Medicare offers 10 different Supplement plans for private insurers to sell to seniors, but Plan G is the most popular of them. That wasn’t always the case, but Medicare Supplement Plan G for 2020 is the top plan since Plan F started to go away.
It all began when legislation affected what Supplement plans could be sold to new subscribers. Plan F and Plan C, two of the highest coverage plans, were restricted. These two plans were deemed to be unfriendly to customers, because while they do offer a lot of coverage, they are not cost effective. The insurance companies that would sell them would charge far more for these two plans than they would for Plan G or plan N, even though there isn’t much difference between their coverage.
So, Plan F will only be available to people who already had it before January 1st 2020. This plan is not something that new subscribers can sign up for. Even if you are a Medicare subscriber right now and signed up or one of the other Supplement plans, you will not be able to sign up for Plan F. You’ll have to choose something else, and we suggest you look into Plan G as an alternative.
You won’t be able to enroll in Plan F after January 1st, unless you are simply renewing your current subscription to it, so it’s time to look for a different plan.
Plan G’s Coverage
Plan G and Plan F are very similar, as far as their coverage is concerned. The prices tend to be very different between these two plans, though.
Plan F is the one full coverage plan, which means that it will cover you for all the supplemental expenses. Here they are:
- Medicare Part A deductible
- Medicare Part B deductible
- Medicare Part A hospice coinsurance
- Medicare Part A copayment
- Medicare Part B copayment
- Medicare Part B excess charges
- Nursing care coinsurance
- All blood not already covered by Original Medicare
- Foreign travel costs for emergency medical transportation
That’s Plan F, and no other Supplement plan will cover you for as much in healthcare costs. Plan G does come close, though. It covers everything on that list above except for the Medicare Part B deductible. That’s powerful coverage, and when you compare the prices on these two plans, you will see that Plan G is priced far more economically. It’s simply a better deal by far, and it is no wonder it has fast become the most popular Supplement plan. People are recognizing that Plan G has lots of potential to save them money and yet still cover them for the essentials.
Medicare Plan G is a plan that more and more insurance companies are starting to sell. It has so much to offer, but it was not always the star of the Supplement plan line-up. Insurance companies that sell Medicare Supplements are given some freedom as to which plans they can offer. They get to choose what they want to sell to their customers and set the prices for those plans. A lot of them neglected to include Plan G in their line-up initially, since it was so similar to Plan F and seemed redundant. Now that Plan F isn’t a viable option anymore for most people, the insurance companies are seeing the wisdom of adding it to their list of available plans.
You should be able to find Plan G at most insurance companies these days, and if not yet, then certainly by 2020. Let’s look at what those companies have to offer you when they sell you Supplement Plan G.
Where to Buy Plan G
Each insurance company that sells Medicare supplements like Plan G is able to set their own price for it. Medicare does not control the prices at all; it only determines what the plans will cover. Plan G does not change from one insurance provider to the next. Even though their prices can be all over the place, you are still getting the same Plan G that covers all supplemental expenses except for Medicare Part B deductible (which is only $185).
What that means is that you should be looking for the lowest priced Plan G you can find, but perhaps pricing is not the only factor that matters to you. Each insurance company offers member benefits, such as access to medical professionals, lifestyle and fitness plans, dieting helps, access to gyms and more. You may also want to consider the stability of the company, as that can affect pricing later on. If a company has a good reputation for customer service, that could be a tick in its favor with you as well.
Let’s look now at some of the more prominent companies offering this particular Supplement plan.
Mutual of Omaha Medicare Supplement Plan G 2020
The insurance company Mutual of Omaha has a strong presence around the country, and you can find their plans in pretty much every state. They have a great reputation as well, and they offer substantial member services for their customers that make them really stand out among the sea of insurance companies where you could get Plan G from.
They have a strong parent company that oversees a number of smaller subsidiaries. This allows them to partner with smaller, local companies and offer more personalized care for their subscribers. Mutual of Omaha has been around since the beginning of Medicare, and they know these plans very well. They are able to offer excellent customer support service to you as a result.
Aetna Medicare Supplement Plan G 2020
Aetna is another one of the older carriers, and that means they bring stability and strong customer support to the table. Their reputation is pretty great, and they offer some affordably priced Medicare Supplement Plan G 2020 options. You can check out their rates compared to others by using our website. We’ll be glad to help you find the best rates, and we always use accurate quotes so that you know you can trust the information you get from our site to be up to date.
