Medicare Plan G vs Plan N (New Info!)

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Medicare Supplement Plan G and Medicare Supplement Plan N are two popular options for individuals seeking additional coverage to supplement their Medicare benefits. While both plans offer valuable financial protection, they have distinct differences that can significantly impact your healthcare costs and coverage.

Medicare Supplement Plan G is often considered the more comprehensive option of the two. It covers nearly all the gaps left by Original Medicare, including the Part A deductible, Part B coinsurance, and excess charges. This means that once you meet the Part B deductible, you'll have minimal out-of-pocket expenses for Medicare-covered services. Plan G is especially attractive to those who want comprehensive coverage and are willing to pay slightly higher premiums to avoid unexpected medical costs.

On the other hand, Medicare Supplement Plan N offers a cost-effective alternative. While it covers most of the same expenses as Plan G, it may require copayments for some services, such as office visits and emergency room visits. Additionally, Plan N does not cover Part B excess charges, meaning you may have to pay any additional fees charged by healthcare providers who don't accept Medicare's approved amount as full payment. Plan N can be an excellent choice for individuals who are relatively healthy and want lower monthly premiums but are comfortable with some cost-sharing.

In summary, the choice between Medicare Supplement Plan G and Plan N depends on your healthcare needs and budget. Plan G provides more comprehensive coverage with fewer out-of-pocket costs, while Plan N offers cost savings through lower premiums but requires copayments and does not cover Part B excess charges.

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Excess charges depend on the state you are in as well I believe. RI and Massachusetts do not allow excess charges I was told. Thank you for your review of these two plans! My husband took G and I will take N! Nice to have a choice.

angus
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WOW !!
I just turned 65 and I signed up for a Medicare advantage plan with RX, but holy moly they made you pay co-pays, therapy co charges, uugghh.
Luckily, I'm within the window to change plans without being penalized.
So I found the Medicare plan G, from BCBS and I think this is just right for me.
Thank you so much for this video, kudo's 2 U !!

Pooroljc
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Since I don't have to see the doctor all of the time, only once a year for my Medicare Wellness Visit I will be checking into Plan N because Plan G is getting too expensive for me. You did such a thorough job of explaining everything that even a lay person can understand and showing us a chart comparing Plans. I learned a lot.

PercentOS
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This professional woman is very well versed in Medicare and presents the information in an understandable manner which is no easy feat! If I didn't already have my Medicare needs met through my former employer Ms Abt is the person I would be calling to assist me in making the right choice for me.

frankrothizu
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Depending on what state you're in, there will be a pretty significant price difference that you will pay monthly for Plan G. I chose N because even If you pay office visit of $20 a month, that's only ~$240 for the year opposed to a possible $800 - $1k a year paying for the pricier G plan.

kikimugi
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Wow!! You are so clear and concise. Medicare has always been so unnecessarily confusing and you made it so clear. Thank you sooo much!!

dianeerhardt
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Finally! Someone who articulates the benefits of Plans G & N in an straight forward and understandable manner. Thank you for your honesty. I was under the impression that Plan G was my best option, but I am now seriously considering enrolling into Plan N. What is the earliest I can begin the enrollment process before my 65th birthday?

Dancingpastmidnight
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Thank you for explaining this. I have not heard anyone explain plan N coverage before

jestanuthername
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One of the better explanations of the difference. I noticed several agents here push Plan G very heavily. My wife and I see a doctor twice a year, so co-pays don't bother us. We would have to have three doctor appointments a month to make up the difference in plan prices. Good job.

RonMac
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Plan N for me. I live in OH where excess charges are not allowed. Since I only see the doctor a few times a year the savings in monthly premium exceeds any co-pay by far.

johncole
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Hi Stephanie, Your video is the clearest visual explanation that I have seen! Thank you for your expertise on Medicare! I've been looking at broker videos and have seen:
1) State of Wisconsin plans are different in that a Medicare recipient can purchase which parts of the Plan G they would like. How are these plans for rate increases over time?
2) United Healthcare Plan G with AARP, and UHC without AARP; could you explain the difference between the two plans?
3) It also stated that for Wisconsin, there is ALWAYS a co pay of up to $20 for an MD and $50 for ER that is waived upon hospital admission. Could you please comment on this or do you have another video for Wisconsin Medicare?
4) For something similar would the recipient pay all three; deductible, co-pay, & the monthly premium amount ?
5) Since Wisconsin is not exactly Plan G or Plan N, how does that affect the Guarantee of Rights?

kimdiedrich
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Excellent Video explaining the differences! Stephanie Thank you very much! 👍 I'll be calling you.

Swordfishpro
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I always enjoy listening to your explanations of this confusing insurance. Since the day I 1st went on Medicare 4 years ago you have consistently steered me in the correct direction. I thank you SO much for that! Stay blessed!

rockinrob
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Been awhile (about a year) since I’ve joined Medicare, having used your agency to help me make my decisions. And with annual enrollment underway I happen to watch your recent comparison of Plans G and N. Couple of thoughts…first, you’ve become much more comfortable in front of the camera from a year ago. And second, I found the content you shared comparing Plan G and N very helpful. I may reconsider
12:19 my enrollment in Plan G based on the information you shared and will be calling your office Monday!

martyk
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I’ve been watching a number of videos trying to understand the difference between plan G and N and have been shaking my head and shutting off the videos. They go round and round and digress forever. THANK YOU! Your explanation was straightforward and easy to understand! I know what I need to make a decision!!! Thank you!!!

Sunny
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Thank you Stephanie. That was very good information. I hope the listeners will stay to the end of your video. Because the most important cost information is at the end. Case in point, my supplemental premium jumped up 50% from one year to the next. Talk about sticker shock. Fortunately I was healthy enough to pass underwriting and switched to a better company. I think this is not the case for many subscribers. Bottom line: don’t get tricked by the “lowest” first year cost! It may turn into the highest cost within a few years.

donnatrivison
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Well done! Thanks for the straight talk on a complex decision many of us have to deal with for medical insurance.

dtom
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Thank you. This was the best overview of G vs N I've found.

RoySmithVideo
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😊 Watch you every year Ms. Abt. love how clearly you explain these benefits

lindaheimann
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My plan G has gone up 20% per year each year for the last 5. With todays economy being so poor, affordability is becoming an issue, however my medical need as I age will keep me on the plan as the co pays will erase any savings I might enjoy. Thanks for this video as I did not know to check until you presented this information. Owe you one.

michaelkeene