Introduction to New Medigap Plan G
For many years now, the Plan F Medicare Supplement has been the top selling plan. Because of the Medicare Access and CHIP Reauthorization Act of 2015, the Plan F will no longer be available for sale for people who turn 65 in 2020 and thereafter. People who have a Plan F in force at that time can keep their current plan or switch to another Plan F with a different company, but they may not want to. Here’s why: Introduction to new Medigap Plan G As history has shown with other plans that have been eliminated in the past, Medigap enrollees canContinue reading
Should You Still Enroll in Medicare Supplement Plan F?
For years, conventional wisdom in senior insurance said that if you were going to purchase a Medicare Supplement plan, Medigap plan F was the way to go. But is purchasing Plan F now a smart move considering it will no longer be issued to new enrollees as of 2020? Should You Still Enroll in Medicare Supplement Plan F? What is Medigap? Medigap is actually a nickname for all of the lettered Medicare Supplement plans. They are designed to pay some or all of the fees not covered under Original Medicare. Medigap pays the fees or "gaps" that Original Medicare typically requiresContinue reading