Best rated Medicare Supplement Insurance plan
Wanting to know Best rated Medicare Supplement Plan? Well, let’s talk a little bit about what Medicare Supplement, or Medigap, plans do, They fill in the gaps in coverage left behind by Original Medicare, such as deductibles, coinsurance, and copayments. In 47 states, there are 10 standardized Medigap plans that are denoted by the letters A through N. The private insurance companies offering these plans do not have to offer every Medigap plan, but they must offer at least Plan A and either Plan C or Plan F if they choose to offer any supplemental coverage. Over the years, they have discontinued some of the original plan letters. like plan letter J. When the original Plans A through J were offered, each plan had increasingly more benefits and was generally increasingly more expensive. Plan A was the bare-bones basic plan and Plan J was the top of the line with the most benefits and generally the most expensive. Right in the middle was Plan F which, on the spectrum of increasingly more benefits, was the first plan to offer 100% coverage on Part B excess charges and the Part B deductible. In fact, since Plan J was discontinued in June 2010 Plan F is the only plan that has both of these benefits.
If you go with a Medigap plan your benefits will stay the same year to year. No matter what company no matter what state by law if you have let’s say a plan letter F then they must be the same Benefits with the same Plan letter.
Best rated Medicare Supplement Plan
Consumers spent more than $14 billion on Medigap in 2010 and 60% of that total was spent on Plan F, the most popular plan. The main reason this is the best rated Medicare supplement plan is because this plan is going to cover you 100%. It is also the easiest plan to use. As long as you pay your monthly premium you will be covered. No copayments no deductible and no maximum out of pocket.
Want to know more about Medigap and the best plans for your Medicare. Call me at
(475) 88CARLY / (475)-882-2759