In 2018, if you are going to be needing extensive medical coverage, then Medicare Supplement Plan G for 2018 may be your best choice. It’s one of the plans offering the most coverage, but it is often priced quite reasonably. It’s also the most popular plan right now, out of all of Medicare’s supplemental offerings.
You won’t find it through Medicare, though. Unlike the base medical plan, you can only get Plan G and all other supplemental plans through private insurance companies. These companies are given few rules by Medicare as to what plans they must offer and the kind of coverage each plan must offer. They can’t touch the coverage in any way, but they can set their own prices.
You’ll want to take this information into account as you look or the plan that fits you best. If you are trying to find Plan G, you should know that not every insurance company that sells Medicare supplements will offer it. Even though it is the most sought after supplement plan, it’s not one that Medicare requires insurance companies to sell. As Plan G continues to stay popular, more companies are likely to to pick it up and add it to their list of available plans, but don’t count on seeing it everywhere.
Do You Need Plan G?
Before you start comparing prices on Plan G or any other Medicare supplement plan, you ought to consider if you really need that plan. You should examine your state of health, and you can even talk to your doctor about what kinds of expenses you should be expecting to deal with soon. Ask about what health problems you may need to deal with and what treatment you might have to go through. Your doctor is your best hope for figuring out your state of health for the near future, but even your doctor’s best guess can be wrong, so it’s wise to have a little extra insurance coverage, if you can afford it.
To determine if Plan G is a good supplemental coverage plan for you, you will have to examine its coverage as well. Each plan is different, and Plan G has its own set of coverage that is a bit different from the other plans.
You will get coverage for all the copayments (for both Medicare parts A and B) as well as coinsurance coverage for nursing care treatment and for hospital expenses. These may not cover all those related expenses, but they will cover a large portion of them and make those healthcare expenses more affordable.
You will also be covered for the Medicare Part A deductible (but not Part B and the Part B excess charges. Plan G is one of only two plans to cover the Part B excess charges. You should consider carefully if you need that coverage then, as this is an uncommon expense.
Medicare Supplement Plan G for 2018 will also cover you for some more blood. That’s beyond what you are covered for by the Medicare basic plan. You get three additional pints of blood each year. If you are having to pay for that yourself, you might be surprised at how expensive that can be.
Finally, Plan G will cover you for foreign travel exchange, for as much as 80% of the cost and as much as $50,000 over your lifetime. If you need to be transported to a medical facilty for emergency treatment outside the United States, then this item of coverage will take care of you, but you will need to pay the deductible before you can receive any coverage.
Finding the Best Plan
Maybe Plan G is the right paln for you and maybe there is another plan that will work better in your situation. Yo won’t really know until you do some research and examine and compare these plans. They all have something unique to offer, and you should be able to find a plan that suits your needs, if you do a little searching.
As you look at the plans and the coverage they offer, take note that the coverage won’t be changing for the coming year. It might change in 2019, but if it does, then Medicare will let its members know ahead of time. Medicare doesn’t want you to be caught off guard with any coverage changes and not be ready to sign up for the most appropriate plan for you.
Plan G is the most cost-effective of all the supplement plans. It has a lot of coverage that it is providing for you, but it is often priced much more competitively than Plan F, which offers only a bit more coverage. That makes it ideal for people who need a lot of medical coverage and who have a lot of medical bills to pay but who may not have a lot of money to spend on coverage. Plan G can save them money on their healthcare and make it more affordable for them in a way that other plans simply can’t.
You will have to consider if this plan is right for you or if it offers too much or too little coverage. There are plans that do more or that cost less, and you should be looking at the other options before you make your choice. You want to choose the plan that is best suited to you, and you can only make that determination by examining the plans and what they can offer you.
If you are interested in Plan G later, sometime after 2018, you need to consider that it may have changed. You should also know that the rates will have changed, so if you did any rate checking and sourced some premiums for the plans before, you will need to get updated numbers before you make your decision. Rates change constantly, and it is in your best interests to keep up with those rates and keep your information refreshed before you buy Medicare Supplement Plan G for 2018 or any other plan.