Close close icon

Medicare Supplement Plan M

Medicare Supplement Plan M helps cover thousands of seniors across the United States. Plan M is a low premium policy, great for those prepared to cover out-of-pocket expenses associated with healthcare.

Medicare Supplement Plan M Benefits

With Plan M, you’ll be responsible to cover 50% of your Part A deductible. Plan M may not be first dollar coverage, however, plenty of seniors discover this is the perfect premium amount and the coverage works fine for them.

What does Medigap Plan M Cover?

Looking at Plan M, you’ll notice it does offer comprehensive coverage. While there are some gaps, overall the policy offers more peace of mind than Medicare. Plan M offers coverage for Part A hospital coinsurance and the costs of a hospital stay for an extra 365 days after Original Medicare coverage is exhausted.

This coverage alone could save you if you find yourself staying in the hospital for an extended period. What could have been a giant expense and headache, has coverage when you have Medicare Plan M.

This policy will also protect you from nickel and diming yourself through doctor visits. By covering the Part B coinsurance and copayment, you’ll be relieved from that added expense.

The only expenses you should prepare for include the Part B deductible and any Part B excess charges. If you see doctors that accept Medicare assignment, you can avoid the Part B excess charges.

Medicare Supplement Plan M Comparison Chart 2021

Medicare Supplement Plan M Comparison Chart 2021

Plan M is Good For Those Who:

  • Need a lower monthly premium
  • Are okay with paying 50% of their hospital deductible
  • Sometimes travel overseas.

Does Medicare Plan M Cover Prescription Drugs?

As far as prescription drug benefits, you’ll need to enroll in a stand-alone Part D plan for coverage on drugs prescribed by your doctor to take at home.

What is the Best Alternative to Plan M?

The costs for Plan M tends to be higher than the other options. If you were hoping to have comprehensive coverage and a lower premium, you could consider Plan G.

How to Sign Up for Plan M

Working with one of our licensed agents doesn’t cost you a thing, and you get a whole client service team in your back pocket.

When an issue occurs during the lifetime of your policy, you’ll call us and we will be here to help you.

Our agents will simplify Medicare and the enrollment process for you. We will be here to help you every step of the way, at no additional cost.

Give one of our experts a call today at the number above.

You can complete our online rate form to see Medicare Plan M rates side by side for all the top carriers. An agent will reach out to collect some more information so we can determine exactly what you would pay in monthly premiums.

Enter Zipcode

Enter your zip code to pull plan options available in your area.

Compare Plans

Select which Medicare plans you would like to compare in your area.

Get Quote

Compare rates side by side with plans & carriers available in your area.

Lindsay Engle

Lindsay Engle is the Medicare expert for MedicareFAQ. She has been working in the Medicare industry since 2017. She is featured in many publications as well as writes regularly for other expert columns regarding Medicare. You can also find her over on our Medicare Channel on YouTube as well as contributing to our Medicare Community on Facebook.


Your email address will not be published. Required fields are marked *