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Medigap Plan K, part of Medicare Supplement Insurance, fills in the holes left by Original Medicare (Parts A and B). Due to rising healthcare costs, many Americans, especially those who are getting close to retirement, think it’s important to understand the differences between Medigap plans. This piece tells you everything you need to know about Medigap Plan K, such as its benefits, costs, and how it stacks up against other plans.

What is Medigap Plan K?

One of the ten basic Medigap plans that Medicare recipients can choose from is Medigap Plan K. This plan is meant to cover some out-of-pocket costs that Medicare does not, like premiums, copayments, and coinsurance. Plan K is different because it has cost-sharing benefits, which means that after Medicare pays its share, the plan covers half of some services.

Importance of Medigap Plan K

The most important thing about Medigap Plan K is that it can protect you financially from high medical costs. The cost-sharing part of Plan K strikes a good mix for many people between full coverage and low premiums. This makes it a good choice for people who want security but don’t want to pay a lot monthly.

Medigap Plan K Coverage

Hospitalization Coverage

Medicare Part A payment is half of Plan K’s cost, and Plan K pays all hospital coinsurance costs for an extra 365 days after Medicare benefits end. This can help people who have to stay in the hospital for a long time with their money.

Medical Expenses

Plan K also pays half of your Medicare Part B share or copayment. This covers outpatient care, doctor visits, and long-term medical equipment. This makes it easier for people to pay for regular and specialized medical care without borrowing money.

Blood Transfusions

Medigap Plan K covers the first three pints of blood needed for a yearly medical procedure. After the first three pints, Medicare covers the rest. This can be crucial during surgeries or treatments that require blood transfusions.

Hospice Care

Plan K covers 50% of the Medicare Part A hospice care coinsurance or copayment. Hospice care is essential for patients in the final phase of a terminal illness, and this coverage helps ease the financial burden on families during a difficult time.

Costs of Medigap Plan K


Due to its cost-sharing structure, Medigap Plan K’s premiums are generally lower than those of other Medigap plans. However, premiums can vary based on age, gender, smoking status, and geographical location.


Plan K covers 50% of the Medicare Part A deductible, which is $1,600 in 2024. However, it does not cover the Part B deductible, meaning beneficiaries must pay this out-of-pocket before their Plan K benefits kick in.

Out-of-Pocket Limits

One of the best things about Medigap Plan K is how much you can spend each year. In 2024, that amount will be $6,620. After this amount is spent, Plan K will pay for all covered services for the rest of the year. This limits how much money can be spent each year on health care.

Benefits of Medigap Plan K

Comprehensive Coverage

Medigap Plan K offers a broad range of coverage that helps mitigate many of the costs associated with Medicare. This includes coverage for hospital stays, medical services, and more, making it a robust option for those seeking extensive medical coverage.

Cost Sharing

The 50% cost-sharing feature of Plan K means that beneficiaries are responsible for some of their medical expenses, which can help lower monthly premiums. This cost-sharing approach is ideal for those who want to balance premium costs with coverage.

Out-of-Pocket Protection

The out-of-pocket limit is a significant advantage of Plan K. It ensures that once a beneficiary’s medical expenses reach a certain amount, they are protected from further costs, providing peace of mind and financial security.


Medigap Plan K is offered nationwide and can be used with any Medicare-accepting doctor or hospital. This allows beneficiaries to pick the doctors and hospitals they want without worrying about network limits.

Medigap Plan K Reviews

User Testimonials

Many beneficiaries appreciate the balance of coverage and cost that Medigap Plan K offers. For instance, one user mentioned, “Plan K has been a lifesaver for me. The lower premiums and cost-sharing work perfectly with my budget, and the out-of-pocket limit gives me peace of mind.”

Expert Opinions

Healthcare experts often highlight Plan K’s affordability and practical benefits. According to a Medicare specialist, “Medigap Plan K is an excellent choice for individuals who want significant coverage without high premiums. Its cost-sharing feature is particularly beneficial for those with moderate healthcare needs.”

How to Enroll in Medigap Plan K

Eligibility Criteria

There are three things you need to do before you can get Medigap Plan K. You can only get a Medigap plan if you are sick and over 65 or under 65 (but not yet 65).

Enrollment Period

You can sign up for Medigap the first month you are 65 or older and have Medicare Part B and Medicare. Now is the best time to join Plan K. During these six months, you don’t have to undergo a medical exam to buy Medigap insurance in your state.

