The good news: Medicare Plan F is one of the most popular Medicare Supplemental Plans available, with 57% of those enrolled in Medicare also enrolled in Plan F. It offers the most coverage for prescriptions, hospital stays, and specialists for the least cost, which explains its popularity.
The bad news: Plan F was phased out on January 1, 2020. Plan F is not available to newly enrolled members or people who became eligible after the January 1 stop-date. However, Medicare Supplement Plan G has replaced Plan F.
Not eligible for Medicare Plan F? Medicare Plan G is the “new” Medicare Plan F, offering nearly the same benefits as Plan F—the only difference is Part B coverage.
The silver lining: You may be able to still apply for Plan F if you were eligible before January 1, 2020. Below, you’ll find information about how to check your eligibility, prices, and providers for Plan F, to ensure you get the best coverage you possibly can. If you aren’t eligible for Plan F, or you decide it’s not for you, there are other Medicare supplemental insurance providers that may be better for your needs.
It can be overwhelming to go through every provider and every plan to find what best fits your needs. That’s why we assembled the best providers for Medicare Supplement Plan F here. They all serve at least 40 states and were carefully screened based on pricing, ease of use, financial rating, and more. Keep reading to see who made the list.
Best Medicare Supplement Plan F Plans in 2020
Humana: Best for Extras
In addition to covering everything included in Medicare Parts A, B, and C at a low cost, Humana’s Plan F offers extensive extra benefits. These include a SilverSneakers fitness plan, a nurse advice line that's staffed 24/7, and even household discounts if more than one person in your household has a Medicare Supplement Plan with Humana.
Helpful information breakdown on the Plan Details page
$0 deductible available
$0 visits to specialists, no referrals needed
Discounts available for multi-policy households
Discounts on additional services such as hearing aids or eyeglasses
Required to get individual quotes before comparing different plans
App is poorly rated for both iOS and Android apps
Humana’s process to determine your personal estimates requires a few too many clicks, but once you’ve navigated to where you need to be, all information relating to the Plan F plan is clear and easy to understand. There isn’t much point in comparing costs here—Plan F has a $0 deductible at the regular level and offers immediate coverage. The High Deductible Plan F has a price tag of $2,340 but because you have to pay more out-of-pocket, the premiums for this plan tend to be significantly lower. If you’re in good health, rarely seek medical treatment, and can afford to pay the deductible if needed, the High Deductible Plan F may be a good choice for you.
At either the regular or the high-deductible point, Humana customers have access to many extra benefits. For example, up to 10 frozen meals can be ordered after a hospital stay, to relieve worry about meals while you heal; discounts on prescriptions are available with your Humana card at participating pharmacies; and the SilverSneakers fitness program allows customers a free basic membership at a participating fitness club, including classes, training, and access to experts to create a personalized fitness plan. Or, if there’s no gym near you that offers the SilverSneakers program, Humana offers SilverSneakers Steps, a separate fitness program, so that you don’t miss out on this benefit. Another great perk: Hearing aid discounts, which can provide great cost savings. Unfortunately, if you are used to mobile apps, Humana’s will fall short. The MyHumana app offers little information about coverage, forcing users to call for answers to any questions.
Humana is also highly raked with AM Best, with an Excellent rating of A-.
Medicare Plan F does not cover ear or eye care, so these are not additional benefits that you can find with every provider.
Cigna: Best in Educational Information
The best thing about Cigna’s Medicare Supplement Plan F is the way it breaks down the costs and benefits that go along with the program. Nothing requires reading multiple pages or an in-depth understanding of health care—all the services Medicare and Plan F cover are broken into three categories of cost: what Medicare pays, what Plan F pays, and what you pay. And, in most cases, you don't pay anything. For example, for hospitalization up through the first 60 days, Medicare covers everything except $1,408. Plan F then covers that $1,408, so you pay nothing. Cigna makes it easy to see exactly which gaps Plan F pays for.
