Mutual of Omaha Medicare Supplement Plan G is one of ten Medicare Supplement insurance plans that help pay medical expenses left after Original Medicare (Medicare Part A and Part B) pays its part.
Mutual of Omaha Medicare Plan G also covers some costs that the Federal Medicare Program doesn’t cover at all, such as up to $50,000 in foreign travel emergency benefits.
Key takeaways:
· Initial pints of blood
· Medicare Part A deductible
· Medicare Part A hospital costs
· Part A expenses
· Part A hospice care coinsurance
· Skilled nursing facility care
· Charges over the amount Medicare allows – “Part B Excess Charges”
· Durable medical equipment
· Foreign travel emergency care (lifetime plan limits apply)
· Medicare Part B coinsurance and copays
Be advised that the Part B deductible will not be covered by Medigap Plan G.
Here’s an idea of what a 65-year-old woman, a nonsmoker, might pay for Medicare Supplement insurance Plan G:
Medigap Plan | Premium | Gender/Age | State |
---|---|---|---|
Plan G | $105.62 | Male age 65 | TX |
Plan F | $195.00 | Female age 70 | OH |
Plan N | $91.46 | Female age 65 | PA |
High G | n/a | n/a | FL |
Plan A | $185.93 | Male age 65 | CA |
Insurance companies consider age, gender, location, and tobacco use when setting Medicare Plan G rates. When considering age, they use one of three methods:
Medicare Supplement Insurance Plan G is the most popular plan for those brand new to Medicare.
Here’s why:
Does Plan G cover Medicare Part B Deductible?
Plan G coverage does not include the Part B deductible. For those whose Medicare start date is Jan. 1, 2020, no Medicare Supplement plan covers the Part B deductible.