Medicare Plan F - What you need to know
What you need to know about Medicare Plan F
In May 2018, Robert Bache aka "Medicare Bob" said, “Medicare Supplement Plan F is the most comprehensive Medicare Supplement plan that you can purchase.” This statement was 100% accurate in 2018. However, Medigap Plan F is not available for Medicare beneficiaries after January 1, 2020. On the other hand, beneficiaries who already had Plan F before January 1, 2020, could keep it.
More on Medicare Plan F
Did you know that Medicare Plan F pays for “all the Medicare Part A and Part B out of pocket costs” that Medicare does not pay? Original Medicare only pays 80% of Medicare-approved costs. Medicare Supplement Plan F pays your 20% for all Part A and Part B costs.
For example, Plan F pays your Part A hospital deductible of $1556 in 2022. Furthermore, anytime you have Medicare-approved medical procedures, Medicare pays 80%, and Plan F pays the remaining 20%. And with Medicare Plan F, your only expense is your monthly premium, which Robert anticipates may continue to increase.” In particular, Robert says, “We’ve seen some double-digit increases, which is larger than what we’ve seen in the past.”
Shop and Save on Medicare Plan F
You can shop Medigap Plan F with the top Medicare Supplement insurance companies. We can compare Plan F with the top A+ rated insurance carriers, so you get the best price! Call Senior Healthcare Direct at 1-833-463-3262, TTY 711 or get your quote.