Easily understandable breakdown of costs
Plan information is explained in simple terms
Only additional benefit is a 24-hour health hotline staffed by nurses
Long process to get estimates, requiring contact information and agreement to be contacted by Cigna representatives
Cigna wants all of its customers to be knowledgeable about and comfortable with what exactly they’re signing up for with a Medicare Plan F plan, whether it's a regular or a high-deductible option. The differences between two plans—the deductible costs and the difference in premiums—and what each of them covers are clearly laid out, so you can make an informed decision. However, the comparison aspect of the process is time-consuming, requiring not only your ZIP code, but your name, date of birth, the dates when you enrolled in Parts A and B, and your phone number and email address. In addition, you must consent to be contacted by Cigna before you can continue to get your estimate.
AARP: Best in Price Comparison
For most people, cost is a key factor when it comes to purchasing insurance. AARP provides a single PDF document with cost comparisons by age, gender, and location that allows you to know ahead of time how much your monthly charges may be.
Information for most plans is available on one PDF document for easy comparison
Customer-focused, with educational materials available on the site and for download
Quickly able to access personalized estimates
Monthly cost estimates broken down by age, gender, smoking status, location, and plan type
Higher monthly costs
Not many “extras” or additional bonuses
Travel has $250 deductible, and then the plan pays 80%, while many other providers pay 100%
AARP is nothing if not detailed. Before you even get to personalized estimates, AARP makes sure you know what you’ll get for your money, and that you have an effective, comprehensive understanding of what each plan offers. Since it gives you such a comprehensive understanding up front, you may not even need to enter your information. If you know that you can find similar coverage for less money, or that another provider has more benefits, you’ll be able to tell from a cursory glance through the document, and all you need to enter is your ZIP code. Monthly costs range from about $140 to $232 for female nonsmokers and about $165 to $262 for male nonsmokers.
Make sure you consider all aspects of your personal situation and how it may impact your premiums and deductibles. The older you are when you enroll, the more prices can go up.
Aetna: Best for Simplicity
There are many Medicare plans to choose from, but Aetna takes all the guesswork out of it by offering exactly what you see advertised: Medicare Supplement Plan F. There’s not much in the way of extras or benefits you might never need, want, or use, though.
Covers foreign travel emergencies like hospitalization in your first 60 days of travel
Offers household discount
No extra benefits, just the baseline coverage required of all Medicare Plan F plans
Multi-step process to get custom quote
Breakdown of deductibles based on gender, location, and age can be overwhelming
It’s rare to find a company that does exactly what it says, but Aetna’s Medicare Plan F offering does just that. Aetna is a more affordable option than some other plans, offering up to a $30 per month savings and averaging $170 per month for pricing. However, it may be lacking a service that you need, so it is important to determine which options best fit your lifestyle (i.e. if you don’t travel, then travel emergency coverage wouldn’t be as important). Determining this information can be done in as little as a few minutes, which put Aetna at the top in the simplicity category. This makes it easy to compare Plan prices, so you can determine which plan(s) are right for your situation. It’s not the quickest process, but it only requires entering your ZIP code, date of birth, and date of eligibility for Original Medicare.
Mutual of Omaha: Best for Ease of Use
Mutual of Omaha is the best company to go with for a quick and painless experience signing up for Medicare Supplement Plan F. It takes hardly any time or effort to get an array of estimates for Plan F and other Medicare Supplement plans that are offered.
Smooth, clean website with easy-to-follow instructions
Detailed information not required to get an estimate
Household discounts available—it does not require that the two policyholders live in the same house, only that you be married or living with someone over age 60
No extras or additional benefits
High percentage increase of monthly premium (year over year)
Mutual of Omaha gets to the point. All of the different Medicare supplemental insurance coverage options, including Plan F, are listed on the same page when you start your estimate process. All it needs to know is your gender, birth date, and ZIP code before generating an estimate for you. You can receive a discount if you have another member of your household that’s already covered or if they're applying for coverage as well. Unfortunately, Mutual of Omaha is recognized as a provider with high premiums and high increases year over year. Plan F rates here currently start at $162 per month, with some as high as $250.
How We Chose the Best Medicare Supplement Plan F Companies
When we began assembling the best Medicare Supplement Plan F companies and providers, the very first thing we looked at was the geographic range of service areas. The plans here are available in at least 40 states. From there, we compared prices, website ease of use, availability of information and assistance, and the overall level of coverage that comes with the plan.
