Medicare Supplement plan F is the most comprehensive Medigap plan. It covers both Medicare deductibles plus all copays and coinsurance, so you have no out-of-pocket costs for Medicare-covered services.
You should know that Plan F is only available to people who became eligible for Medicare before January 1, 2020.
Explore Plan OptionsBy definition, Plan F provides full coverage for the costs left over by Original Medicare.
- Part A deductible
- Part B deductible
- First 3 pints of blood
- Part B excess charges
- Medicare Part B coinsurance
- Part A hospice care coinsurance
- Part A coinsurance and hospital costs
- Skilled nursing facility care coinsurance
- Foreign travel emergency (up to plan limits)
Thanks to these benefits, policyholders can have peace of mind when they undergo healthcare treatments. Plus, Plan F benefits are standardized and will be the same no matter which insurance company you choose.
Why Choose Plan F?
Many people select Plan F because it offers the most comprehensive coverage available among Medigap plans, paying for all the gaps left by Original Medicare. Under this plan, you have no out-of-pocket expenses at the doctor's office for Medicare-covered services.
Also, your coverage is guaranteed renewable, meaning your policy cannot be cancelled for health reasons. And no referrals are required, allowing you to see any specialist that accepts Medicare at any time.
Average Cost for Plan F
Plan F cost varies by many factors, including your location, age, gender, and tobacco use. Because there is no set cost, we highly recommend comparing plans in your state with one of our licensed Medicare advisors who can provide quotes for Plan F in your specific area so you can see your exact rate.
Most of the time, the cost for Plan F will be higher for males than females.
Am I Eligible for Plan F?
If you have Original Medicare (A and B), and you became eligible for Medicare before January 1, 2020, you are eligible to apply for Plan F. You also need to live in the plan's service area.
When Should I Enroll?
The most appropriate time to enroll in Plan F is during your one-time Medigap Open Enrollment Period. This six-month window begins on your Medicare Part B effective date. During this window, you can sign up for any Medigap plan without medical underwriting, meaning insurers cannot reject your application due to pre-existing conditions.
If you have missed your Medigap open enrollment period, you may still apply for a Plan F policy, though you may be subject to health questions and underwriting depending on your situation.
How Simple Retirement Benefits Can Help
If you're looking to add a Medigap Plan F to your Original Medicare benefits, contact an advisor at Simple Retirement Benefits. We can provide quotes for Plan F, G, or N so you can compare the value and see which policy fits your budget and goals. Give us a call at 512-432-5414.