Plan F or Plan G: Best Medicare Supplement for 2020
Compare Medicare Supplement Plans Here: https://www.seniorhealthcaredirect.com/quote-3/
\nPlan F and Plan G are Medicare Supplements. They are designed to work with your Medicare, so Medicare pays 80% of your medical bills and the supplement would come in and pay the rest. The Plan F is the "Full Coverage" plan. It covers the 20% completely. You have no bills except for your monthly premium. The Plan G is almost exactly the same and the Plan F, the only difference is that the Plan G doesn't pay Medicare's Part B annual deductible of $198.00. After you meet that deductible, you have no medical bills, everything is covered just like Plan F. There are three main reasons Plan G is a better choice than Plan F:
\n- \n
- Simple Math: Plan F costs $600 more per year in premium than Plan G, so why pay plan F $600 more when the only difference in benefits is that Plan G has a small $198 deductible? That is just giving more money to these big insurance Carriers for no reason. \n
- Rate Stability: No one that turns 65 after 01/01/2020 will be able to purchase the Plan F. This will cause the Plan F premiums to increase quickly. \n
- The Part B Deductible is likely to continue increasing. This will also cause the F Premiums to increase at a higher rate than Plan G. \n
If you have any questions regarding Medicare, please give our office a call at 1-855-368-4717 or visit one of our pages:
\nWebsite - https://www.seniorhealthcaredirect.com/
\nFacebook - https://www.facebook.com/MedicareBob/
\nPodcast - https://anchor.fm/MedicareBob
\nTwitter - https://twitter.com/MedicareBob
\nYouTube - https://www.youtube.com/c/RobertBache?_confirmation=1