Medicare Supplement Changes
Medicare Supplement Specialist, John Shinn, discusses the changes coming to Medicare Supplement this year.
There is important information about Medicare and the changes coming up this year.
So I get this question a lot, ‘why are Medicare Supplements so popular?’
Well, there are a lot of different reasons; you get to choose your providers for one thing, that’s probably the number one reason why people like Medicare Supplements.
You get to choose your doctor, your own hospitals, nursing facilities, home health care agencies- really any provider who accepts Medicare, you can use with a Medicare Supplement.
Plan F is the most popular plan design for Medicare Supplements, many of you already now that, and there’s a lot of reasons for that as well. There are no deductibles, no co-pays, no coinsurance, no annual maximum, no lifetime maximum, there is no waiting period for pre-existing conditions, and there is no medical exam required. So that all translates into convenience for people with Medicare. Plan F pays 100% of all Medicare approved medical expenses, not paid in full by Part A or Part B, and guaranteed renewability that’s one of the big features I’d say of medicare supplement. These plans are guaranteed renewable for life as long as you pay your premiums on time
So I hope this information was helpful to you, and I hope you stay tuned and come back for more updates that we have on Medicare Supplements.