If you are familiar with Medicare Supplement Plan F, you should also be educated on Plan G.
There is only one difference in the two plans: Plan F covers the $147 Part B (Medical Outpatient) Deductible that Medicare does not cover, and Plan G does NOT cover this $147 annual deductible. This is the only difference between the types of Supplement Plans and Plan G could generally save you hundreds of dollars per year. Here are two examples based on Aetna Health and Life Insurance non-smoking rates in PA (zip code 19154) Example 1: 65 Year-Old Female
Example 2: 70 Year-Old Male
If you are on a Plan F and have no major health problems, give us a call now at 856-866-8900 (or 908-272-1970) and we can see if we can save you hundreds of dollars per year.
17 Comments
Frank R Kovilaritch Jr
8/5/2016 10:09:23 am
Can I just wait( cause I have plan F), until 2019 and get plan G then or will I have to answer the med. question and be disqualified
Reply
Justin Lubenow
8/5/2016 12:44:57 pm
Hi Frank,
Reply
Suzanne Smithson
11/8/2016 08:41:36 pm
I, too, have a Plan F. I was told y my present insurer that if I stay with Plan F, I can be grandfathered into the plan in 2020. Or, I can switch to Plan G or any other plan that is offered through them without having to go through an underwriting process/questionnaire, since it's considered a downgrade from Plan F. At the present time, said company does not offer Plan G in the state of Georgia.
Justin Lubenow
11/8/2016 08:48:41 pm
Hi Suzanne- we have heard some companies that will verbalized a rule, like you can downgrade (e.g. F to G) with no underwriting if you are just moving within the same carrier. We have also even heard of carriers verbalizing that you can upgrade (e.g. Plan N to Plan F) with no medical questions. However we have never seen this put in writing by a carrier and I would be weary to trust a "verbalized" rule that isn't documented anywhere. You should ask if they could send you a letter/email indicating that you could change at any time without medical questions.
Reply
P R Hurst
11/19/2016 01:37:15 am
Plan C also changes then right.? Is situation same as with F?
Reply
Justin Lubenow
11/19/2016 07:18:00 am
Hi there,
Reply
P R Hurst
11/19/2016 11:21:59 am
I am 69. Humana ended my Advantage plan for 2017. Good riddance. Have GI. F is dead. Evidently C is also. Can't get G with my Insulin dependency. What's my best option? AARP/UHC will give me N in KY for $121 honoring my GI (so they say) OR I'm thinking of starting a nationwide
UncleJr
2/1/2018 05:49:53 pm
I agree medicare is a crime. Taking 300 to $400 a month from seniors. I hear Bill Gates and Amazon are doing there own medical program soon for seniors. Cheap. I am going on medicare being forced on due to my SSDI, WILL I ALSO HAVE TO MEET THAT TIME LINE TO NOT ANSWER MED. QUESTIONS?
Reply
Justin Lubenow
2/1/2018 05:56:19 pm
After 24 months on SSDI, you become eligible for Medicare. Then, you are given a 6 month Medigap Open Enrollment period which means you can get a Medigap (aka Medicare Supplement) Plan with no medical questions. After that 6-month period, you would need to go through Medical UW to get a Supplement. When you Turn 65, you will get another 6-month Medigap Open Enrollment period with no medical questions. You can call me with any additional questions -908-481-5651
P R Hurst
11/19/2016 11:24:47 am
Postscript:
Reply
2/24/2017 07:04:31 pm
I am a 74 yrs old woman, non smoker and in very good health. I enrolled in medigap plan F last Nov but find it too expensive .
Reply
Justin Lubenow
2/24/2017 07:20:22 pm
Hi JoEllen,
Reply
Carmela Bonfrisco
8/23/2019 05:20:16 pm
My husband and I currently have Plan F through Untied Healthcare. Am I correct in understanding that if we attempt to switch from Plan F to Plan G, we will have to answer medical questions? Also, can we be disqualified from switching if we have too many medical concerns?
Reply
Justin Lubenow
8/26/2019 03:22:02 pm
Hi Carmela,
Reply
1/11/2022 09:40:26 pm
I blog frequently and I seriously want to thank you for the detailed information. This article has piqued my interest. I’m going to take a note of your site and keep checking for new information about once per week.
Reply
It got me when you said that we can actually save hundreds of dollars per year when we opt for the Medicare supplemental insurance plan G. I will suggest this to my uncle who actually mentioned his interest in this option. It seems that it is something that he wants to invest in so that his kids, my cousins, will not be worried about his needs in the future.
Reply
2/7/2023 02:58:40 pm
It's helpful to know that we'd save money on our insurance plan by understanding each plan's fees. In a few months, my uncle will need to choose a Medicare plan for his healthcare needs, so before he spends a lot of money on the wrong one, I'll suggest he reads your insight. I appreciate your advice on finding a plan that covers your deductible.
Reply
Leave a Reply. |
Justin LubenowSee bio here Categories |