Why? NEVER GET Medicare Supplement HIGH Deductible PLAN G in 2023

Call Now: 1-844-552-7426

Why do some people say never get Medicare Supplement Plan High Deductible G in 2023? The top 3 medigap plan g vs plan HDG is a huge debate about the benefits. Medigap plan hdg g has a high deductible and a copayment which can be the best. The Medicare plan F is not for everyone but it does cover hospital and doctor benefits. The medicare supplemental plans are the best plans. Aetna and Cigna sell a Med sup plan N. The medicare advantage plan is not better than a plan g with a high deductible in 2023. This is a very important question for medigap high deductible plans.

Please watch the playlist of all Medicare videos:

Get Your Free Book:

Disclaimer: This video is for entertainment purposes only. If you want advice on Medicare or any of its plans, please speak to a licensed agent, whether it is me or another licensed agent. No advice should be taken from this video. If you don't speak to me about your individual concerns, I can't give you my 100% opinion.

Keywords: medicare supplement plan, medicare supplement plans, medicare supplemental insurance, medicare supplement, medicare supplement plan g, medigap plans, medicare explained,
medicare supplement plan 2023, medigap plan g, plan g medicare, medicare costs, medicare on video

Florida
Pennsylvania
New York
New Jersey
Illinois
California
Michigan
Colorado
South Carolina Medicare supplement plans,

#medicare #medigap #medicareadvantage #medigapplang #medicarepartd #medicarepartb #medicaresupplement #medicaresupplements #medigapplans #medicareexplained

[medicare]

Thanks for your stories. They are amazing!

[skeller]

5:48 If your MAX out of pocket in HD-G (catastrophic year) is $1300 worse than plan G, but the premiums are $1200 less EVERY year, all you have to do is stay healthy for a couple of years and save that money for the bad years. I was kind of sold on regular Plan G, until I thought about those premiums that will continue to increase and the difference in premiums vs a potential loss of $2700 a year. If you have less than $6000 care ($1200 oop), you will break even or better. I think I like the HD-G plan more and more. Thanks!

[candeffect]

The top reason for my $34 HDG is the incentive to stay healthy to avoid medical costs.
If I had G I would probably be as unhealthy as when I was working that had very good coverage. The incentive to not eat junk food was low.
I can easily afford less than nutrient-rich foods but the incentive keeps me from being stupid about the health of my body and brain.

[robannmateja]

Great video. For me, HDG is the way to go. Why? I have a well funded HSA that I never touched in 10 years. So I can pay down my deductibles tax free with that. I also go to the doctor, on a bad year, only a few times a year. I do work hard to stay healthy... eat right, exercise, etc- but I understand that good health is also a blessing. I live in a state that allows me to switch Medigap plans anytime I want without underwriting. So if I find myself in a situation where I am going to the doctor more often, I can switch to another Medigap plan. Switching from an Advantage plan to a Medigap is another matter... plus there are very few Advantage plans in my area. With any Medigap plan, I can go anywhere that accepts Medicare. Because I live in a rural area with limited choices of providers, that is great peace of mind for me.

[brocklanders]

HD G is great for a couple. We save $200 a month. That's enough savings to pay the MOOP for one of us every year and still break even. I think providers charging excess charges will grow, making N value less. The savings can pay for your Part D plan and a separate dental plan.

[philip]

HDG is the way to go. The MOOP is still less than Advantage and you keep your freedom to choose healthcare. If you are healthy, see your doctor a couple of times a year, you keep your premium savings as “self insurance” for when you need it. It’s a no brainer!

[nshah]

Brian you are doing a great job educating people who are turning 65 and needs to decide what plan to go for. Looking forward to working with you. Once I get my Plan A and B from Madicare.

[kathymintexas]

Thanks for the info. Someone check my math, but it looks like you'd have to spend ~ $14, 000 in medical bills to pay the max $2700. If you're generally a healthy person, High Deductible G is a great option.

[mrsports]

I am still working but doing my homework for when I retire. 3 agents have not even mentioned HDG, time to find an agent that looks out for ME, instead of their commission. I am in the Phoenix AZ area and love the information you provide, thank you!

[byronnottingham]

Thanks for confirming my calculations. Wife & I have little current need for medical services beyond checkups. HD-G is my plan when she hits 65 next Feb & I do three years later. We've been on HSA for a few years, so have enough there to cover a decade of maximum deductibles available when that need arises. And heck, if it doesn't arise for a while, that will likely grow faster than the deductible does.

[stewartlafave]

Ten office visits @ $200 each costs me $400 on the HDG, so total annual cost is $880, vs$1906, or $1698. I would need to incur $6, 000 in medical costs to overcome the rate difference between G and HDG. I don’t think the “scam” you implied in your thumbnail was explained very well. But you did get a view and a comment. 😂

[jayrosenbloom]

I started plan N in April this year when I turned 65. So far, only my eye doc has charged me a $20 copay. No charges from my primary doc or specialists.

[andrewdille]

The rates are much higher in Minnesota. In Minnesota the G plan starts at $212. If you want a gym membership thrown in 252 for AARP and BCBS. N plan starts at $146 and with gym membership $186. High deductible lowest and with Gym membership $60. BCBS. I went for the High deductible with Gym.

[rubygreta]

A healthy person in NY would be insane not to take a HD G plan. INSANE!

[ptt]

HDG is way better. With regular G you are paying an extra $100/mo. to insure against that remaining $1300 max out of pocket. Not smart. Only if you plan on maxing out more than every other year is regular G better.

[skeller]

If I could make one suggestion, I would add a comparison of a year where you just went to the doctor just once for a $100 yearly checkup (a min year). That way, it would give a more balanced view of what will be a choice for the rest of our lives. We can figure how much savings you get from a min year (which is closer to the mean than a max year) compared to the worst case you present, which is not catastrophic with many folks’ retirement savings. Thanks again!

[NexusDL]

My question is if i choose
Plan G HD and decide after 3 months 6 or a year that I want to go with plan G will I have to go through underwriting?

[driger]

what about the part a deductible? if needed is the @$1600 part a deductible paid out of pocket and applies to the $2700 max? or is there no part a deductible with hd plan g?

[oveidasinclair]

HDG is an excellent plan, especially if you're in good health, why pay for a full med supp when you most likely not going to need a full med supp plan. The older you are the more sense the HDG makes, see how much you're paying for a full G vs a HDG. My grand mother is 84 years old, HDF was less expensive then a Full F, or Full G even if she max out the deductible.

[sct]

I really appreciate your spreadsheets. ❤