Medicare Supplement Plan M is one of the Medigap plans available in most states. It may not be as publicized as other plans, but it can be a smart choice for an individual whose finances match up with the coverage offered. If you came looking to get quotes for Medigap plan M, or any of the other available plans, use the form on the side of this page.

The following is an explanation of Medicare Supplement Plan M and why it might be right for you.

Expanded Coverage

There are nine coverage gaps left by Medicare Parts A and B. Medigap Plan M covers six of them completely and another partially.

Medicare Plan M doesn’t cover:

  • Medicare Part B’s $147 Deductible
  • Medicare Part B Excess Charges

The annual deductible is $147. This means that if you visit your doctor or have an outpatient procedure, you’re responsible for the first $147. Medicare Supplement Plan M covers the rest. There are times when your health care provider will charge more than the Medicare-recommended amount. Medigap Plan M doesn’t cover these excess charges, making you responsible for the difference.

Medicare Supplement Plan M only covers 50%, which is Medicare Part A’s deductible. Part A covers health services you receive and admission into the hospital. Its deductible is $1,184. With a Medigap Plan M you would only be responsible for the first $572. Your supplement would pay the difference.

The question most frequently asked is “Why would an individual choose this when they can have Plan N and get better coverage?” The answer depends on the cost of your premiums.

How much does Medigap Plan M cost?

As with all Medigap Plans, there is a monthly premium. The more coverage you get, the more expensive it will be. Anyone with Medigap Plan N will automatically pay more. Medicare Supplement Plan M’s premiums are low enough so that you can take on the extra costs and it will still be a good choice.

For example, a woman who was in good health saved $40 a month by choosing Medicare Plan M. After the Part B deductible, she had an annual savings of $333 with Plan D. Even if she was admitted to the hospital once every other year, she’d still be saving money over Plan N.

Medicare Supplement Quotes

That is why it is important to have an agent help you look at the big picture when it comes to Medicare Supplements. Medicare Supplement Plan M may or may not be right for you. The key is to get multiple quotes. Talk with one of our agents today, and we’ll help you decide.

by Lindsay Malzone, Lindsay Malzone is the Medicare expert for She's been contributing to many well-known publications as an industry expert since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.