High Deductible Plan G

High deductible Plan G provides that same coverage as “regular” Plan G, but has a $2,340 deductible to hit before the plan begins paying all of your coinsurance related to Medicare-covered healthcare services.

How High Deductible Medicare Supplement Plan G works

First, Medicare will always pay its 80% of your covered healthcare services. 

Then, you’ll pay your coinsurance until you have reached your $2,340 deductible for the supplement plan. 

After that, your supplement will offer coverage identical to the “regular” Plan G and cover 100% of: 

  • Medicare Part A coinsurance payments for inpatient hospital care for up to an additional 365 days after Medicare benefits are exhausted
  • Medicare Part B copayment or coinsurance expenses
  • The first three pints of blood used in a medical procedure
  • Part A hospice care coinsurance expense or copayment
  • Skilled Nursing Facility coinsurance
  • Medicare Part A’s deductible
  • Medicare Part B’s excess charges

It will also cover 80% of a foreign travel emergency.

The most comprehensive Medicare Supplement for new Medicare beneficiaries

For those who want Plan F but are not eligible because you turned 65 in 2020 or later, Plan G is the answer. The only thing you don’t get with Plan G that you would with Plan F is coverage for Medicare Part B’s deductible. 

And this high-deductible version may help you save enough on premium to make it the more affordable option in the long run.

When to enroll

You can enroll once you have Medicare Part B. You will then have six months to enroll in a Medicare Supplement plan with no health questions. This is a one-time open enrollment in which you cannot be turned down for any health conditions, you cannot be asked any medical questions, and you cannot be charged an additional premium for health reasons.