There are two Medicare Supplement Plans that come in a high-deductible option.  Those are Plans F and J.  Medigap Plans with the high deductible option do not begin to pay until the insured has personally paid $1, 730.  This amount is the 2005 deductible which can be raised each year.

The advantage of the high deductible policy is that the premiums are lower.  The disadvantage is that the policy does nothing until you have personally met the deductible.  This could make the out of pocket cost much higher than if you had a standard Plan F or J if you had a lot of medical expenses.  The foreign travel deductible of $250 for Plans F and J and the RX deductible of $250 for Plan J do not apply towards the high deductible amount.