Medicare Supplement Plan N: What is it?

Medicare Supplement Plan N

Medicare Supplement Plan N is basically a supplemental insurance plan that covers items similar to Medicare Part A and Part B. Plan N covers items such as Medicare Part A deductible payments, coinsurance for inpatient care and for hospital services, and Medicare Part B deductible payments. Medicare Supplement Plan N may cover you for nearly everything you need to stay healthy, but will you be covered for all those items? Or, are all of the coverage options the same? The basic plan will cover Medicare Part A and Part B, so let’s take a look at what else is available.

Medicare Supplement Plan N will cover items such as Medicare Part A deductibles and coinsurance, hospital insurance, and an annual out of pocket maximum for physician visits. However, if you spend more each year on both of these policies than the maximum out of pocket maximum you have to pay (otherwise known as the Medicare Part B deductible), then Medicare Supplement Plan N may pay for it. For example, if you purchase a policy that covers about $1000 extra you could receive a $400 check from Medicare depending on how much you spent each month on Medigap plans and on other items.


Medicare Supplement Plan N is not mandatory; it is a choice that you and your insurance company have made. You can choose to go with a plan that covers everything, or you can choose to have all of the coverage you want. You have to make a choice about your priorities and which Medicare Supplement Plan N will give you the most coverage for your monthly budget. You should also keep in mind that some Medigap plans offer coinsurance discounts to seniors. These discounts are usually only applied to out-of-pocket expenses, so you will not be able to deduct them from your taxes. If you are interested in finding out more information about Medicare Supplement Plan N, including the qualifications, enrolling, renewal, and exceptions, you should contact a Medicare representative.

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