You're the best. You make things so easy to understand, and I really appreciate that your ebook, for example is no strings attached, no email to besold off to someone, etc. Lot of integrity. Thanks so much!
Have found that the medigap does not questions the Dr.'s decision that you need an MRI where advantage plans have a panel that first will deny that decision and require you spend another 6 months of you trying other things such as PT, drugs etc more dr visit and pt copays and than in the end you finally get the approval for the Dr.s original request.
I choose Plan N. Went with State Farm, my agent was a great resource in signing me up and helping me make the best choice for me. Your video reinforced the confidence in my choice. Thank you!
I am in Hanover, Virginia (Richmond area). Plan G is actually $20 cheaper each month than Plan N, because the risk pool for Plan G is much larger. I was surprised when I discovered that. So it depends also on how many people in your area are in the plan.
It made me think that there may be a better plan for me than plan G. That doesn’t necessarily mean that plan G is bad. It may be the best plan for you.
I looked at all of the carriers for plan G and plan N and it depends on the carrier you choose and $106 is not the average for plan N. One carrier is charging $111 and all the other carriers are $120, $140, $170, etc. for plan N for example.
As far as the premium is concerned, It really depends on the state and county where you choose to live, if it is the first time you sign up for Medicare, and how often you need to see doctors through the year.
What I worry about is future premium prices so high you get priced out so leaning towards N over G even though I doctor about 5-10 times a year for heart issues, I turn 65 next year
@@donhgr Even at 10 times a year you are probably still saving enough money since the copays are so low. I am also swaying the way of the N plan just because the G plan prices are already pretty high here in Florida and the G plan goes up more and faster than the N plan.
I got a letter from UHC for a supplemental plan and the premium for plan G in NJ is $160 according to the letter I got. I go on Medicare next year, already am getting letters in the mail.
I am done with Medicare Advantage -- they don't pay for anything. Your specialist doctor can order a test, then the provider or the medical group (either or both) can deny the test as "not medically necessary." I am moving to Medicare supplemental.
You should do a video with a given medical occurrence and show the costs difference to the patient under plan N, G and an Advantage plan. If you don’t go to the doctors much you can save over 4K per year. If you check the advantage plan to see if your medical professional and facilities near you are in the plan then this maybe an option. If you have a major medical occurrence only every 3 years on average then you maybe better off with an Advantage plan. A lot of variables to consider. Sure Advantage plans may add a premium in the future but you can also expect supplement plans to increase about 3% per year as you age. The big caveat is medical providers and facilities can be limiting under Advantage plans. I’ve had an Advantage plan for 5 years and have been very satisfied.
Do you have an opinion about, or are you familiar with Kaiser Medicare Senior Advantage in California? I have not been charged for Cat scans or MRIs with the above coverage. Perhaps they work differently.
I went with Plan G because you get a better deal in the long run than Plan N. I'm 67+ and healthy but who knows what will happen in 5 years. Since you can't change the plan in the future without going through the underwriter.
But the only difference is N does not cover extra charges which is rare from what I understand and N you have the $20 copay for each visit. So, each month if you’re paying maybe $50 more for G (this depends on which carriers you’re looking at because the charges are all different by carrier) per month, that is an extra $800 a year. If it’s cheaper to pay the $20 per visit copay, N is the way to go. Using the $40 difference in premium example, you would have to have 40 visits a year at $20 per to match that $800 savings. Correct?
@@YT-User1013 That's only truth if you stay healthy within next 20 years. Right now I only see 5 drs per yr. Obviously N will be cheaper BUT what happened in 10 yrs and I have to see 10+ drs multiple times during the year. Now you stuck with N and need to pay co pay per visit. That numbers add up.
@@YT-User1013 Your math is not correct on a $40 difference in premium. $40 x 12 months equals $480 more a year. That would be about 24 Md visits a year at $20 each which is a lot of visits. The average person has 7/10 visits a year. N is fabulous coverage for many at a more affordable price then G and with a more stable premium over time.’
Your 'cant change the plan in the future' is true for some but certainly not for all. I live in Illinois which has a 'Medigap birthday' rule. What this means is that each year after you turn 65 (up to your 75th birthday) you CAN change Medigap plans within a 45 period from your birthday without medical underwriting PROVIDED that your new plan has the same or lesser benefits than the old one and is provided by the same insurance carrier as previously (so - eg I have Plan G but the premiums are out of control, so I want (and have the right to) to switch to Plan N with the same carrier). The motto? Check you state rules folks, they are far from being identical.
