Call (888) 310-0376 For a Quote

Medicare Supplement Plan F

Compare Medicare Plans by
Get a No-Cost Medicare Health Plan Quote!
Zip Code:
Or call: (888) 310-0376 TTY 711
Mon-Fri 8AM-8PM EST | Sat 9AM-6PM EST
Get Personalized Assistance From a Licensed eHealth Agent

Stethoscope Resting on Medicare Billing StatementChoose Medicare Supplement Plan F when only the best will do

If you have decided that purchasing a Medicare supplement is the way to go, you may be wondering which supplemental plan is best. This question is easily answered if you are not severely limited on your health care budget.

As of December 2011 4.6 million people with Medicare had purchased Medicare supplement Plan F. That’s up 9.6% over the previous year.

Medicare supplement policies, or Medigap as it is also known, are available as standardized plans. Each standardized Medicare supplement will fill the gaps left by Medicare. Which plan you choose will determine to what extent the gaps are filled. Medicare supplement plan F is the most comprehensive plan and will leave you with the least amount out-of-pocket.

Medicare Supplement Plan F Benefits

Medicare Part A:

  • Part A hospital deductible
  • Part A hospital coinsurance
  • Skilled nursing facility coinsurance
  • Blood
  • Hospice co-payment/coinsurance

Medicare Part B:

  • Part B outpatient deductible
  • Part B outpatient coinsurance
  • Part B excess charges – 100%
  • Blood

Other Benefits

In addition to these benefits, some providers will offer additional value added benefits. For example,  AARP Medicare supplement Plan F will also include:

  • Vision discounts
  • Nurse health line
  • Pharmacy services discounts

Even though Plan F is the most comprehensive, it still has its limits. Unless a company is offering some ancillary benefits and discounts, don’t expect Plan f to cover non-Medicare expenses. The limits to Plan F are inherent in what a supplement is intended to do.

The best time to by a Medicare supplement

The best time to buy a Medigap policy is during open enrollment when you first become eligible for Medicare enrollment. During this time you cannot be denied coverage for any pre-existing health conditions.

If you have a special circumstance, such as losing employer group insurance, leaving a Medicare Advantage plan within the first year or moving out of an Advantage plan’s service area, you will have a guaranteed issue period where you are able to purchase any policy that a company sells.

It’s also important to note that you will need to choose a Medicare Part D plan to accompany your Medicare supplement. Unlike an Advantage plan, such as AARP Medicare Complete, you will not have drug coverage included in your supplemental insurance plan.

If you do not enroll in a Part D drug plan when first eligible,  you may have to pay a late enrollment penalty should you decide to enroll at a later date. Also, keep in mind that unlike a Medicare supplement policy, you will be subject to enrollment periods with Medicare Part D insurance.

Comparing Medicare supplement Plan F policies

Since Medicare supplement plans are standardized, you will find that each companies plans will have identical benefits. Medicare supplement Plan F includes the same benefits no matter which company you choose.

This makes shopping for a plan simple.  Since Medigap insurance is basically a commodity, it is easiest to compare Medicare supplement plans
online. Most people would find it time consuming and somewhat redundant to meet with several agents when the only difference in plans will be the cost and the perceived level of customer service.

Monthly premiums can vary considerably between companies for Medigap Plan F, so do your homework and look at several companies before you make your choice.


  1. Sherry, Here’s an article on different pricing models. Because you will have Guaranteed Issue Rights your health will not be a factor in your premium. Every insurance company will increase premiums every year or so. Not doing so would mean that they are either charging way to much initially or that they are going to reach a point when the premium is so low compared to their obligations that they are losing money. Rising premiums are a fact of life due to increased medical costs.

    Some companies offer an enrollment discount based on your choosing a plan within a couple years of being eligible. The discount diminishes each year and you’ll soon find yourself at a higher premium in line with what other companies charge. Kind of a low ball tactic to get you signed up. So ask if you are receiving an early enrollment discount and if you premium will increase at a faster rate as the discount is taken away.

  2. I understand Plan F will no longer be available to new Medicare enrollees beginning in 2020 since new Medigap plans paying for the annual Medicare part B deductible can no longer be sold. I also understand those who already have Plan F prior to 2020 will be allowed to keep it.

    With no new individuals entering the Plan F pool after 2019, I’ve seen predictions that rates for Plan F will increase by a greater amount in the future than other Plan rates.

    Questions: Does the change coming in 2020 also apply to the high-deductible version of Plan F? Would you advise those of us who currently have Plan F (or the high-deductible version) to change to another Plan (G?) to avoid higher expected future rate increases?

  3. Kenneth, I think a lot of marketers are predicting Plan F premiums going sky high to increase enrollments in Plan G, thus earning a commission. The premiums for Plan J which was previously discontinued did not become unaffordable for most people enrolled. I don’t believe that the High deductible Plan F is included in this change. I wouldn’t run out and switch plans now if I was in your shoes.

  4. David, thanks for the response confirming my suspicion of the motive behind the claims of high rate increases. I could find no mention of the increase concerns other than by those eager to sell me another plan.

    Glad to hear the high-deductible version of Plan F won’t be impacted, which makes sense as it has a $2,000 annual deductible and the reason for stopping new sales of the standard Plan F was because it pays for the Medicare Part B deductible in full.

  5. The best time to by a Medicare supplement (SHOULD BY BE BUY?)

  6. Thanks Jean!

Leave a Reply

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