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What is a Medicare Advantage Plan? Robert Bache, MedicareBob explains how a Medicare Advantage Plan works. If you would like help from the experts at Senior Healthcare Direct, call 1-855-368-4717. It is easy to compare plans, visit:
We helped thousands of people on Medicare and people that are aging into Medicare, including those who lost their employer retiree healthcare benefits. People from Boeing, AT&T, and now GE Retirees…we can show you the BEST options available in your area for Medicare Supplement Plans, at the lowest premiums. And Medicare Supplement Plan G for 2016 is definitely a great option, especially over Plan F.
Are you just turning 65 and wondering what the best Medicare Supplement plan is? Many agents will tell you it's Plan F. They'll say it's the best plan because it covers everything 100%. While this is true, they're not writing the check for the monthly premium each month for you, are they?
You need to look at all of your options, and Medicare Supplement Plan G is always always a better choice than Plan F. Medicare Supplement Plan G is almost identical to Plan F except for one small deductible.
In fact Plan G is becoming increasingly popular, and my guess is that more and more people turning 65 will end up on Medicare Supplement Plan G even over Plan F. And although nothing is written in stone yet, it is quite likely that if the government does decide to make any major changes to Medigap plans they will likely first go after plans that offer what is called "first dollar coverage". This means Medicare Supplement Plan F and Plan C, as these plans begin paying 100% the very first day people get enrolled. This becomes quite costly for everyone if people start visiting their doctor for every little health problem.
So why choose Medicare Supplement Plan G? You'll save money on Plan G! Not only are the premiums lower, but the rate increase each year average far less than Medigap Plan F. Even after you pay the Part B deductible yourself you almost always end up saving money with Plan G. In some cases the savings are incredible. For instance with people age 70 and above in many zip codes you can save hundreds of dollars per year by going with Medicare Supplement plan G rather than Plan F.
Learn why Medicare Supplement Plan G could be your very best choice for a Medigap plan and what it might cost you if you go with Plan F. One important thing to remember is that regardless of which Medigap plan you choose, each insurance company has the exact same benefits and coverage for each plan letter. This means a Medicare Supplement Plan G from Aetna has the same benefits of a Plan G from AARP.
This is because the plans are standardized by Medicare, who chooses what each plan's benefits will be. That however, is where the similarities stop. That's because each insurance company is allowed to charge different monthly premiums for the exact same plans and benefits. This means if you choose the wrong company it could end up costing you hundreds or thousands of extra dollars per year!
Don't get caught paying too much for Medicare Supplement Plan G. Learn what the best way to shop for a Medicare supplement plan is, and how to choose properly.
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