I had a Medigap plan for several years, but it got to where I could no longer afford it. So I changed from Medigap to an Advantage plan with a hospital indemnity plan and I am using that $200 for other life necessities.
HdG is also a great plan if you live in New York or Florida where g & n plans are considerably more expensive than the national average @@billbuyshouses7077
Great video Brian, one thing I would have mentioned is that if you chose a Supplement plan when you start Medicare you have guaranteed acceptance with no medical or lifestyle questions and if your Supplement plan later becomes to expensive in terms of cost monthly you can switch to an Advantage plan easily for the rest of your life. If you take an Advantage plan to start off with say first year, you can only go to a Medicare Supplement later if you can pass what is called medical underwriting that shows you are healthy, they do not have to let you join.
EVERYONE needs to check theor owns State's rules. I live in Illinois which has a Medigap birthday rule which means that between the ages of 65 and 75 I CAN change my Supplement plan within 45 days of my birthday each year WITHOUT MEDICAL UNDERWRITING provided that my new policy has equal or lesser benefits than my original plan AND my new policy is with the same insurance carrier as the old one. So switching from Plan G to Plan N with the same company if Plan G premiums became too expensive would be feasible for example. Or as you suggest I could just dump my supplement plan and go to MA for at least a trial year (its a once only right, you cant go back and forth endlessly), after which I could go back to my old supplement plan - without underwriting - if I chose to do so.
i’m guessing with my paid amount to have the G plan and their paid for amount for my 2024 costs, the G plan has been very good for me. $3557 paid by supplement plan thru 9/19/24. $1336 premiums paid thru 9/2024. your opinion? thanks for your videos.
If you like cheaper premium then pick plan N. Just remember when you are older or have cancer etc, there will be many doctor visits. It means many co-pays.
@@brian7224 Many md's aren't even charging for the $20 copay bc it's too much paperwork. Also, the percentage increase every year is LOWER with N. N will cost u less over your lifetime even if you had to pay for a ton of $20 md visits. I have G & am switching to N!
My experience with Plan N copays is that doctors and their staff are not familiar with the copays and accept the Medicare payment as final. Yesterday I dropped off a copay check to my doctor (specialist) and they said I had no balance. I explained the reason and left the check. I can sleep better now.
My current supplement carrier will not allow me to switch plans. I tried a different carrier with the same company and they wanted more $$$$ for lesser coverage. I tried enrolling with a different carrier/company and they denied coverage because of heart issues I had twenty years ago. What do I do now ? Seems like I'm stuck where I am.
Yes, plan G premium is in addition to the Medicare $185 premium that (usually) is deducted from your social security check. I am 78, my plan G started at about $125 but is now $185. But it is simple. I don't need to get referrals for specialists. I can go to whatever doctor I want - if they accept Medicare AND they accept the amount Medicare approves for the service - I always check out the doctor on the Medicare website to be sure of that. I spend a few months every year with my daughter in another state, and I am getting shots for macular degeneration now, so this is important for me.
Imagine a healthy 65 years old paying average $350/month for G or N for 10 years: $42,000 + $20,400 Medicare monthly; The same person getting advantage with giveback (option to pay Medicare monthly payment) plan paying an average of $60: $7,200. So for 10 years coverage: $62,400 vs $7,200! So ideally we all should get F or N but why should we pay an additional $55K or so if we get blessed enough to be healthy? Not everyone can throw away $55K when retired! Of course fear of what could happen is surely present for the majority and thus justifies selling/buying F or G. The system is surely not perfect either way….
I’ve been healthy all my life until about age 59 in 2015. Suddenly a myriad of health issues started occurring. Two hip replacements, two ICU stays due to developing blood clots after my first hip replacement. A fistula repair. A hemorrhoidectomy. Emergency gall bladder removal. Foot surgery… Unfortunately we just never know what the future holds. I’m actually thankful that I fell on financial hard times at just this moment so I got on Medi-medi. So thankfully my MAPD HMO plan paid all costs for everything, Dr visits, specialist referrals, meds, hospital, skilled nursing… not a single approval has been denied! Now at 68 I’m about to go back to work independently as an entrepreneur. So I’ll be losing my Medicaid, but I should this should qualify me for a SEP GI entry into a med sup plan. The only issue I should have is how much will the premium be at 68-69.
