The Similarities and Differences Between These Two Medicare Supplement Plans

The Similarities and Differences Between These Two 2019 Medicare Supplement Plans

When it comes to Medicare supplement plans, some are very similar to one another and only differ by one benefit that is covered more or less. When it comes to the Medicare supplement plan M and N, similarities make it sometimes confusing to find out which one is which and what each one of them covers. Here is a basic guide to what these two Medicare supplement plans are made of:

 

Medicare Supplement Plan M

This supplement plan will cover for the following benefits:

  • Covers for the first three pints of blood (Medicare original cover for any pints of blood required after that)
  • Covers for skilled nursing facility coinsurance
  • Covers for part A hospice care coinsurance and copayment
  • Covers for Medicare part B coinsurance and copayment
  • Covers for Medicare coinsurance and hospital costs of Medicare part A
  • Covers for the Medicare part A deductibles up to 50%

This last benefit will be covered each time you need to be hospitalized. If you need to stay in the hospital several time during the year, you will be required to pay the Medicare part A deductible rate each time you are admitted. The Medicare supplement plan M will share the bill with you each time and cover half of it.


These benefits are not included in the Medicare supplement plan M:

  • Medicare part B deductible
  • Medicare part B excess charges

Medicare Supplement Plan N

This supplement plan will cover for the following benefits:

  • Covers for the first three pints of blood (Medicare original cover for any pints of blood required after that)
  • Covers for skilled nursing facility coinsurance
  • Covers for part A hospice care coinsurance and copayment
  • Covers for Medicare part B coinsurance – not to 100%
  • Covers for Medicare coinsurance and hospital costs of Medicare part A
  • Covers for the Medicare part A deductibles

The Medicare part B coinsurance costs will not be covered to 100%. There will be a co-pay required from you, which is at around 20$ each time you visit a doctor´s office and 50$ each time you visit the emergency room.

These benefits are not included in the Medicare supplement plan N:

  • Medicare Part B deductible
  • Medicare Part B excess charges

The Medicare part B deductible is an annual amount of 183$, which you would need to pay for out of your own pocket. Excess charges (Medicare part B) vary from individual to individual. It also depends on the health care provider you visit. Some health care providers will only charge you as much, as is covered by your health insurance. Other health care providers might charge you over the amount that is covered by your health insurance company. In these cases, you will need to pay for the extra amount, which would be your excess charge. Excess charges can be avoided by only visiting health care providers who agree to charging you the amount that will be covered by your premium rate. Taking this in consideration, you would only need to pay for the Medicare Part B deductible.