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Why plan G
- 1. Blue Mountain Medicare Why Plan G? Blue Mountain Medicare Why Does Everyone Want Plan G?
- 2. Medicare Supplement plans No networks! Visit any doctor / provider nationwide that excepts Medicare Use practically any hospital nationwide Blue Mountain Medicare
- 3. Standardized Medigap Policys (Page 12) in the 2016 choosing the Medigap policy it says “in most cases, Medigap insurance companies can sell you only a “standardized” Medigap policy. All Medigap polices must have specific benefits, so you can compare them easily” Page 25) As you shop for a Medigap policy, keep in mind that different insurance companies may charge different amounts for exactly the same Medigap policy, and not all insurance companies offer all of the Medigap polices On the next slide it shows all of the Standardized polices
- 4. Blue Mountain Medicare https://www.medicare.gov/supplement-other- insurance/compare-medigap/compare-medigap.html How to compare a medigap policy. Click on this link to go to the medicare website.
- 5. For 2017 the Part B deductible is $183.00 The only difference between Plan F and Plan G is that Plan G does not cover the Part B deductible Blue Mountain Medicare
- 6. Zip Code 66101 March 1st rates 2017 With TPLIC Male 65 Plan F - $146.31 Plan G - $116.40 Plan F Annual cost 12x146.31=1,755.72 Plan G Annual cost 12x116.40=1,396.80 +183=1,579.8 Remember with Plan G you will also be responsible for the Part B deductible which for 2017 is $183
- 7. Blue Mountain Medicare Plan F vs Plan G Cost Male 65 1,755.72 -1,579.80 =175.92 You save $175.92 in just the first year with plan G over Plan F even with paying the Part B deductible. In future years you may save more and more with plan G as well $175.92 in savings with Plan G in year 1
- 8. Ways you can become a guarantee issue client Loss of employer coverage If your medicare advantage plan pulls out of your county Blue Mountain Medicare
- 9. The Medicare Supplement Plans that are required to accept guarantee issue are Plans A, B, C, F, K and L Why is this important? Guarantee issue people are usually older and have more health issues, these plans will usually experience higher loses, which causes their rates to increase at a higher rate. Blue Mountain Medicare
- 10. Medicare Advantage plans (Part C of Medicare) are annual contracts offered by insurance companies, they are sold by county. Insurance companies can decide annually to offer a plan in a county or not. If your Medicare Advantage plan is not renewed and you can’t qualify medically you have to go guarantee issue. Blue Mountain Medicare This is another area in which we like the Med Supplement polices because you don't have to worry about your company pulling out of your county and leaving you without coverage.
- 11. Ways you are eligible for Plan G If you’re within 6 months of turning 65 or 6 months of enrollment in part B of Medicare, you don't have to answer medical questions. You can enroll in any Plan G offered in your area. If you are past your open enrollment period you will have to qualify medically and answer the medical questions to enroll in a Plan G. Blue Mountain Medicare Your most knowledgable Medicare agents nationwide agree that plan G is the safest most cost-effective plan that Medicare beneficiaries can buy.
- 12. Medicare Supplements are true insurance plans that are guaranteed renewable as long as you pay your premiums. Your agent can email you an application for your review Blue Mountain Medicare
- 13. Blue Mountain Medicare Speak with a licensed Agent at - (208) 360-1991