It is vital that everyone on Medicare look at rates and coverage for Medigap Plans in 2016. These plans can change, although not frequently, however the premiums from each company do change and vary widely from each carrier. You owe it to yourself to shop the rates each year to be sure that you’re paying the lowest premium that you qualify for. We make it easy for you!
Medigap Plans for 2016
Now we have detailed listings of all the coverage for the plans you want in 2016 and beyond. We keep our information updated as constantly as possible to make sure that you always have the most recent coverage details. Rates and coverage for each plan is different, and it’s a good idea to know what you are getting into before you sign up for a plan, continue with the same plan for the next year or change your plan.
We also urge those who are signed up for Plan F to look for more economical options each year. Plan F provides some incredible coverage, but it is also the most expensive. Many people could be saving money by switching to a plan that costs less and has less coverage.
Now the coverage in these plans is not going to change for 2016. But that doesn’t mean that it will always stay the same. Coverage has changed for these plans in the past but Plans F, G, and N still remain the most popular.
Medigap Plan G in 2016
One of the plans that could save you money is Plan G. This one won’t cost you as much as Plan F, but it has nearly identical coverage. What you lose in coverage you make up for in reduced costs each year. The only difference you can find in the coverage that these two plans offer is that Plan G requires you pay the Medicare Part B deductible yourself each year. This deductible should be around $147 for all Medigap Plans in 2016. It could change from year to year, so it’s a good idea to keep checking back with us until you actually purchase your supplemental plan.
But as you can see, that deductible isn’t very expensive for a medical bill. If that’s all you have to pay, and you only have to pay it once per year, then you will definitely be saving money with Plan G over Plan F in most areas due to the lower premiums. Plan F is 100 percent coverage but it might not be the best for everyone. The majority of people would be wasting their money with Plan F. Sure it is nice to have that complete coverage, but you also have to consider how much you are paying out each year for premiums just to have the plan pay one deductible for you that you could do yourself.
Save Money by Getting Quotes!
Supplemental Medicare plans should be helping you save money, not making you spend additional money just to have on additional benefit of very little value. That is why we urge all Plan F subscribers to examine the kind of coverage they require and match it up against the coverage they are actually paying for. It could be that there is a lower-cost plan like Plan G that will provide you with the coverage you need.
If you want to see how much you could be saving by switching to another plan, just enter your zip codebelow. That’s all it takes to get your free instant quote for Medigap Plans in 2016.
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