Medicarebob

There are three main reasons why the Medicare Supplement Plan G is a greater value than the Medicare Supplement Plan F. 1. Simple math. Plan F costs $300-$800 more per year in premium than Plan G, so why pay plan F more when the only difference in benefits is that Plan G has a small $183 deductible? 2. Plan F is the guaranteed issue plan which means that, in certain situations a person can purchase a Plan F if they are unhealthy. Whereas, you must medically qualify for the Plan G after you turn 65. No exceptions. 3. Plan F is being discontinued. No one that turns 65 after 01/01/2020 will be able to purchase the Plan F. This will cause the Plan F premiums to increase quickly and the Plan G premiums to remain more stable because there will be fewer people in Plan F over time and the Plan G will continue to accept people.