If you are considering the High Deductible Plan F then do the math first.
A Regular Plan F covers 100% of your out of pocket costs and is roughly $200 per month. A High-Deductible Plan F is about half that but it has a $2,200 deductible in 2017 which you must pay down before it will pay any of your cost shares.
In a worst case scenario where your medical bills exceed the deductible your total cost on the High Deductible plan would be well over $3,000 when you include the monthly premiums.
With Plan F your total cost are $2,400.
If you need the type of coverage that Plan F offers then why would you choose the high deductible option when it will likely cost you more?
When comparing Medicare supplement plans most people focus on the monthly premium but there is a lot more to picking the right plan.
Most times people consider the High Deductible Plan F option because they are looking for the least expensive option. If you are still fairly healthy and don't go to the doctors often you might think, "Why pay $200 per month if I only see the doctor twice a year?"
The answer is don't!
...and don't spend $100 per month either!
If you are in good health and only see a doctor a few times a year with a few blood tests during the year, then you should be looking at Medicare Advantage plans.
Medicare Advantage plans have even lower monthly premiums than Medicare Supplements (sometimes as low as $0 per month). And they also rarely have any deductibles.
So, my advice is to consider all your options and talk to a professional, life myself who can help you compare the advantages and disadvantages of each plan and help you choose the best plan for you.
To learn more about Medicare Advantage plans click here.
To compare rates, click here.
Would you like my help?
If you would like help comparing your needs against the many Medicare plans out there or if you just want to ask a few questions, you can call me directly at 207-370-0143 or use my simple form on the CONTACT page of this site to send an email message. The best part about working with me is that it will not cost you anything to talk with me to discuss your options and review the plans that are available. I am paid by the insurance companies in the form of a commission when you enroll in a plan. You will not pay anything to meet with me and you will pay the same price for your insurance that everyone pays whether they had my help or not.
"My goal is to help people and I have found great joy in being able to offer my services to people who need my help."
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