5 Reasons to Consider Medicare Supplement High Deductible Plan F

In this video, I share valuable information about Medicare Supplement High Deductible Plan F.

✔ What is High Deductible Plan F (HDF)?

✔ How Medicare Supplement Plan F compares to Plan F.

✔ Five reasons why you may want to consider HDF.

✔ Changing from a HDF to another Medigap plan.

✔ The future of Medicare Supplement HDF and rates.

[kyham]

Like others, I like your "one subject" videos. Very comprehensive. I am noticing HDF premiums are usually not published with the other plan premiums. Do HDF plans provide less profit for companies, and, lower commissions for agents?

[MSDOGS]

Good video and describes exactly what I am considering. I have a quote for $38 and change for an F-HD in MS. The quote for G is around $106/mo so not bad either. But I have always been a HD kind of person and have looked at insurance as protecting me in a catastrophic situation. My current individual health plan is a $10k ded one and I have had it for 12 years. So a $2300 ded seems like a gold plan coming from what I have had. Ha. Even if I come down with a chronic problem and I have to pay $2300 year after year, my overall out of pocket cost($2300+premiums) will still be less than what I have been paying for my current premiums alone. Still have a few more weeks to decide as I turn 65 in July but I'm leaning towards F-HD.

[lutherprice]

I live in Florida where Medigap premiums are very expensive, my wife’s plan G is $187. I will be 65 in May 2019 and I’m leaning toward the plan F HD, premium cost of $55. The broker I’m talking to has a company that will lock in my premiums as long as I’m with the company. I have the means to pay a high deductible if needed. My issue is paying $190 now and much more down the road. Thank you for the info.

[AlvaSudden]

Dear Joann: What about Plans K and L? They at least pay the Part A co-insurance, and a portion of other costs. I cannot find any videos on them that explain/analyze. Please help.

[JWREnvironment]

I am sharing these videos with coworkers who have Medicare questions, as they are so very helpful and clear. Bravo, Joann, for your clear organization and insights! have high deductible Plan F with a company I will call Company A. I reside in California. Can I switch to a new Company B or am I locked in for life with Company A because I picked it when I started Medicare? Or would I have to go through a medical insurance underwriting process? Thanks for your insights on this switching question.

[wheetypeedy]

Do I pay 2300$ high deductible before I can use my insurance? Or would I pay a certain percentage of the dr office visit (just for office visits) Hospitals are 50$ deductible Per part b? Where can this plan get overly expensive compared to N or G? Thanks

[dalek]

Great video.. Are there insurance companies that will actually lock in your premium for HD F?? Is it determined by what state you live in?? I am leaning towards the HD F, but as some here have mentioned am concerned about future premium increases...

[mattbrennan]

I’m turning 65 in 2020 and I believe FHD will change to GHD. I live in Florida and doing the math it seems that my annual premium for plan G vs my possible out of pocket for GFD would lead me to choose GFD. Am I missing something?
Thanks

[Now_lets_get_this_straight]

Why do I keep hearing about a high deductible plan G but can’t find anything on it?

[joywalters]

Hi, Joann! You seem much more enthusiastic about the high deductible Plan F than Medicare Advantage.

[olgamaria]

I have plan F with the High Deductible. This year the premium will be about $73.53. The insurance company is trying to talk me into plan "N" and the premium is about $190.00. They say that it will save me money in the long run. How can paying nearly 2 and 1/2 times what I
pay now for the premium save me money. I am in Pennsylvania and not subject to "excess charges". I am 71 years old and I am
thinking that every year that I don't use the high deductible in Plan F that I am saving about $2300. PS....and people think Medicare is free!!!
I am not sure if I should change to plan "N".

[tonyreddy]

Would you expect HD G to be more stable than HD F b/c. F will be shrinking while G will be growing

[dianepfahler]

A couple of comments, Joann. First, as to HDF and even "regular" F, those who are grandfathered in (and remain) will be an aging population which, of course, means increasing ills and ails, likely chronic. This, in turn, will mean higher costs (premium and deductible) for the subscribers. Then, if/when these people change plans, they can only go "downward" to another plan. Of course, that's also true of any of us who change plans. We can only go "lower, " not to a "higher" plan. I'm sorry I don't have better terminology. Also, please correct me if I'm wrong

[thesituation]

Hi Joann! I know you have made videos on Plan F, G, N but curious why there's no video on Medigap Plan C?? It looks like C and N are almost identical.

[AlvaSudden]

This plan sounds like a dream---for the insurance company. Because: you pay all your expenses, in most years, and the company pays 0. PLUS you pay a premium to the insurance company. You get nothing, except in maybe in the one year out of 10 that you have a serious problem

[danob]

Would I be responsible for co-pays under HDF (until I reached the deductible cap) or only the 20%?

[Remedigap]

Still not sure about Medicare Supplement High Deductible Plan F? Leave a comment and let me know.

[Trailhound]

Jill, Are you concerned about recommending any Plan F to a client since I understand it is being discontinued. That means Plan F plan premiums could soar with no cap on premiums and if the client develops a medical condition could not change to another plan, even within the same company. Am I missing something on going into any kind of a Plan F at this time.

[jamescalifornia]

For me Plan *F* high deductible works fine ... 👌 _( stay off Medicare Advantage !! )_

[olgamaria]

Clarifying my previous comment: Plan F High Deductible will be costing me $73.53. My recollection is that plan N premium is about $190 a month. This info was in my previous comment but I was contacted by someone who said this info was needed for comparison. PS: I went with Plan FHD. Hope this is helpful.