor charges (up to 15% above the Medicare-approved amount). Plans without excess charge protection (like Plan N) leave you responsible for excess charges.
Key Points
- Excess charge protection: covers up to 15% above Medicare-approved amount
- Plans with excess charge protection: Plan F and Plan G
- Plans without excess charge protection: Plan N and others
- Most doctors accept Medicare assignment — excess charges are relatively rare
- An independent agent can help you evaluate whether excess charge protection is worth the premium