It might surprise some Medicare subscribers to know that there are no definitive best Medicare Supplement Plans for 2018. Some people think that one plan is better than others or they may hear that some plans are more popular. While it is true that most people who purchase Medicare supplement plans (called Medicare Supplement Plans plans) do prefer Plan F, even that plan cannot be called the best plan.
In fact, Plan F may be one of the worst plans for most Medicare subscribers. That’s because the amount of coverage it offers is not usually congruent to how much it can cost. You can actually get a much better deal by choosing Plan G instead, if you really do need all the coverage being offered. Now Plan F has its merits, and there are people for whom the plan is ideal, but those people are few and far between.
What it boils down to is that you cannot just pick out a plan and say that it is the best one. No plan can carry that label truthfully, because each plan can be someone’s best plan. Plan F is someone’s perfect supplement plan, just as Plan G and Plan N and all the others are. These plans are designed for people with all sorts of different needs, and what works for one person may be a terrible idea for someone else.
As you pick and choose the best Medicare Supplement Plans plans for 2018 for you, you should be aware of the differences between the plans. They all come with a different set of coverage. There are tons of overlapping coverage items among them, but no two plans have the same exact coverage. Here is what you can expect to have covered by the various plans:
- All co-payments, both for Medicare parts A and B
- The Medicare Part A and Part B deductibles
- Excess charges for Medicare Part B
- Three pints of blood more for every year you have the plan
- Hospice care
- Nursing services
- As much as 80% of emergency healthcare services in countries outside the US
Some of the plans will only cover portions of these items. For instance, Plan N only covers the majority of the Medicare Part B co-payment. You may still have to make small co-payments of $20 or $50 for certain types of visits to healthcare facilities. You need to be aware of all the fine print and restrictions for each plan. There is a reason there are ten different plans, and that reason is because the coverage differences between them can be very minor. But those minor differences may really add up over time, resulting in great savings for you or a loss of money.
It’s up to you to figure out which plan is going to be the best one for you. Your doctor can help you determine what kind of health needs out ought to try to cover. Your insurance agent can assist you in choosing the right plan and coverage. But ultimately, it falls to you to decide on the best Medicare Supplement Plans for 2018. You’ll want to choose with care, as it can turn costly if you need to change up plans at a later date.
Compare the Best Medicare Supplement Plans for 2018
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