Getting the Best Medicare Supplement Plan

When it comes to Medicare, many people are surprised to find that Original Medicare (Parts A & B) doesn’t cover everything. You’re still responsible for deductibles, copayments, and coinsurance, which can add up quickly. That’s where a Medicare Supplement (Medigap) plan comes in.

But how do you know which Medigap plan is the best for you? Let’s break it down.

What Is a Medicare Supplement Plan?

A Medicare Supplement (or Medigap) plan is private insurance that works alongside Original Medicare. It helps pay for the “gaps” like:

• Hospital deductibles

• Part B coinsurance (usually 20% of outpatient costs)

• Skilled nursing facility coinsurance

• Foreign travel emergencies (in some plans)

With Medigap, you can see any doctor or hospital in the U.S. that accepts Medicare—no networks required.

What Makes a Plan “The Best”?

The truth is, the best plan depends on your needs and budget. Here are the key factors:

1. Coverage Level

The most popular plans are:

• Plan G: Covers everything except the Part B deductible.

• Plan N: Lower premiums but small copays at the doctor and ER.

2. Monthly Premiums

Premiums vary by company, age, gender, and location. Two insurers may offer the same standardized benefits but at very different prices.

3. Company Reputation

It’s not just about price. Look for a company with:

• Strong financial ratings

• Good customer service

• Stable rate history

4. Your Health & Lifestyle

If you see the doctor often or want predictable costs, a more comprehensive plan like Plan G may be best. If you’re healthy and want to save on premiums, Plan N might be a better fit.

Timing Matters

The best time to buy a Medigap plan is during your Medigap Open Enrollment Period (the 6 months after you first enroll in Part B). During this window, you can get any plan you want without medical underwriting. Afterward, companies may ask health questions and can deny coverage.

How to Find the Right Plan for You

1. Compare the benefits of each standardized plan.

2. Review pricing from multiple insurance companies.

3. Consider your health, budget, and travel needs.

4. Work with a licensed agent who can shop the market for you.

The Bottom Line

There isn’t a one-size-fits-all “best” Medicare Supplement plan. The best plan is the one that fits your health needs, your budget, and your peace of mind.

✅ Need Help Choosing?
At Apex Retirement Solutions, LLC, we compare plans across top companies to find the best fit for you. We’ll make sure your coverage is solid and your costs are predictable.

👉 Schedule your Medicare Supplement Review today:
Book Your Appointment