Here’s why it may be too early to say. Medigap Plan F has long been the leading choice because it offers the most benefits of all of the Medicare Supplement insurance policies. In exchange for the most comprehensive coverage, people typically pay higher premiums for this plan than for the other Medigap Plans.
Last year, there were changes in Medicare Supplement Insurance. Two new Medigap Plans became available and both were considered to be low cost. A couple of existing plans were also taken off the market.
This year, Medicare expanded its coverage for what’s considered preventive health care services. That meant it paid for 100 percent of doctors’ bills rather than the standard 80 percent if those services met federal standards for being the type of care than helps you maintain your health. Included in this full coverage are annual exams, vaccinations, checking for high blood pressure and high cholesterol, procedures to detect common forms of cancer like colonoscopies and mammograms, and a lot more.
While these changes offer significant opportunities for Medicare beneficiaries, surveys are suggesting that beneficiaries aren’t getting adequate information about how Medicare and the ways to supplement Medicare coverage have changed. If you want to learn more about how Medicare has changed and what your options are to reduce your financial risk for health care not covered by Medicare, we have posted a lot of information on our site. We also provide free consultations with licensed agents to discuss your situation. Our independent experts will research the Medicare Supplement Plans available from different insurance companies and help you compare rates and benefits.