Our Trusted Medicare Supplement Carriers
Medicare Supplement Plan G
The Medicare Supplement Plan G (also referred to as Medigap Plan G), is the second most comprehensive Plan that you can choose. The Plan G will pay all of the copays, deductibles, and co-insurance that original Medicare does not pay except for the Medicare Part B Deductible. For 2018 the Medicare Part B Deductible is only $183.00. So once you have paid the first $183.00 of your Doctor bills, you will have no more out of pocket costs for the remainder of the year.
With a Plan G, you will be able to go to any Hospital, Doctor or Provider that accepts Medicare. You will not need any referrals to see a Doctor.
Medicare Supplement Plan G offers a better value compared to Medicare Supplement Plan F:
On average the Medicare Supplement Plan F is $500 to $900 dollars more expensive than the Medicare Supplement Plan G. The only difference in coverage between the Plan F and the Plan G, is that Plan G requires you to pay the Medicare Part B annual deductible. The 2018 Medicare Part B Deductible is $183.00. It does not make sense for you to pay your Medicare Supplement Plan Carrier $300 to $600 dollars more so that they can pay your $183.00 dollar deductible?
Medicare Supplement Plan G will save you money!
Medigap Plan G: A Small Deductible = Big Savings
Medicare Plan G, also called Medigap Plan G, is an increasingly popular supplement for several reasons.
First, Plan G covers each of the gaps in Medicare except for the annual Part B deductible. This deductible is only $183. If you shop rates at Boomer Benefits, we can often find a supplement Plan G that saves quite a bit in premiums over Plan F, substantially more than $183. You pocket the difference.
Second, it has great coverage. For hospital stays, it covers all your hospital expenses. Most importantly, it pays the $1340 deductible that you would normally owe for any hospital stay in 2018.
For outpatient care, Medigap G covers all but the first $183 in expenses, which is the Part B deductible. You will pay that the first time you have outpatient care for that year. After that, Supplement G covers all the remaining expenses. Medicare will pay 80% of your outpatient costs and your supplement will pay the other 20%.
If Medicare Supplement G is considerably cheaper than Plan F in your area, then it makes sense to purchase it. You will pay the Part B deductible once per calendar year, but the annual savings in premiums can offset that by several hundred dollars.
Why You Should Consider Medicare Supplement Plan G
Lower premiums are a great start, but there is another reason why Medicare Plan G has become a consumer favorite. It is because Medigap Plan G is also a long-term rate saver. Medicare supplemental Plan G has a lower rate increase trend from year to year than Plan F.
In recent years, we’ve seen Medicare Plan G sometimes have an increase of 3% or less with some carriers. This is considerably lower than the rate increases from year to year on Plan F.
What’s more – if you are switching from a Plan F that has already paid your Part B deductible for the current calendar year, you won’t be subject to that deductible until next year.
Hurray for Medicare Supplement G!
Gotta get Plan G? Get in touch with us today: our licensed agents can explain how this policy often keeps premiums lower over the long term. We can also check Plan G rates for over 30 carriers for you to see who offers the lowest rates for Medicare Plan G in your area. What’s more: if you enroll through us, it costs you nothing but you’ll have access to our stellar Client Service Team if you ever run into a problem, such as miscoded doctor bills and Medicare denials.
Contact Senior Healthcare Direct, MedicareBob’s office now to request a rate analysis for Medicare Supplement G policies in your area. We’d love to show the potentials savings that this supplement can put back into your pocket! Call today: 1-855-368-4717
Post- note: Because Medicare terminology uses the words Parts and Plans, you will sometimes hear people refer to Part G, or Medicare Part G plans. For example, people ask us: “What is Medicare Part G?” or “What does Part G cover?”
Insurance agents will usually know what you mean when you ask about Part G, but Plan G is the correct terminology. Here’s an easy way to remember how to use the right terms. Only Original Medicare itself has Parts and there are only four parts – A, B, C and D. So there is no such thing as Medicare Part G! All Supplement insurances, on the other hand, are called Plans. So instead of saying Medicare Part G say Plan G, and you’ll be using the correct wording. Hope that helps you!
What our customers are saying..
As I was turning 65 years old, I started asking my friends which insurance plan I should choose. Most of them told me to choose a Plan F, so I did. A year later, one of my girlfriends from church told me to call “MedicareBob” and ask about the Plan G. I laughed , but did as she asked. I called and spoke to Robert, and I found out that the Plan G offers the same coverage as the Plan F except for one difference. The Plan G required me to pay the Part B deductible. Robert showed me that I could save $600.00 a year with the Plan G.Thank you MedicareBob! - Linda C., Happy Medicare Supplement Client since 2013 I had Blue Cross Blue Shield for over 30 years while I was working, so when I turned 65, I just called them. I was happy with the coverage that the Medicare Supplement Plan F with Blue Cross offered, but the monthly payment was just getting to be too high. Senior Healthcare Direct helped me understand that I was paying Blue Cross Blue Shield too much money for my Plan F. I now have the same Plan F with Aetna and I am saving $1200 per year. I am 70 years old, that savings really helps. - Ronald B.,Medicare Supplement Client since 2012