Best Medicare Supplement Plans

Best Medicare Supplement Plans 2021

Medicare Supplement Plans video chapters:
0:00 Medicare Supplement Plans
5:45 Medicare Supplement Plan G
7:30 Medicare Supplement Plan N
17:55 High Deductible Medicare Supplement
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Best Medicare supplement plans;
There are a number of Medicare supplement plan insurance videos with headlines like this one – Best Medicare Supplement plans What is the best Medicare supplement plan for 2021 or 2020 and so on. This one will be different than any you may have seen to date. I will help you identify which Medicare supplement plan that you will most likely be happiest with and I will accomplish this without showing you a table of benefits and pointing at deductibles and such. That’s just not necessary.
For the Best Medicare Supplement Plans Let’s first address the elephant in the room; the fact is there are no BAD Medicare supplement plans. Every Medicare supplement plan will do exactly what Medicare tells it to do. If you are watching this video and you have already decided to go with a Medicare supplement plan and not a Medicare Advantage plan, then I congratulate you. You have already made the most important decision facing those who are new to Medicare.
So, if all the Medicare supplement plans are good, which on is best?
Perhaps the better way to word that question is which plan is right for you?
Let’s start with this simple, but bold assertion; the debate between Medicare supplement Plan G versus Medicare supplement Plan N is not one of benefits and costs, but of personality. Your personality.
Let me show you.
Medicare supplement Plan G offers the most health coverage of any Medicare supplement that is available to those who are new to Medicare.
With a Plan G you can spend a year in the hospital as an inpatient and it will not cost you a dime. Your inpatient services are covered at 100%.
With a Plan G your only expense for inpatient and outpatient Medicare bills is the annual Medicare Part B deductible.
This is what I call the Peace of Mind plan. People who choose a Medicare supplement Plan G just want great coverage, so they do not have to think about their healthcare. It’s just paid for. It offers complete Peace of Mind.
To the person who chooses a Medicare supplement Plan G that peace of mind coverage is more important than the extra money it cost relative to your other Medicare supplement choices. It’s that simple.
Let’s compare that to the Medicare supplement Plan N.
Medicare supplement Plan N has less insurance coverage than the Plan G and cost less.
But there is a catch beyond just the lower premium.
We need to look at this closely to understand.
A Medicare Supplement Plan N is just like Plan G in that you can spend a year in the hospital and it won’t cost a dime. You have 100% inpatient coverage.
Also, just like Plan G you will have to pay the Medicare Part B deductible when you first see a doctor in any calendar year. That’s approximately $200.
But here is where this plan is different. With a Plan N, whenever you see a doctor for a diagnosis or evaluation you will pay up to a $20 copay. It doesn’t matter if it is a Primary Care doctor or a Specialist, it’s no more than $20.
If you go into an emergency room, there is up to a $50 copay that is waived if you end up staying as an inpatient in the hospital.
Now, this is important and often misunderstood – the $20 copay is for diagnosis and evaluation visits only. There is no copay for physical therapy. There is no copay for when you get a flu shot. There is no copay if you end up with chemotherapy infusions once a week. There is no copay for telehealth meetings and there is no copay when you go to an Urgent Care center. The copay is only for an in-office visit for diagnosis or evaluation.

#MedicareSupplementPlans #BestMedicareSupplementPlan #MedigapSeminars #MedicareExplained #MedigapPlanGvsPlanN

[justaoldguy]

This guy should train YouTubers on making videos. Tell 'em what you're going to tell 'em, tell 'em, then tell 'em what you told 'em.

[DatNguyen-gipi]

I am only 66 years old, I see doctor once a year for physical check up, so plan N is for me.

[amykeywood]

At 65 and working in healthcare, there are so many day-to-day responsibilities I need to focus on with patient healthcare. I chose Plan G while I am still able to make good judgement decisions, like being proactive. Plan G will be working for me in the background while I work for others in the foreground. Very helpful video sir. Thank you! Monday I am putting Plan G on auto pilot for me.

[paulasmall]

Very helpful video. This my year to sign up. I have been pulling my hair, but with your help I have a better understanding. Thank you so much.

[heloc]

My wife is a Plan G person while I'm Plan N. Both of us on Plan G 2 make it simple in case something happens to me I have the peace of mind she understands what is going on & what needs to be done. Superb video, thanks!

[CarolReidCA]

I like the G, yet would want to see side-by-side rates and scenarios.
I don't believe the stress of bills when you're not feeling well is a great idea.

[jaypiper]

Matthew and his videos made transitioning to Medicare understandable and much easier. Both I and a friend used Medigap Seminars' services to select and sign up for supplement plans, Part D coverage, and more. He and his agent Candy Champion were and have continued to be especially helpful.

[willw]

Mathew I would say that was very direct and straight forward information. I personally am confused about all this and running out of time to decide but I think that help clear things up some for me. I'll be watching more of your videos because I like the way you explain things. Thank you

[ut]

you have a very good presentation style, slow, to the point, and very easy to understand :)

[stevejimmerson]

I am a Plan N person and customer of your agency. Thanks for keeping me up to date on changes as them come.

[milliesimon-dufault]

I'm a plan G person. After having a severely disabled, medically fragile son for 25 years, and dealing with catastrophic health care needs; I need the security of being prepared for anything. Thank you for your informative videos!

[adelpatedJJS]

I'm a plan N person. Thank you for your videos. I had no idea what all this meant, but knew I had to be making a decision within the next 6 months. I have no doubt I will be able to make a knowledgeable decision now.

[markstone]

So far drifting towards a plan N. I value peace of mind but don't mind taking some responsibility to live frugally. Love your videos. I will be calling.

[whatsamattau]

Matt, Thank you so much for your insightful video, totally awesome! Really cleared up most of my massive confusion. I am leaning towards Plan G. I believe the old axiom you get what you pay for. I am a retired Federal employee, CSRS offset, just turned 65. Currently I pay about $580./per month for self plus one health benefit plan, plus another $92. for BENEFIDS. Looking to keep most comprehensive plan while lowering cost, of course. Thanks again, Phil.

[debrahoffman]

Newly eligible, trending toward Plan HDG. I'm fine with "putting in a little effort" toward planning and saving, which is why I have tried to do that all along (up front), meaning in retirement maybe I'll get to pull back a bit and just enjoy some "peace of mind". That will become even more important should I become increasingly less capable (or motivated), and it also becomes more difficult to switch plans.

[wk]

EXCELLENT video. Thank you. For us, Plan G starting 3/21 for three reasons: 1) It’s most like our current employer retiree healthcare— great coverage, but costly. We have to transition to Medicare when eligible and we are already used to paying a fairly high monthly premium 2) Last fall, a tough to diagnose issue sent one of us to multiple specialists who ordered multiple scans and tests. With current employer retiree healthcare, there were no worries about networks, deductibles or excess charges as we bounced from one specialist and hospital group to another 3) Peace of mind. When faced with a serious health issue, the last thing I want to worry about is picking and choosing options based on cost.

[lorrainem]

Not eligible until 1/22 but I think I’d be a G. Doing some investigating for my mother right now. You are a wealth of information. Thank you.

[sharlexnow]

Thank you so much for an excellent presentation explaining the differences we should consider when choosing a plan.

[madlydevine]

Listened to this video on behalf of my mother who is shopping around and determined she is a plan G - we learned a lot from your video, thank you

[rd]

My wife and I are a Plan N personalities. Thank you.