How many standardized Medigap plans are available?

There are ten standardized Medigap plans available, which are designed to help cover costs that Medicare does not fully cover. Each of these plans is labeled with a letter from A to N, with each plan offering a different set of benefits. This standardization allows consumers to easily compare the benefits and costs of different Medigap policies across various insurance providers.

The plans are made available regardless of which state you are in, although the specific availability of certain plans can vary by state. The names of these plans, like Plan A, Plan B, etc., all have defined minimum benefits outlined by the federal government, ensuring that a Plan G from one insurer covers the same benefits as a Plan G from another insurer. This standardized approach is essential because it helps consumers make informed choices about their supplemental health insurance without being overwhelmed by vastly different policy terms and coverage options.