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Medicare Plan G is one of the most popular Medicare Supplement plans. Seniors favor it because it offers strong coverage while being cost effective.
What Does Medicare Supplement Plan G Cover?
Medicare Supplement Plan F offers the most comprehensive coverage, but it only offers one benefit that Plan G does not. Medigap Plan G does not cover the Medicare Part B deductible.
The Part B deductible for 2019 is $185, however, the premiums for Plan G tend to be considerably less than that of Plan F. For seniors with a Plan G, this means that even after they pay their deductible they still save money. This makes Medicare Supplement Plan G the best choice for many seniors.
People that become eligible for Medicare in 2020 or later will not be able to get a Plan F. This means that Plan G will be the plan with the most comprehensive coverage available. If you currently have a Plan F and are considering switching, we can help you evaluate your options.
Medicare Supplement Plan G Standardization
Before you consider Plan G rates from different companies, you should know that Medicare Supplement plans are completely standardized. The plans, including Medigap Plan G, are standardized in the following ways:
- Benefits – You don’t have to worry about which company offers the best or most benefits. The benefits of a Plan G will be exactly the same, regardless of the company you select.
- Doctor’s Network – Medicare supplement insurance companies do not have their own doctor’s networks. Their plans are only supplements to your primary Medicare Parts A & B coverage. Your network is the nationwide Medicare network, so, you don’t have to worry about whether one company has a better doctor’s network than another.
- Claims-Paying Process – The Medicare Supplement claims process is highly automated. It is easy for you to use the coverage, and most people never see any paperwork. Once Medicare approves your claim, they will pay their portion and notify your Medigap provider of what they owe. The company must then pay the amount due per Medicare’s instructions. Due to the automation and standardization in this area, every company is equal in its claims-paying history.
Choosing a Medicare Supplement Plan G Provider
So if every Plan G is the same, how do you decide which company to choose? We recommend that our clients check the AM Best rating, and select the company that offers the best rate. GoMedigap agents only work with top-rated companies, and pride themselves in finding the lowest rates for their clients.
That’s one reason so many Medicare recipients turn to GoMedigap. We care about educating our clients through the buying process and provide rates from over 30 providers nationwide. This ensures that you’ll know what you’re buying, and have the choices available to find the best value.
When Can I Get Medicare Supplement Plan G?
Most people sign up for Plan G during their Open Enrollment, the 6 month period before they turn 65. Seniors that currently have a Medigap plan can apply to switch carriers or plan letters any time of the year. Changing your carrier can save you money, which is why we have a Rate Watch Team that works to keep our clients’ rates low. If you have a question about eligibility or timeframe, your GoMedigap agent can help.
Work with an Expert
Medicare can be confusing. At GoMedigap, we are dedicated to providing the best service. Our experts will assess your situation, and help you sign up for the coverage of your choosing. We work with top-rated carriers, including AARP, Cigna, and Mutual of Omaha. To see how we can help you, give us a call today at 866-894-3258.