Medicare Supplement Plan G 2020
Any seniors wanting a lot of coverage from their supplemental insurance plan at a good price should consider Medicare Supplement Plan G 2020. This is a high coverage plan that works perfectly alongside Original Medicare to offer a powerful set of coverage and leaves you little to pay on your own.
Plan G covers many common and essential medical expenses, and we will list those for you as well as tell you how you can sign up for this plan and how you can save money on Plan G for the coming year.
Here Is What Plan G Covers
Let’s talk about what kind of medical expenses Plan G will be taking care of for you. This is a high coverage plan, so it offers a lot of supplemental coverage. The only supplemental expense it will not cover is the $185 annual Medicare Part B deductible. It covers everything else that falls into the Supplement category, so let’s list them here:
Medicare Part A annual deductible
Medicare Part A hospice cover
Medicare Part A inpatient copayments
Medicare Part B excess charges (for when the healthcare provider does not fully accept Medicare)
Medicare Part B outpatient copayments
Foreign travel exchange (with a lifetime coverage of $50,000)
Three pints of blood (and the rest being covered by Medicare)
Plan G is the highest coverage plan you can get as a new Medicare subscriber, and it covers just about all the gaps that Original Medicare leaves for you. Because it covers so much, it will usually not be compatible with a medical plan from your employer or union, in most cases. Plan G works fine with Medicare Part D, which is a drug coverage plan. It does not cooperate with Medicare Advantage, though, so you will have to decide between one or the other there.
How Much Will You Pay for Plan G?
The cost of the Medicare Advantage plans is determined by private insurers. Even though Medicare designed the plans, the private insurers get to set the prices. This means that Plan G will be priced differently from one insurer to the next. It is also priced differently based on where you live. Plan G always gives you the exact same coverage, regardless of price or your location, but the cost will be very different from one insurer to the next.
You can check the rates for Plan G here on our site. We will give you local, accurate rates that are relevant to you. There isn’t a quicker or more efficient way to find out what the rate is for Medicare Supplements like Plan G than to use our site.
When you compare rates, you get a chance to save money. It’s so much smarter to source the rates for these plans and then make a decision based on your options than to blindly go with the first rate that looks good to you. How do you know if you are getting a good deal on Medicare Supplement Plan G 2020 unless you have looked at a few different prices for that plan?
When you are trying to pick out the right version of this plan, keep in mind that there are other factors you might want to consider. You should think about how stable the company is that is selling you the plan. This can determine how likely they are to keep similar rates from year to year or to drastically increase their prices.
You should also consider the perks that the insurer offers you for being a member. Some of them will add on perks like gym memberships, medical discounts and other services without any extra charge to you, and those kinds of things can really help you out. Take a look at the individual websites for these companies and consider even giving them a call to find out more about what they offer on top of the base coverage for their plans.
Are You Eligible for Plan G?
Plan G eligibility is pretty simple. If you are eligible for the basic Medicare plan, then you will also be eligible for Medicare Supplements, in most cases. You can sign up for both at the same time, if you like, but you will need a Medicare plan in order for your Supplement plan to be valid. The Supplement plan simply does not work without the Original Medicare plan providing its coverage as a complement.
You need to be 65 years old to qualify for a Supplement plan or for Medicare, in most cases. If you have a qualifying medical condition, such as a disability, then you can get Medicare earlier. If you are not sure if you qualify or would like to know more about the medical conditions that help you qualify early, then contact us or a Medicare agent.
Is Plan G Your Best Choice?
You should be careful about what medical insurance plan you sign up for. Not all of them will be right for you, and even though many seniors save money each year with Medicare Supplement Plan G, it isn’t always the right choice for everyone. This is a high coverage plan, and that means that if you visit the hospital or doctor infrequently, then you may not need something as robust and extensive as this insurance plan. You may be better off with something more limited and lower coverage. There are lots of other options out there, including other Supplement plans.
If you feel overwhelmed by all the choices, then please get in touch with us. We would be happy to help you figure out what your choices are and what you are eligible for and point you toward the right kind of coverage plan for your needs.
Medicare Supplement Plan G 2020 is a great way to cut some costs and to feel peace of mind about personal medical care for the coming year, but you want to be sure it is right for you. Take time to use our site and compare prices and coverage until you find the insurance policy that is perfect for you.