1) Can you sign up for Medicare A&B simply by clicking on their website as some of us procrastinate and wait till final week? 2. There are many different monthly premiums for N or G in my State (Colorado); can I choose the lowest one regardless of my living zip code in state; 3) If I pick N or G and later in life want to switch to a different N or G plan (cheaper) in my State will I have to undergo Medical underwriting?
@@jenniferb.9404 Good comment. In my case I have talked to no less then 10 local Agents. Have switched to Brokers. Agents seemed to have Agenda’s possibly other than yours. And as you point out, they must be in state. Thanks for your reply!
@@magncity1817 Your questions were good ones too....I was wondering also, if you have a G Plan, can you switch to another G plan without underwriting? I don't think so in most states, or you'd be able to jump to the least expensive G plan every year. My understanding is over time $$$ premium goes up as healthier people do jump to other plans, the "pool" of people in your plan are sicker, higher claims = higher premiums.
The lack of coverage for most of the newer more expensive drug treatments is the ONLY reason why Medicare Advantage may be a better choice, for someone who needs one of those drugs, than a Medigap Plan and Part D. A physician friend has told me many times that although not perfect by any means drug coverage under an Advantage plan can be a lifesaver as the cost of these drugs with a Part D means choosing between financial ruin or going without the drug's benefits. Hopefully the government will fix Part D in the future and not make people choose between financial ruin and staying healthy. Right now their approach is one of instead of preventing major illness and complications from an illness with an expensive drug now they are taking the approach of spending more to fix you up after your health collapses rather than spending to prevent that collapse.
I am getting Medicare in February and have learned that I want an N plan. My question is how do I pick a company. I am in Florida and there are a lot. Some not that expensive and some ridiculous expensive per month. If they are all the same coverage why wouldn’t I just pick the cheapest one?
Some offer gym membership if you are interested. Also, they say certain companies can be difficult to reach if necessary. I am not sure about Florida. It’s best to discuss it.
@@heynow4286 yes. That’s how we did it last year for my husband. We picked AARP united healthcare. It’s pretty pricey but we picked it because it had good reviews. I will probably just pick the same since we get a small discount for spouses.
Um, no it doesn’t. With MA your first 60 days is zero, but 61 thru 90 is $408 per day. 91 thru 150 you’re paying $816. After 150 days you’re responsible for the entire daily cost.
So if you are on plan G or Plan N you have to get a plan D for prescriptions. These plans do not cover prescriptions so you can add on another fee. Maybe 55.00 65.00 who knows what and if you want to r to change from Medicare advantage I believe you will need an underwriter . Can’t just switch. Those are the people plan is not good for. You have a precondition may not get accepted.
Dental coverage is a great feature of an Advantage plan. Dental problems are not covered by Medicare and a dental issue can have a large impact on overall health. A single crown or root canal can cost over $1500. Stand alone dental plans cost upwards of $400 per year, have waiting periods of up to a year before they cover major procedures, and have coverage limits that can be as low as $1000 annually for other than preventive care. In addition, there is usually a very limited list of dentists who accept each particular plan. This is the same scenario as for Advantage plans, but greatly magnified. This can be a consideration for some. Our local non-profit Advantage plans can include up to $2000 of dental coverage with no restrictions on dentists and no co-pays. On the other hand, OTC benefits are often useless because items must be purchased from sellers who apply huge markups and many people use relatively few of them.
I came here because the title plainly led me to believe this video was about Plan G being bad! The video was the complete opposite of what the title inferred! While you gave great information, now I don’t trust you because of the clickbait title! Why would you do that?
Plan G vs Plan N in 2025?
Wanting to get agents
I have G & am switching to N. G is great, but N will cost me less in my lifetime due to lower % increases as I age.
You're the best. You make things so easy to understand, and I really appreciate that your ebook, for example is no strings attached, no email to besold off to someone, etc. Lot of integrity. Thanks so much!
Have found that the medigap does not questions the Dr.'s decision that you need an MRI where advantage plans have a panel that first will deny that decision and require you spend another 6 months of you trying other things such as PT, drugs etc more dr visit and pt copays and than in the end you finally get the approval for the Dr.s original request.
