Medicare Supplement Plan N is one of the more popular supplement plans, coming in after Plans F and G. Even though Plan N is still relatively new, it’s popularity grew because of its low premium and lengthy coverage. Plan N is the least expensive of the three, but you are expected to pay the Part B deductible and copayments as a result.
Coverage for Plan N
Plan N provides close to the same coverage as Plans F and G. Plan N covers:
- Part A deductible
- Coinsurance payments (Medicare Part A) for inpatient hospital care up to an additional year after the Medicare benefits have been used up
- Coinsurance or copayment for Part A
- Copayment or coinsurance expenses for Medicare Part B
- First three pints of blood used in a medical procedure
- Skilled nursing facility care coinsurance
- 80% of foreign travel emergency expenses but only up to plan limits
What is not covered by Plan N?
Plan N provides 100% coverage for everything except for 20% of foreign travel emergencies, and Part B deductible and excess charges. Depending on your medical provider, you may be required to pay excess charges of up to 15% more than what Medicare initially allows. You will need to confirm with your provider if they accept Medicare assignment, because if they do, then excess charges will not be part of your out-of-pocket expenses.
Plan N also requires a $20 copayment for a doctor’s office visit and up to $50 if you need to go to the emergency room.