Medicare Supplement High-Deductible Plan G

In this article...
  • The Medicare Supplement High-Deductible Plan G is a type of Medigap policy. Learn how much the Medicare Plan G High-Deductible is in 2022 and if it's right for you.

Many people purchase a Medicare Supplement Plan as an alternative to Medicare Advantage. Various Medicare Supplement policies are available, including High-Deductible Plan G. This plan can be cost-effective for some enrollees, but it's not suitable for everyone. Learn how much the Medicare Plan G High-Deductible is in 2022 and what this plan covers. 

What Is the Medicare Plan G High-Deductible Plan for 2022?

The Medicare Supplement Plan G High-Deductible is a type of Medicare Supplement Insurance, also known as a Medigap policy. It acts as a supplement to Original Medicare and fills some coverage gaps. Although these policies offer relatively low monthly premiums, enrollees must pay significantly higher deductibles (including the Part B deductible) when they receive covered care than they would for most other Medigap plans.

How Much Does the Medicare Plan G With High Deductible Cost?

How much you pay for your Medicare Plan G with a high deductible depends on several factors, including your age and which company you buy your policy from. Where you live can also make a significant difference to your monthly premiums. For example, a Plan G policy with a high deductible could cost you between $34 and $157 per month in Des Moines, IA, but a similar policy could set you back between $42 and $710 in Atlanta, GA.

What Is Included In Medicare Supplemental Plan G With a High Deductible?

Medicare Supplemental Plan G policies with a high deductible must provide the same benefits as regular Medicare Plan G. These include:

  • Part A coinsurance
  • Additional 365 days of hospital costs (beyond the Original Medicare limit)
  • Part B co-insurance
  • Part B copayment
  • First 3 pints of blood
  • Hospice copayment and co-insurance
  • Nursing facility copayment and co-insurance
  • Part A deductible
  • Part B excess charge
  • 80% foreign travel exchange

Therefore, Medicare Supplement Plan G and High-Deductible Plan G offer identical coverage. The only difference between the two plans is that regular Plan G charges higher premiums but has a lower deductible. In comparison, High-Deductible Plan G offers lower premiums with a significantly higher deductible.

Medicare Supplement Insurance Plans 2022
Medicare Supplement Benefits A B C1 D F1 G K L M N
Part A coinsurance and hospital costs
Part B coinsurance or copayment 50% 75%
First 3 pints of blood 50% 75%
Part A hospice care co-insurance or co-payment 50% 75%
Co-insurance for skilled nursing facility     50% 75%
Medicare Part A deductible   50% 75% 50%
Medicare Part B deductible                
Medicare Part B excess charges                
Foreign travel emergency     80% 80% 80% 80%     80% 80%
1. Plans C and F are not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
2. Plans F and G also offer a high deductible plan which has an annual deductible of $2,490 in 2022. Once the annual deductible is met, the plan pays 100% of covered services for the rest of the year. The high deductible Plan F is not available to new beneficiaries who became eligible for Medicare on or after January 1, 2020.
3. Plan K has an out-of-pocket yearly limit of $6,620 in 2022. Plan L has an out-of-pocket yearly limit of $3,310 in 2022.
4. Plan N pays 100% of the Part B coinsurance, except for a copayment of up to $20 for some office visits and up to $50 for emergency room visits that don’t result in an inpatient admission.
View an image version of this table.

How Much Is the Deductible for Medicare Plan G With a High Deductible in 2022?

As of 2022, the deductible for a High-Deductible Plan G policy is $2,490. You'll need to pay the deductible when you receive care before the policy pays any benefits, which is why the monthly premiums are so low. Therefore, a standard Plan G policy is worth considering if this deductible is unaffordable.

What's the Difference Between Medicare Plan G With a High Deductible and High-Deductible Plan F?

One of the key differences between Medicare Plan G with a high deductible and High-Deductible Plan F is that new enrollees can no longer purchase Plan F. Medicare beneficiaries who first became eligible after January 1, 2020, are no longer eligible for Plan F.

If you had Plan F before 2020, you can keep it. And you can apply for Plan F if you were eligible for Medicare before 2020 and Plan F is available where you live.

Otherwise, there's little to distinguish the plans from each other. However, one might be cheaper than the other in your area.

Medicare Plan F covers the Part B deductible, and Plan G doesn't.

Do Guaranteed Issue Rights Apply to High-Deductible Plan G?

You may have guaranteed issue rights to purchase Medigap policies in certain situations without medical underwriting. This means that a company must offer you a Medigap policy and cannot increase your premiums due to your health status. 

There are several situations in which you may have guaranteed issue rights. For example, you might have the right to purchase a Medigap policy if you move outside your existing Medicare Advantage plan's coverage area or your insurer leaves Medicare.

You can only assert your guaranteed issue rights to buy High-Deductible Plan G if you have a qualifying life event or if you apply during your Medigap Open Enrollment Period.

Your Open Enrollment Period starts as soon as you are at least 65 years old and enrolled in Medicare Part B. This open enrollment period only lasts for six months, and it may be the only time you have guaranteed issue rights unless you later experience a qualifying life event.

Where Can I Buy Medicare Plan G With a High Deductible in 2022?

Where to purchase a High-Deductible Plan G policy depends on the carriers in your area.

It's generally a good idea to speak to a licensed insurance agent to find suitable providers where you live and for help selecting a plan that meets your needs and financial circumstances. 

Is a High-Deductible Plan G Policy Right for Me?

A High-Deductible Plan G policy could be a good option if you prefer to save money on the cost of monthly premiums. However, it's essential to ensure that you are comfortable meeting the considerable deductibles if you require care. It's also worth considering this type of plan if you regularly travel overseas. 

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