Medicare High Deductible Plan G
High Deductible Plan G was once just a rumor, something we heard about through the grapevine. Now, Medicare Supplement High Deductible Plan G is here! Let’s discover more about this brand NEW plan option!
What is High Deductible Plan G?
The High Deductible Plan G is available as of January 1, 2020. The policy is open to both current beneficiaries and new to Medicare individuals.High Deductible Plan G requires the beneficiary to pay the Part B deductible but, that amount applies towards the plan’s total deductible. The total deductible is $2,340.
So, essentially, the policy is the same as High Deductible Plan F.
Medicare Supplement High Deductible Plan G Comparison Chart 2020
High Deductible Plan G is Ideal for Those Who:
- Rather have a high deductible plan with a lower monthly premium
- Semi-frequently see the doctor or end up in the hospital
- Reside in states that allow excess charges
- Enjoy traveling outside the U.S.
High Deductible Plan G Eligibility
Let’s say Gary is eligible for Medicare in February 2020. If Gary was eligible for Medicare before 2020, then he would’ve been eligible for High Deductible Plan F too. But, since he’s newly qualifying, he’s only eligible for High-Deductible Plan G.
How to Enroll in High Deductible Plan G
The best policy for you depends on many different factors, such as location, eligibility, and health condition. Many seniors select standard Plan G; but, some may find the lower premium of the high deductible policy is more valuable.
The easiest way to ensure you have the most suitable coverage is to consult a Medicare Expert. Our agents here can help you navigate through the murky waters of Medicare.
They simplify the process by asking you a couple of questions to identify the best coverage options. Then, once you select the best policy, they can walk you through the application over the phone.
Call the number above or fill out an online rate comparison form to discover your most suitable coverage.