I choose Plan N. Went with State Farm, my agent was a great resource in signing me up and helping me make the best choice for me. Your video reinforced the confidence in my choice. Thank you!
For a 75 year old, both plans N and G in our area (NY 300 miles from NYC) cost over $400 per month. Strangely, Plan G is about $30 per month LESS.
Scary.
I am very happy with my Plan N, even though my monthly premiums in New York are over $200.
New York is the highest in the country
Hubby has Plan G in Charlotte, only costing 99.00 mo.
I am in Hanover, Virginia (Richmond area). Plan G is actually $20 cheaper each month than Plan N, because the risk pool for Plan G is much larger. I was surprised when I discovered that. So it depends also on how many people in your area are in the plan.
Thank you so much for this Great information Brian,
Appreciate you always Lizett
Why does your video title make people think plan G is bad? Click bait?
It made me think that there may be a better plan for me than plan G. That doesn’t necessarily mean that plan G is bad. It may be the best plan for you.
Agreed…very misleading.
The title said "Might". That's completely true! Not misleading at all.
@@Utalkin2Mehow?
@@chuck3700How exactly is this?
Great video! I'll be working with a broker very shortly to enroll in a Plan G and a Part D plan.
Hopefully you’ll call us 1-844-552-7426
I looked at all of the carriers for plan G and plan N and it depends on the carrier you choose and $106 is not the average for plan N. One carrier is charging $111 and all the other carriers are $120, $140, $170, etc. for plan N for example.
As far as the premium is concerned, It really depends on the state and county where you choose to live, if it is the first time you sign up for Medicare, and how often you need to see doctors through the year.
What I worry about is future premium prices so high you get priced out so leaning towards N over G even though I doctor about 5-10 times a year for heart issues, I turn 65 next year
@@donhgr Even at 10 times a year you are probably still saving enough money since the copays are so low. I am also swaying the way of the N plan just because the G plan prices are already pretty high here in Florida and the G plan goes up more and faster than the N plan.
What about someone on SSDI and gets Medi-Medi, are we still able to purchase a plan G ?
I got a letter from UHC for a supplemental plan and the premium for plan G in NJ is $160 according to the letter I got. I go on Medicare next year, already am getting letters in the mail.
Go for it
Thanks for the information it was very helpful.
Love to hear it
Thankyou so much for info. Couldn't have survived this without you!!
I am done with Medicare Advantage -- they don't pay for anything. Your specialist doctor can order a test, then the provider or the medical group (either or both) can deny the test as "not medically necessary." I am moving to Medicare supplemental.
Just the other day someone told me their family member got two different excess charges regarding two medical procedures related to their health.
Have N and my Doctors haven't charged me copay for visits.
I've never been charged a co pay either.
I live in DC and my cardiologist charges $20.00, once part b deductible is met.
You should do a video with a given medical occurrence and show the costs difference to the patient under plan N, G and an Advantage plan. If you don’t go to the doctors much you can save over 4K per year. If you check the advantage plan to see if your medical professional and facilities near you are in the plan then this maybe an option. If you have a major medical occurrence only every 3 years on average then you maybe better off with an Advantage plan. A lot of variables to consider. Sure Advantage plans may add a premium in the future but you can also expect supplement plans to increase about 3% per year as you age. The big caveat is medical providers and facilities can be limiting under Advantage plans. I’ve had an Advantage plan for 5 years and have been very satisfied.
Do you have an opinion about, or are you familiar with Kaiser Medicare Senior Advantage in California? I have not been charged for Cat scans or MRIs with the above coverage. Perhaps they work differently.
Yes. Every advantage plan works differently.
I went with Plan G because you get a better deal in the long run than Plan N. I'm 67+ and healthy but who knows what will happen in 5 years. Since you can't change the plan in the future without going through the underwriter.
But the only difference is N does not cover extra charges which is rare from what I understand and N you have the $20 copay for each visit.
So, each month if you’re paying maybe $50 more for G (this depends on which carriers you’re looking at because the charges are all different by carrier) per month, that is an extra $800 a year.
If it’s cheaper to pay the $20 per visit copay, N is the way to go.
Using the $40 difference in premium example, you would have to have 40 visits a year at $20 per to match that $800 savings.