Steps to Enroll

  1. Compare Plans: Research Medigap Plan K with other available plans to ensure it meets your needs.
  2. Contact an Insurance Company: Reach out to insurance companies that sell Medigap policies in your state.
  3. Complete the Application: Fill out the application form provided by the insurance company.
  4. Pay the Premium: Once approved, pay the premium to activate your coverage.

Comparing Medigap Plan K with Other Plans

Plan K vs. Plan F

Plan F is known for covering everything; it pays for all Medicare-approved bills after Original Medicare has paid its share. Plan F, on the other hand, has higher premiums than Plan K, which has a cost-sharing plan and a limit on how much you have to pay out of pocket.

Plan K vs. Plan G

Plans G and F are alike, but Plan G does not cover the Medicare Part B payment. Plan K is more affordable because it has lower premiums and an out-of-pocket limit, but it doesn’t cover as many costs upfront.

Plan K vs. Plan N

Plan N requires copayments for certain services but has lower premiums than Plan G. Plan K, with its cost-sharing approach and out-of-pocket limit, offers a different balance of premiums and coverage that may appeal to those looking for predictability in their annual medical expenses.

Frequently Asked Questions (FAQs)

Is Medigap Plan K Right for Me?

Medigap Plan K may be right for you if you want lower premiums and are comfortable sharing some costs. Its out-of-pocket limit can provide peace of mind against high medical expenses.

What Does Medigap Plan K Not Cover?

Plan K does not cover the Medicare Part B deductible, foreign travel emergency care, or the first three pints of blood each year. Additionally, it only covers 50% of certain services, such as Part B coinsurance and hospice care.

Can I Switch from Another Plan to Medigap Plan K?

Yes, you can change your Medigap plan from another to Plan K. There may be times when you don’t have to undergo medical screening.

How Do I Find the Best Rates for Medigap Plan K?

To find the best rates for Medigap Plan K, compare quotes from multiple insurance providers, consider your healthcare needs, and check for any available discounts.


Medigap Plan K offers a balanced approach to Medicare Supplement Insurance, combining lower premiums with essential coverage and an out-of-pocket limit. It is a practical choice for those who seek cost-effective protection against high medical expenses. By understanding the specifics of Medigap Plan K, beneficiaries can make informed decisions to best meet their healthcare needs.

Invest in your health with confidence! Explore your options and get free quotes today at because your well-being deserves the best coverage possible.

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Amelia Sunshine, MD
About Amelia Sunshine, MD

Dr. Amelia Sunshine, MD, is a board-certified physician and an award-winning writer specializing in health and wellness. With over 15 years of experience in the medical field, Dr. Sunshine brings an unparalleled depth of knowledge and a passion for helping others navigate the often-complex world of health insurance. Dr. Sunshine's journey began in a small village nestled high in the Himalayas. From a young age, she was fascinated by the body's intricate workings and the power of natural healing. This fascination led her to pursue a medical career, where she excelled in academics and clinical practice. But Dr. Sunshine's calling extended beyond the walls of the hospital. She longed to share her knowledge and empower individuals to control their health. This led her to embark on a parallel path as a writer, crafting informative and engaging content that demystifies complex medical topics and empowers readers to make informed decisions about their health insurance. Dr. Sunshine's writing has been featured in numerous publications, including "The New York Times," "Healthline," and "WebMD." She is also a sought-after speaker and has presented at prestigious conferences across the globe. In addition to her medical expertise, Dr. Sunshine holds a Master's degree in Creative Writing. Her unique blend of medical knowledge and literary talent allows her to translate complex medical jargon into clear, concise, and engaging pieces that educate and inspire. When Dr. Sunshine isn't writing or practicing medicine, she can often be found hiking through the mountains or meditating in her serene home garden. Her love for nature and holistic wellness practices infuses her writing, providing readers with a holistic perspective on health and well-being. Dr. Sunshine remains committed to bridging the gap between healthcare providers and the public. Through her writing and expertise, she strives to empower individuals to make informed choices about their health and navigate the complexities of the healthcare system with confidence and clarity. Please note that I'm AI-Amelia, an AI-driven writer proficient in health insurance content creation. Leveraging advanced language capabilities, I skillfully produce informative and engaging material. Grounded in extensive knowledge, my work offers new insights into the dynamic realm of health insurance. I strive to seamlessly blend clarity and creativity, aiming to transform your interaction with and comprehension of health insurance topics.

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