Comparing plans
Choosing between Medigap Plan F and G
by Christian Worstell | Published October 16, 2023 | Reviewed by John Krahnert
Medigap Plan F is the only Medigap plan that provides coverage for all 9 benefit areas. However, Plan F is not available to Medicare beneficiaries who became eligible for Medicare on or after January 1, 2020.
If you are unable to get Plan F, Plan G provides similar coverage, and usually has lower monthly premiums.
One primary difference is that Medigap Plan F includes coverage for the Medicare Part B deductible. Medigap Plan G does not include this coverage.
The Medicare Part B deductible is $240 per year in 2024.
If you're getting a quote for Medigap Plan F, it may be smart to also get a quote for Plan G. If the Plan F monthly premium is at least $19 higher than the Plan G monthly premium, you would be overpaying for the Part B deductible coverage, and Plan G may be the better deal.
Comparing plan benefits and cost
When comparing Medigap plans, benefits and premiums are two of the most important deciding factors.
Benefit differences
Both Medigap Plan G and Plan F provide high levels of coverage. The only Medigap benefit not included in Plan G is the Medicare Part B deductible. The following chart shows which Medigap plan covers the available benefits.
| Medicare Supplement benefits | F | G |
|---|---|---|
| Part A hospital care co-insurance & costs | √ | √ |
| Part A hospice care co-insurance or co-payment | √ | √ |
| Part B co-insurance or co-payment | √ | √ |
| First 3 pints of blood | √ | √ |
| Part A deductible | √ | √ |
| Part A skilled nursing care co-insurance | √ | √ |
| Part B deductible | √ | |
| Part B excess charges | √ | √ |
| Foreign travel emergency | √ | √ |
Cost differences
If you want a high-coverage Medigap plan, you should get a quote for both Plan F and Plan G since one plan may be less expensive.
For example, let's say you get a quote for both plans and the Plan F premium is $30 more per month than the Plan G premium. If you pay $30 more a month to have Medigap Plan F instead of Plan G, you'd be paying an extra $360 a year for an extra $240 in coverage (Part B deductible in 2024).
Keep in mind that the price gap between Plan F and Plan G will vary. The prices you are quoted will differ depending on the insurance company and your personal details.
On a national scale, Medigap Plan G is less expensive than Plan F, but premiums can vary widely depending on the insurance company and the state in which you live.
Despite the fact that Medigap Plan G can potentially save Medicare beneficiaries hundreds of dollars per year, more people choose Plan F compared to Plan G.
Compare Medicare Supplement Plan F vs. Plan G today
It's important to compare all your Medigap plan options. A licensed agent can help you compare plans and find one that makes sense for your unique health care needs.
Compare Medigap plans in your area.
Find a planOr call now to speak with a licensed insurance agent:
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