Correct?
@@YT-User1013 That's only truth if you stay healthy within next 20 years. Right now I only see 5 drs per yr. Obviously N will be cheaper BUT what happened in 10 yrs and I have to see 10+ drs multiple times during the year. Now you stuck with N and need to pay co pay per visit. That numbers add up.
@@YT-User1013
Your math is not correct on a $40 difference in premium. $40 x 12 months equals $480 more a year. That would be about 24 Md visits a year at $20 each which is a lot of visits. The average person has 7/10 visits a year. N is fabulous coverage for many at a more affordable price then G and with a more stable premium over time.’
Your 'cant change the plan in the future' is true for some but certainly not for all. I live in Illinois which has a 'Medigap birthday' rule. What this means is that each year after you turn 65 (up to your 75th birthday) you CAN change Medigap plans within a 45 period from your birthday without medical underwriting PROVIDED that your new plan has the same or lesser benefits than the old one and is provided by the same insurance carrier as previously (so - eg I have Plan G but the premiums are out of control, so I want (and have the right to) to switch to Plan N with the same carrier). The motto? Check you state rules folks, they are far from being identical.
In the higher priced states even seeing 10 -15 docs a year N is a much better value as G rates are doomed to skyrocket.
On plan N, they also do not charge for your once-a-year preventative visit to a regular doctor or GYN (although this is only every 2 years).
Great video
I had a Medigap plan for several years, but it got to where I could no longer afford it. So I changed from Medigap to an Advantage plan with a hospital indemnity plan and I am using that $200 for other life necessities.
Skilled nursing is a big deal.
20 days (advantage) vs 100 days (Medigap)
What about high deductible G plan?
Agents must not like to sell HDG. My wife and I have it and pay about $50.00 a month. It’s great if you don’t visit the Doc much.
HdG is also a great plan if you live in New York or Florida where g & n plans are considerably more expensive than the national average @@billbuyshouses7077
Can one start with the HD G plan but switch to a regular G plan later in life, without medical underwriting ???
That’s a question for your agent.
Great video Brian, one thing I would have mentioned is that if you chose a Supplement plan when you start Medicare you have guaranteed acceptance with no medical or lifestyle questions and if your Supplement plan later becomes to expensive in terms of cost monthly you can switch to an Advantage plan easily for the rest of your life. If you take an Advantage plan to start off with say first year, you can only go to a Medicare Supplement later if you can pass what is called medical underwriting that shows you are healthy, they do not have to let you join.
Thanks. I’ll put that down for my next video. Appreciate it
I often learn more in comments than posted video. This is the answer to the question I’ve had for months. Thx brettster!
EVERYONE needs to check theor owns State's rules. I live in Illinois which has a Medigap birthday rule which means that between the ages of 65 and 75 I CAN change my Supplement plan within 45 days of my birthday each year WITHOUT MEDICAL UNDERWRITING provided that my new policy has equal or lesser benefits than my original plan AND my new policy is with the same insurance carrier as the old one. So switching from Plan G to Plan N with the same company if Plan G premiums became too expensive would be feasible for example. Or as you suggest I could just dump my supplement plan and go to MA for at least a trial year (its a once only right, you cant go back and forth endlessly), after which I could go back to my old supplement plan - without underwriting - if I chose to do so.
Here in the florida keys monroe county we hardly have any supplement plans, how do you feel about aarp and plan g with it
Grab any supplement plan you can if you can afford it. Plan G or Plan N.
My supplement plan G went up by 45$. That is a big jump.
Thank you got your insights
I live in MA so no plan G only plan 1 and 1A and no N at all
i’m guessing with my paid amount to have the G plan and their paid for amount for my 2024 costs, the G plan has been very good for me. $3557 paid by supplement plan thru 9/19/24. $1336 premiums paid thru 9/2024. your opinion? thanks for your videos.
If you like cheaper premium then pick plan N. Just remember when you are older or have cancer etc, there will be many doctor visits. It means many co-pays.
if that's the case...would you not want plan G?? thanks! if you get chemo..you go to the hospital...they charge you too.
@@brian7224 Many md's aren't even charging for the $20 copay bc it's too much paperwork. Also, the percentage increase every year is LOWER with N. N will cost u less over your lifetime even if you had to pay for a ton of $20 md visits. I have G & am switching to N!
