Plan F is a great plan for someone who has tons of medical expenses and who spends a lot of time in and out of the hospital. While Medicare can cover you for many of your hospital expenses and doctor’s visits, it still leaves a lot of things for you to pay, and with Mutual of Omaha Medicare Supplement Plan F you can have many of those remaining expenses covered.
We have picked out the Mutual of Omaha company because this is a company that consumers trust and that seniors know they can get reliable, high quality care from. It has a great reputation, and seniors have made it one of the premier medical insurance companies in the country.
We picked out Plan F because it is consistently one of the most popular Supplement plans. That doesn’t mean that it is necessarily the best, as we can’t give that title to any plan. What works best for one senior, after all, may not wok very well for another. We want to show you what Plan F is able to cover for you and how you can get this plan through Mutual of Omaha if you are interested.
How Plan F Will Work for You
Each Medicare Supplement plan works a bit differently. They all cover different medical expenses though they all get their coverage from the same list. Some of them cover most of the items on the list, while others cover only a few. Only Plan covers them all, though. Let’s look at that list now so that you can understand just how much coverage Plan F is providing for you.
Here are the Medicare Supplement coverage items:
- Foreign travel exchange (coverage for emergency medical transport that is outside the United States)
- Pints of blood (up to three a year)
- Medicare Part B excess charges
- Medicare Part B deductible
- Medicare Part B copayment
- Medicare Part A copayment
- Medicare Part B deductible
- Medicare Part A hospice coinsurance
- Skilled nursing services coinsurance
These items make up the entire list of supplemental expense and all of Plan F’s coverage. If you looked at that list and thought that most of those items apply to you and your current medical expenses needs, then plan F may be a good option or you.
Compare and Save
However, you should take time to compare Plan F to some of the other Supplement plans. Mutual of Omaha carries more than just Plan F, and you can look at some of their other plans to get a better idea of which one is right for you.
We suggest looking at Plan G and Plan N, since they are both a lot like Plan F. They are both high coverage plans that include a lot of the same things. They only differ in some small ways.
Plan G covers all the items we just listed, save for one. It won’t cover the cost of the Medicare Part B deductible, but that’s often not a big deal, since that expense only comes up to $183.
The Plan N coverage is slightly less, also taking off that Part B deductible from what it offers. On top of that, it will not cover you for some copayments and for the Medicare Part B excess charges (which are not very common).
We recommend that you compare these plans and how much they cost and see which one works best for you. In most cases, Plan G and Plan N are better choices than Plan F. That’s because they offer similar coverage at an often much lower price. You will need to compare prices and coverage for yourself to find out which one works best in your situation, but you should know that it is often cheaper to just pay for those things they don’t cover for yourself, rather than to go with the more expensive Plan F.
How to Get Your Plan through Mutual of Omaha
If you buy Mutual of Omaha Medicare Supplement Plan F, then you will have the same coverage we talked about for the entire term of the plan. That term usually lasts a year, and you get the same price all during that term as well. The rate can change once you are out of the contract for your plan, though, so pay attention to changing rates as it gets closer to time to renew or change out your plan.
You might not know how to sign up and be approved for one of these plans in the first place, and we’re here to tell you that it is fairly easy. To become eligible, you simply need to turn 65 and have the Medicare coverage plan. That plan is required for a Medicare Supplement plan to function properly. Once you turn 65, you are eligible for Medicare, and you can sign up for both the Medicare plan and the Supplement plan at the same time. The Supplement plan will not go into effect until your medical coverage has been activated. So, if you sign up for the Supplement plan first and are expecting coverage from it, you should know that you need to wait for it to became active until your Medicare coverage begins.
To sign up for any of the plans through Mutual of Omaha, you will have to deal directly with the insurance company. That means visiting their website or one of their offices, if they have one nearby. Just because they are from Omaha, that does not mean you have to be in Omaha to enjoy their coverage. They have offices and coverage all over the United States.
There will be an application or for you to fill out, and once that is submitted, then you just have to wait for an answer back. If you applied within six months of turning 65, then you can be sure you will be approved for whichever plan you applied or. On top of that, you get the best possible rate for the plan, and your preexisting medical condition don’t even factor in. That’s because the six-month period after you turn 65 is known as Open Enrollment, and it gives you all sorts of perks that you would miss out on at other times. Be sure to apply during this period.
Through Plan F, you can have all supplemental medical expenses covered, but is this the right plan for you? That’s a question that only you can answer, and you should give yourself plenty of time to answer it. It’s a good idea to look at these plans and consider which one is right for you long before you even become eligible? Once you do hit that eligibility age, though, you still have six more months in which to sign up for the plan, and get the best deals on it as well as guaranteed approval.
With Mutual of Omaha Medicare Supplement Plan F, your medical expenses and financial situation are going to change. You will no longer have the same medical bills that you had before, but you will have the insurance premiums of Plan F today, so make sure that you are happy with this plan before you agree to it.