Best Medicare Supplement Plan

Do you want to make sure you get the best Medicare plan when you turn 65 and are eligible for Medicare? If so there are several things to consider:
  1. The best Medicare Supplement plans can be different for different people! Some individuals prefer the Medigap Plan F coverage which has no co-pays, deductibles or coinsurance. Others enjoy the Plan G which only has a Part B deductible and is usually 10% cheaper than the Plan F.
  2. The best Medicare plan for prescriptions is usually going to be the one that covers your prescriptions with the least out of pocket costs for the year. Insurance Agents are not allowed to say "the best Part D plan or best Medicare Advantage Plan." So what we say is the most cost efficient plan for your according to the Medicare.gov website for the next plan year is XYZ Insurance Company Preferred Plan with a premium of $00.00.
  3. The best Medicare Advantage Plan is a little tougher to calculate. You must take into calculation the providers in network/out of network with the plan, does it offer drug coverage and does it cover your prescriptions, what are the plan deductibles, co-pays and coinsurance, and many other questions. Medicare.gov is a good resource.

Best Medicare Supplement Plan

When a family member of mine turned 65 the asked me,

What is the best Medicare Supplement plan I can get? I do not want to have to worry about is my doctor in the network and I do not want major out of pocket costs because I am on Social Security with a small retirement.

My response was that she should get a Medicare Supplement and a Part D prescription plan. The most cost effective Part D plan was easy because she was only taking two prescriptions and she lived in a relatively inexpensive state for Medicare Supplements with a $100 premium for a Plan F.

As a family, we felt secure that she enrolled in the Best Medicare plans available for her. If you would like help finding the best Medicare Supplement plan for your needs, contact us at (877) 759-5760.