My experience with Plan N copays is that doctors and their staff are not familiar with the copays and accept the Medicare payment as final. Yesterday I dropped off a copay check to my doctor (specialist) and they said I had no balance. I explained the reason and left the check. I can sleep better now.
Sleep like a baby!
My current supplement carrier will not allow me to switch plans.
I tried a different carrier with the same company and they wanted more $$$$ for lesser coverage.
I tried enrolling with a different carrier/company and they denied coverage because of heart issues I had twenty years ago.
What do I do now ? Seems like I'm stuck where I am.
So in your example is it meaning plan g is $140 PLUS the Part B $185?
Yes, plan G premium is in addition to the Medicare $185 premium that (usually) is deducted from your social security check. I am 78, my plan G started at about $125 but is now $185. But it is simple. I don't need to get referrals for specialists. I can go to whatever doctor I want - if they accept Medicare AND they accept the amount Medicare approves for the service - I always check out the doctor on the Medicare website to be sure of that. I spend a few months every year with my daughter in another state, and I am getting shots for macular degeneration now, so this is important for me.
@JL-st5sb thank you. I hope I can afford it next year when I'm 65. Be blessed
Advantage Plan is an oxymoron; the only advantage is for the insurance company.
Can you change plan?
Imagine a healthy 65 years old paying average $350/month for G or N for 10 years: $42,000 + $20,400 Medicare monthly; The same person getting advantage with giveback (option to pay Medicare monthly payment) plan paying an average of $60: $7,200. So for 10 years coverage: $62,400 vs $7,200! So ideally we all should get F or N but why should we pay an additional $55K or so if we get blessed enough to be healthy? Not everyone can throw away $55K when retired! Of course fear of what could happen is surely present for the majority and thus justifies selling/buying F or G. The system is surely not perfect either way….
I’ve been healthy all my life until about age 59 in 2015. Suddenly a myriad of health issues started occurring. Two hip replacements, two ICU stays due to developing blood clots after my first hip replacement. A fistula repair. A hemorrhoidectomy. Emergency gall bladder removal. Foot surgery… Unfortunately we just never know what the future holds. I’m actually thankful that I fell on financial hard times at just this moment so I got on Medi-medi. So thankfully my MAPD HMO plan paid all costs for everything, Dr visits, specialist referrals, meds, hospital, skilled nursing… not a single approval has been denied! Now at 68 I’m about to go back to work independently as an entrepreneur. So I’ll be losing my Medicaid, but I should this should qualify me for a SEP GI entry into a med sup plan. The only issue I should have is how much will the premium be at 68-69.
Numbers you mentioned don't make sense. The premium at 65 is not $350/month. So all of the rest of the calcs are not right.
D you send me the link to your book. Thank you.
It’s In the description
Or on my website www.medicare-365.com
One question . On medigap doctors visit do you still get the free preventative visit yearly. Does that also include the free women health visit?
Whatever original Medicare covers, the supplements support. If certain screenings are free thru Medicare, they're still free with a supplement
Yes, after you meet the deductible. That is $240 for 2024.
The deductible dosen't apply to your free preventive visits on plan G. They are free before your deductible is met.
On the plan G, we're looking at a total, assuming the plan cost $140@mo, around $1,920. So, did we waive the $185@mo premium for the initial sign up?
185$ per month is paid for your primary Medicare, we all have to pay that😢
@doloreswhite3510 I know, but the author never added it to the equation. The question is for him. So add $2,220 to $1,920 and you get $4,140.
The title of this video is so very true.
I’m glad it fits
Also, quote rates for an 80 year old. You persist in quoting the lowest rate without stating that the premiums go up.
No problem Big Fluffy! It’s all about your guidance Big Fluffy!!
1) Can you sign up for Medicare A&B simply by clicking on their website as some of us procrastinate and wait till final week? 2. There are many different monthly premiums for N or G in my State (Colorado); can I choose the lowest one regardless of my living zip code in state; 3) If I pick N or G and later in life want to switch to a different N or G plan (cheaper) in my State will I have to undergo Medical underwriting?
You might want to check with an agent in your state for those answers!
