“Part N” is incorrect terminology. “Parts” only refer to Original Medicare (Parts A and B), Medicare Advantage plans (Part C) and prescription drug plans (Part D).
Yes, Plan M is available for all Medicare beneficiaries to enroll in.
As with every other aspect of Medicare, the answer to that question depends on your healthcare needs and budget. The difference between the two plans involves the cost-sharing portion. Plan M requires 50% cost-sharing for the Part A deductible and Plan N requires copays for Part B.
If you turned 65 prior to January 1, 2020, you may be able to move to Plan F. However, if you do not have guaranteed issue rights, you will have to first pass medical underwriting.
Individuals can enroll in Plan M as long as they have already enrolled in Original Medicare – Parts A and B. The best time to enroll is during your open enrollment period, which begins on your Part B effective date. Beneficiaries will have six months from that day to enroll in a plan with guaranteed issue rights. After that time frame, enrollment may be declined based on an individual’s health history.
Neither Plan M nor any other Medicare supplement plan offer benefits for routine vision exams or eyeglasses. Medicare beneficiaries who enroll in a Medicare supplement should consider enrolling in a separate Dental, Vision, Hearing (DVH) plan.