What Medicare Plan N Covers: Is It the Right Supplement for You
When it comes to supplementing Original Medicare (Part A and Part B), Medigap Plan N is one of the more popular options. It offers strong coverage at a lower premium than some other Medigap plans. This makes it an attractive choice for many Medicare beneficiaries. We will go over what Medicare Plan N covers, and why someone might choose it over other options.
What Medicare Plan N Covers
Medigap Plan N is a standardized Medicare Supplement Insurance plan, which means the benefits are the same no matter which insurance company offers it. Here’s what Plan N covers:
- Medicare Part A Coinsurance and Hospital Costs – Covers up to an additional 365 days after Medicare benefits are used up.
- Medicare Part B Coinsurance or Copays – Covers most of the 20% coinsurance beneficiaries would otherwise pay. This excludes copays; up to $20 for doctor visits and up to $50 for ER visits that don’t result in admission.
- Blood (First 3 Pints) – Covers the cost of the first three pints of blood needed for a medical procedure.
- Part A Hospice Care Coinsurance or Copays
- Skilled Nursing Facility Care Coinsurance
- Medicare Part A Deductible – Plan N covers this cost, which can save you over $1,600 per admission in 2025.
- Emergency Medical Care During Foreign Travel – Covers 80% (up to plan limits) for medically necessary care during international travel.
What Plan N Does Not Cover
There are a few out-of-pocket costs you may still be responsible for:
- Medicare Part B Deductible – You’ll need to pay this annually ($240 in 2025).
- Part B Excess Charges – If your doctor does not accept Medicare assignment and charges more than Medicare-approved amounts, Plan N does not cover those excess charges.
- Copayments – As mentioned earlier, you’ll pay small copays for some office and emergency room visits.
Why Choose Medicare Plan N
Here are some reasons why Plan N might be the right choice for you:
Lower Monthly Premiums
Plan N generally has lower premiums than Plan G or Plan F. This makes it a budget-friendly option for those who want solid coverage without a high monthly cost.
Predictable Costs
Aside from the Part B deductible and occasional copays, your out-of-pocket costs are minimal. This makes it easier to plan financially, especially for healthy individuals who don’t visit the doctor often.
Access to Nationwide Coverage
Like all Medigap plans, Plan N allows you to see any provider in the U.S. who accepts Medicare; no networks or referrals needed.
Foreign Travel Coverage
If you travel abroad, the emergency coverage provided under Plan N gives you added peace of mind.
Ideal for Healthy Retirees
If you’re in good health and don’t mind paying occasional small copays, Plan N can offer significant savings while still covering major expenses.
Watch a quick video on Medicare enrollment periods
Is Plan N Right for You
Plan N is best for those looking to balance good coverage with lower monthly premiums. It’s especially attractive if you don’t anticipate frequent medical visits and prefer to avoid the higher costs of Plan G or Plan F.
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As always, it’s important to review personal health needs, provider preferences, and budget with a licensed Medicare agent to determine if Plan N is your best fit.
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