How to Shop & Compare Medicare Plan F
The first step to enrolling in Medicare Plan F is to enroll in Original Medicare. Then, if you became eligible for Medicare before January 1, 2020, you can still apply for Plan F. If you became eligible after January 1, 2020, though, you are ineligible to apply for Plan F because the Medicare Access and CHIP Reauthorization Act (also known as MACRA) went into effect, phasing out Plan F for new enrollees. However, if you already have Plan F, you are able to keep your coverage.
Step 2: Determine Which Medicare Plan F Plans Are Available in Your Area
Different providers may have different plans, pricing, and coverage available if they still offer Plan F. Most providers have the ability to see estimated coverage and costs on their websites by entering your ZIP code. In some cases, they may require slightly more information (such as your date of birth) to provide you with accurate results.
Step 3: Decide If a Regular or a High-Deductible Plan F Is Best for You
Some providers offer two versions of Plan F: regular and high deductible. The main difference, as the name suggests, is the deductible amount, and beyond that, the timing of the coverage. With a high-deductible Plan F, the coverage doesn’t activate until the deductible amount is met, but in exchange, you can expect much lower monthly payments than the regular Plan F, which works the same as other Plans, with lower deductibles and higher monthly payments.
Step 4: Compare Plans and Costs
Different Plan F plans with different providers may have different costs, depending on the coverage, your personal details and situation, and your location. It’s always smart to compare different providers to get the best cost and coverage.
Step 5: Consider Talking to a Broker or Consultant
A Medicare broker or independent consultant can be an excellent resource. Not only is a broker’s service completely free to you, but they must follow very specific rules, so they are prohibited from selling you on a plan you haven’t specifically asked to hear about. Brokers have a wealth of knowledge—and in some cases better access to plans and programs—so they may be able to get you a better price.
Step 6: Sign Up
If you were eligible for Medicare before January 1, 2020, you can enroll in Medicare Plan F as you enroll in Original Medicare. You can enroll in Original Medicare during the Open Enrollment Period (September 7 to October 15 in 2020, or, if you’re going by age, three months prior to your 65th birthday, the month of your birthday, and the three months after your birthday.
What Is Medicare Supplement Plan F?
Medicare Supplement Plan F is far and away the least expensive Medicare Supplement Plan that offers the most coverage. This means it is—or was—the most popular supplement for Original Medicare, especially because Plan F covers the Part B deductible. However, as of January 1, 2020, Plan F is being phased out, making it ineligible for new enrollees unless you were eligible for Medicare before January 1, 2020. If you’re new, you can enroll in Plan G instead.
What Is the Difference Between Plan F and Plan G Medicare Supplement?
The only real difference between Plan F and Plan G is that Plan F covers the deductible for Part B, which is $198 in 2020. Plan G does not. Don’t panic; it’s not a huge difference, but it can add up. Plan G can make up for this difference by having lower monthly premiums than Part B because it’s covering slightly less, and that can save you some money in the long term.
Is Plan F the Best Medicare Supplement Plan?
If you’re looking for the most coverage possible at a very affordable price tag, Plan F is the best Medicare supplement plan. If you’re looking to save a little to get a little less, maybe not, or if you don’t have a need for the coverage Plan F provides—such as hospice or extended hospital stay coverage—then it may be better to look into other supplement plans. If you want to have all of your bases covered, though, Plan F is a good place to start.
What Is the Average Cost for Medicare Plan F?
The average monthly cost is about $100, though this depends on the particulars of your situation and personal history, as well as the provider you choose.
Does Plan F Cover Dental?
Plan F does not include dental coverage. It fills in gaps for Original Medicare, but it doesn’t expand its scope.
What Is the Difference Between Plan F and Plan F High Deductible?
As the name suggests, the biggest difference between a regular Plan F and a High Deductible Plan F is the amount of the deductible. The only difference in plan details is that the High Deductible Plan F requires you to meet a deductible before it begins covering you ($2,340 in 2020), whereas Plan F provides coverage immediately. In choosing the High Deductible Plan F, you delay your coverage until you’ve met that higher deductible, so determine carefully whether you think you’ll be needing a large amount of medical care because once your deductible is met, your monthly payments will be much lower.