Medicare Supplement Plan F is the most popular Medigap plan. It is the most comprehensive benefit plan available of the Medigap policies and will leave the beneficiary with minimal out of pocket expenses for medical and hospital expenses. Rates vary from company to company this is why shopping with Long Island Insurance Solutions is important. We offer many companies and can compare them for you to find the right plan at the right price!
When choosing Medicare Supplement Plan F, it is important to keep this in mind:
There are two versions of Medicare Supplement Plan F
- Standard Plan F
- High Deductible Plan F
The only difference is that with the High-Deductible Plan F the beneficiary pays out of pocket expenses after Medicare until a calendar year deductible is reached. The High-Deductible Plan costs the beneficiary significantly less in premium per month than the Standard Plan F.
Are All Companies The Same Price For Medicare Supplement Plan F ?
There are many companies who offer Medicare Supplement Plan F. While the plan itself does not vary, the pricing can vary from company to company.
I heard that Medicare Supplement Plan F Was Being Discontinued?
After 2020, Medicare Supplement Plan F will no longer be available to newly eligible Medicare beneficiaries. If you were eligible for Medicare Part A prior to 2020, you can continue to enroll in Medicare Supplement Plan F. Congress decides which plans stay and which plans get phased out.
What Is Medicare Supplement Plan F + (plus)?
The High Deductible version of Medicare Supplement Plan F is also referred to as Medicare Supplement Plan F + (plus).
Do You Have Other Questions About Medicare Supplement Plan F Plans?
Do you need help navigating Medicare and understanding the Medicare options available to you? We’re here to help! Our agency has dedicated ourselves to helping Medicare eligible customers navigate the Medicare Maze for over 30 years! Why not let us help you find a supplement plan that works for your situation and budget. Please give us a call.