Medicare Supplement Plan N is one of 10 Medicare Supplement plans that can increase your Medicare coverage. Parts A and B, also known as Original Medicare, won’t pay the full cost of your healthcare – there are copays, coinsurance and deductibles that you are responsible for. Medicare Supplement, or Medigap, insurance pays healthcare costs that Medicare doesn’t cover.
What Medicare Supplement Plan N Covers
Original Medicare pays for a limited number of days in the hospital. This includes 80 percent of the cost of doctor visits and other services covered by Medicare Part B. Plan N picks up the other 20 percent, but you may be required to pay a copay. These copays can range up to $20 for doctor visits and up to $50 for emergency room visits that don’t lead to hospitalization.
- As many as 365 additional days of hospitalization after Medicare Part A benefits have been used up
- Coinsurance for hospice care
- Coinsurance for skilled nursing facility care
- The first three pints of blood for a medical procedure
- The $1340 deductible for Medicare Part A
- Emergency care during foreign travel, up to plan limits
Prescriptions aren’t covered by Original Medicare or Medicare Supplement plans. For prescription insurance, you must buy a Medicare Part D prescription drug plan.
Medicare Supplement Plan N Eligibility
Like all Medigap plans, Plan N is available to anyone who is 65 or older and enrolled in Original Medicare Part B.
If you meet these criteria, you are always eligible for Medigap coverage if you sign up during your six-month “open enrollment period.” This begins on the first day of the first month you are 65 and enrolled in Medicare Part B.
If you apply for Plan N during open enrollment, insurance companies must approve you for a policy. They can’t charge you a higher rate because of health conditions. When you apply after your open enrollment period ends, insurance companies will consider your health. They may turn you away or charge you more.
If You’re Over 65
If you’re over 65, you may still be able to get a Medigap policy. However, it might cost more than if you had signed up during your open enrollment period. There’s an exception to this for people who wait until after age 65 to enroll in Medicare. Due to being still covered by employer-sponsored insurance. If you fall into this category, your six-month open enrollment period will begin on the first day of the month you enroll in Part B.
If You’re Disabled and Under 65
Federal law doesn’t require insurance companies to sell Medigap policies to Medicare recipients who are under 65, but some states do require it. If plans are available, the choices may be limited and the premiums may be higher than they are for people over 65.
Signing Up for Medigap Plan N
Signing up for Plan N is easy, and you can do it online. The harder part is choosing which insurance company to use. MedicareFAQ simplifies this process by getting you quotes from top insurance companies in your locality. We help you understand all your Medicare options.
Medigap plans are standardized. This means that Plan N always provides the same set of benefits, no matter which insurance company you use. However, different insurance companies set their premiums differently. You may pay a higher monthly premium for Plan N coverage at one insurance company than you would at another one. Our free online quotes will help you compare Plan N costs.
Plan N is a good choice for people who want lower monthly premiums and are not worried about Medicare excess charges. In most states, healthcare providers who are not satisfied with the rates Medicare pays can charge up to 15 percent extra as “excess charges.” These charges are not covered by Plan N. If you believe your providers will ask you to pay excess charges, you might consider Plan F or G, which do cover these charges.
Plan N vs Plan F
Plan F offers some benefits that Plan N does not. Not surprisingly, Plan F also tends to be more expensive than Plan N. Here are the differences between Plan N and Plan F:
- Plan F pays the 20 percent of Part B medical expenses that aren’t covered by Original Medicare, without requiring a copay. With Plan N, you may be responsible for a small copay.
- Plan F covers excess charges, but Plan N does not.
- Plan F covers the Medicare Part B deductible of $183, but plan N does not.
Compared to Plan N, Plan F is a good choice if you want the fullest possible coverage. Including coverage for excess charges.
Plan N vs Plan C
Plan C is identical to Plan F except that it does not pay excess charges. It provides more coverage than Plan N because it does not require a copay for Plan B medical expenses. It also pays the annual Medicare Part B deductible. Compared to Plan N, Plan C is a good choice for people that are willing to pay a higher monthly premium to avoid copays and deductibles.
To get started with Plan N, call us, or fill out our form for a free quote. We will search all the highly-rated insurance companies in your area and give you an instant quote. And we are always available to answer all your questions. We want to make sure you get the coverage that is best for you.
Plan N FAQs
Does Medicare Plan N cover foreign travel?
Plan N covers 80 percent of the cost of emergency medical care during the first 60 days of travel outside the United States. Medigap foreign travel coverage has a $250 deductible and a $50,000 lifetime limit. Plan N does not cover routine medical care in other countries.
What is AARP Medicare Supplement Plan N?
AARP Plan N is offered to AARP members through UnitedHealthcare. It has the same benefits as any other company’s Plan N, but the monthly premiums may be different.
Does Humana Medicare Supplement Plan N cover dental?
There is no Medicare Supplement plan that covers routine dental care. Medicare and Medicare supplements will only cover dental procedures that are necessary to treat a medical condition, such as jaw cancer. You can, however, purchase a separate dental policy, as well as policies to cover vision and hearing services.