@@jenniferb.9404 Good comment. In my case I have talked to no less then 10 local Agents. Have switched to Brokers. Agents seemed to have Agenda’s possibly other than yours. And as you point out, they must be in state. Thanks for your reply!
@@magncity1817 Your questions were good ones too....I was wondering also, if you have a G Plan, can you switch to another G plan without underwriting? I don't think so in most states, or you'd be able to jump to the least expensive G plan every year. My understanding is over time $$$ premium goes up as healthier people do jump to other plans, the "pool" of people in your plan are sicker, higher claims = higher premiums.
@@jenniferb.9404 My research here in Colorado agrees with with your understanding that medical underwriting would be necessary in switching G plans.
Can you talk about drug plans?
Not unless you’re a client of ours with a Medigap plan
Glad to see you made it through the hurricane okay Brian. Last video I saw of yours you were ready to evacuate.
The lack of coverage for most of the newer more expensive drug treatments is the ONLY reason why Medicare Advantage may be a better choice, for someone who needs one of those drugs, than a Medigap Plan and Part D. A physician friend has told me many times that although not perfect by any means drug coverage under an Advantage plan can be a lifesaver as the cost of these drugs with a Part D means choosing between financial ruin or going without the drug's benefits. Hopefully the government will fix Part D in the future and not make people choose between financial ruin and staying healthy. Right now their approach is one of instead of preventing major illness and complications from an illness with an expensive drug now they are taking the approach of spending more to fix you up after your health collapses rather than spending to prevent that collapse.
What is the $1920 out of pocket on plan G for? I thought it was just the $240 deductible.
Watch the whole video
I am getting Medicare in February and have learned that I want an N plan. My question is how do I pick a company. I am in Florida and there are a lot. Some not that expensive and some ridiculous expensive per month. If they are all the same coverage why wouldn’t I just pick the cheapest one?
You call ☎️ us. 1-844-552-7426.
How does the physician and hospital network compare between them? Lower premium means fewer choices perhaps?
The official Medicare website lists all plans and insurance companies with monthly premiums for your zip code. Do the same for Medicare part D.
Some offer gym membership if you are interested. Also, they say certain companies can be difficult to reach if necessary. I am not sure about Florida. It’s best to discuss it.
@@heynow4286 yes. That’s how we did it last year for my husband. We picked AARP united healthcare. It’s pretty pricey but we picked it because it had good reviews. I will probably just pick the same since we get a small discount for spouses.
He interestingly says that the hospital is $250 a day with an advantage plan, but he forgets to say it stops after a few days.
Um, no it doesn’t. With MA your first 60 days is zero, but 61 thru 90 is $408 per day. 91 thru 150 you’re paying $816. After 150 days you’re responsible for the entire daily cost.
My Plan N is $240/month (NYC) as of November 2024. It’s expensive.😮
So if you are on plan G or Plan N you have to get a plan D for prescriptions. These plans do not cover prescriptions so you can add on another fee. Maybe 55.00 65.00 who knows what and if you want to r to change from Medicare advantage I believe you will need an underwriter . Can’t just switch. Those are the people plan is not good for. You have a precondition may not get accepted.
You haven’t mentioned how Drug Plan costs and benefits?
Everybody, misleading, The Anchors confused.Most of them known things ,they are repeating.
This plan is the GOD HELP YOU, Plan. Good luck, folks...
Dental coverage is a great feature of an Advantage plan. Dental problems are not covered by Medicare and a dental issue can have a large impact on overall health. A single crown or root canal can cost over $1500. Stand alone dental plans cost upwards of $400 per year, have waiting periods of up to a year before they cover major procedures, and have coverage limits that can be as low as $1000 annually for other than preventive care. In addition, there is usually a very limited list of dentists who accept each particular plan. This is the same scenario as for Advantage plans, but greatly magnified. This can be a consideration for some. Our local non-profit Advantage plans can include up to $2000 of dental coverage with no restrictions on dentists and no co-pays. On the other hand, OTC benefits are often useless because items must be purchased from sellers who apply huge markups and many people use relatively few of them.
Please be transparent in your video titles. Nothing wrong with plan G.
I came here because the title plainly led me to believe this video was about Plan G being bad! The video was the complete opposite of what the title inferred! While you gave great information, now I don’t trust you because of the clickbait title! Why would you do that?
Unless you die suddenly you’re gonna need a plan G 🫤
Great video