Find Your Low Cost Medicare Plan Today!


Call Now To Speak With A Licensed Agent: (855) 419-3826

Speak With A Licensed Agent: (855) 419-3826

Medicare Supplement Plan M | Medigap Plan M | Coverage & Details


Plan A | Plan B | Plan C | Plan D | Plan F | Plan G | Plan K | Plan L | Plan M | Plan N | Compare


Medicare Supplement Plan M
Medicare Medigap Plan M is a supplement plan that is fairly new as of June 1st, 2010. Medigap Plan M is very similar to the Medigap Plan N, and was introduced as a new plan offering in efforts to try to cut federal spending and reduce the national budget deficit. Supplement Plan M offers cost-sharing, which was intended to reduce the complete reliance on your insurance plan. The Medicare Part A hospital deductible is paid at 50% by the insurance company, and you are responsible for the other 50%. This cost-sharing was designed to eliminate "wasteful spending" so that people would only go the doctor or hospital when really necessary.

Medicare Supplement Plan M still has a fairly moderate level of coverage, and does in fact cover many of the major gaps left by Medicare. Plan M Medigap also costs approximately 15% less than some of the more comprehensive Medicare Supplement Policies, like the Medicare Supplemental Plan F.

Individuals who do not mind paying 50% of the Medicare Part A hospital deductible (if hospitalized) will have the opportunity to save some money while on the Plan M. It is equally important, however, to compare the cost of Medicare Plan M with the other various Medigap Plans. Sometimes the difference in cost between the Plan M and a more comprehensive plan is so minimal that it might just be better to go with the more comprehensive plan (better value for your money).

Get Your Free Medicare Quote Comparison Today!

Get Quotes Now ►


Speak With A Licensed Agent
Call: (855) 419-3826