The other day we received a call from a client who wanted to know the difference between Medicare Supplement Plan D and Medicare Supplement Plan N. That is a very good question because if you look at the chart below, they look like they cover exactly the same things.
So let’s compare Plan D vs Plan N.
UPDATE: 2014 out of pocket max for K is $4,940, and for L $2,470
Check out the columns for Medigap D and N and you will see they look nearly identical.
The two plans look similar in benefits covered except for plan N has an asterisk next to it. The asterisk eventually leads you to info that explains the difference. If you read the fine print, you will learn that Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to a $50 copayment for emergency room visits that don’t result in inpatient admission. That’s it. In plain English, if you go with Plan N it should be slightly less expensive each month but you are subject to copays for office and emergency room visits.
So Which is Better: Plan D or Plan N?
The answer, of course, depends on the price. If N is significantly cheaper than D, then go for it. If it is not less expensive, than D is the better choice as it will save you from paying copays. Both plans do not cover Medicare Part B excess charges and the Part B deductible which can add up, so you will want to consider Medigap Plan F and it’s less expensive counter part Plan F high-deductible.
The first thing you will want to do is get a quote to 1) determine if either Plan D or Plan N is offered in your area (many companies don’t offer them) and 2) Find out the price. Click on the button below to get a instant medigap quote.