Aetna also some of the best rated plans, particularly through their many smaller carriers. The ratings come straight from Medicare and tell you how well a given plan performs based on a variety of factors. The better the rating, the better the value of the plan.
United Healthcare Medicare Supplement Plan G 2020
If you choose United Healthcare, you get to enjoy their strong reputation as a company with an expansive coverage network and lots of healthcare resources to draw from. They are one of the biggest insurers in the country, so they have a lot to offer their customers. United Healthcare has a partnership with AARP, the most widely recognized senior company in the country. That gives them unparalleled access to resources and ensures that customers have a lot of expertise to draw from with their insurer if they have questions or run into any problems. AARP and United Healthcare’s partnership does not produce the cheapest prices for Supplement plans, but it does offer some of the very best member benefits out of any insurance company.
Blue Cross Blue Shield Medicare Supplement Plan G 2020
About a third of all Americans are covered by Blue Cross Blue Shield, and that is mostly due to their sterling reputation for customer service and their low, competitive prices. They tend to have some of the lowest rates available, and you can see that for yourself when you look up the rates on our website or call us about how to find the best rates on Plan G.
Blue Cross can be found under lots of different names throughout the US, and they have partnered extensively with local operators to ensure better customer service and plenty of support for their subscribers.
Cigna Medicare Supplement Plan G 2020
Cigna is not as old as many of these other companies, but they constantly innovate and change to meet the needs of their subscribers. Cigna does offer some A-rated plans, making them a good choice for value and customer service.
They are known for their commitment to their customers, and they work very hard to make sure their website and services are easily accessible and easy to use, making them one of the most popular options for seniors.
Compare Plan G
We want you to get a good deal on the plan that works best for you. Plan G is not your only option, but if you need a high coverage plan, then it is currently the highest coverage Supplement plan available to new subscribers. We recommend that any senior who is considering Supplement plans take a look at this one. There is a good reason why Plan G is the most popular Supplement plan. It offers incredible value. Most insurance companies sell Plan G at a competitive rates, packing all that guaranteed coverage into an affordable package. Plus, they accompany that coverage with their member benefits, which can add even more value to Plan G.
You can call us to find out what the best plan is for you or to get help with comparing the rates. We would be happy to assist you in choosing the best option for you. We know it can be confusing to see all the choices out there and then try to find one that works best. You may be apprehensive about choosing your plan and wonder if you are really making the right choice. We are on your side, and we will be able to walk you through process and point you in the right direction.
Our website is designed to help you compare Plan G among different insurance companies. We can give you a list of current quotes as soon as you use our search engine. This is a completely free service, and you don’t pay more for your insurance just because you used us to find your plan and provider. We make sure you find the best rate possible, and buying supplemental insurance is all about saving money on healthcare.
We do urge you to compare Plan G to your other options. There are other Supplement plans out there, and while Plan G is the best one for many seniors, not everyone will save the most money by choosing Plan G. Check out the other ones, for which you can find detailed information about coverage on Medicare’s website.
You may also want to look into other options beside Medicare Supplements. There are Advantage plans and Medicare Part D plans that can give you coverage for various things that Supplements cannot cover you for. These cover different kinds of medical expenses and work with your current coverage in different ways. They may not be compatible with your current coverage or with a Supplement plan, so make sure your coverage is compatible before you try to sign up for a new plan.
Medicare Supplement Plan G is designed to work with your Original Medicare plan. If you are not currently a Medicare subscriber, then you can sign up for both of them at the same time. However Original Medicare is not sold by the insurance companies we mentioned on this page. It is sold by Medicare directly, but you will need that base Original Medicare plan in order for the Supplement plan to be valid.
Once you sign up for Plan G, you can start receiving coverage for all sorts of medical expenses and you will have less to worry about when you go to the doctor’s office or the hospital. You won’t have to worry about paying as many out-of-pocket expenses. A high coverage plan like this means people will be more likely to visit their doctor when they need help or even for their regular checkups, since it covers so many of their healthcare expenses for them. There should be little that you need to pay out your own finances, and that’s why people will be signing up for Medicare Supplement Plan G 2020 in droves this year.