Why I Would Never Choose Medigap Plan G? 

That peace of mind can really come in handy!

Me too 🙌

Always good to have a plan!

Yessss....If you can afford......don't listen to this insanity to save $300 total on your premiums....😮....when you might someday be looking at huge $$$$$ bills! Stay 💪

@@danielhuntington2116 What HUGE bills are you talking about?? Plan N is pretty much the same coverage just with a $20 copay.

@@MedicareonVideo By leading with how you led....we can't take you seriously! Hope you'll think about that going forward!

If you are going to meet that difference in premium paying copayments, it is a great option to go Plan G

Changing plans in a state with underwriting does depend on whether or not major health issues are at play. A lot of people like the peace of mind Plan G offers. I always like to compare the two (G vs N) based on value.

So why do I pay$ 711 for a plan G every 3 months?

That seems a bit high- good idea to shop your plan through underwriting if possible

@@MedicareonVideo , that is not totally accurate. I'm in a state that has underwriting. However, in my state (WA), you can change from any Medigap plan B through N to another other plan B through N.

Some people prefer the higher premium to bring the peace of mind!

Always very nice to receive funds toward health insurance in a retirement plan!

Not a bad idea!

Yes, brokers receive larger commission for Medicare Advantage plans. I do not sell Medicare Advantage. Plan G is a fantastic option for many people, especially with pre-existing history. It is my goal to show that is not the only option. I always weigh out G vs N on a case by case basis.

Yes, exactly. Everyone coming into Medicare needs to understand that there are options aside from Plan G. Plan G is a fantastic plan, but it is not a one size fits all scenario. I have plenty of clients on Plan G, Plan N, and Plan GHD.

43$ here a month in KS

Thank you! Just put up my 100k subscribers plaque on the wall for this video!

Only saying if the premium difference between N & G is too big then I would not choose G. G has the best coverage by far.

@@jillmiller5134 Also, you are not necessarily stuck with the G plan unless you have some health issues you’re dealing with. At which point, the G plan probably makes the most sense for you. It depends where you live & the cost difference. G plan is the best insurance the country offers for seniors today. If you are healthy enough to qualify, it is worth asking a broker like this gentleman if you can qualify for the N plan. The difference is every specialist appointment is $20 co pay, and Emergency room visits are $50 co pay. You still pay the annual $240 deductible, just with those minor differences. I believe there is 1 more difference also, but it’s something so rare it seldom applies to the majority of people on Medicare. For the 10 minuets of your time, it is worth calling this gentleman and seeing if you can qualify for the N plan. If you’re concerned about previous health conditions and don’t feel you’ll qualify with medical underwriting, please rest assure you are in the best plan for your needs. I miss selling medi-gap plans, because the only “compliant” is the monthly premiums that change year over year. Never an issue with DR’s, hospital payouts, or access to a facility.

Pay the premium, it will be far less costly in the long run. Trust me, i know from experience.

Right, it's enough of a difference. Plan N is a no brainer, especially in our neck of the woods.

I agree, we mostly see Plan N or GHD in FL because the Plan G is usually not the best value unless it is going to be significantly utilized.

Actually, it all depends on your health at the time you apply. If you have a lot of health issues and see a lot of doctors and need a lot of test and imaging throughout the year like me, then plan G is the way to go. But if you health is good then plan N is the way to go. Just keep in mind that your health can change in an instant and if you have plan N then you may end up paying a lot out of pocket later down the road.

@@billbeeb1803 very true. Famous quote that you get what you pay for although that does not necessarily mean that the G plan is the best for everyone working in the industry. I speak with seniors that are 85 years old or more and claim they haven’t been to a doctor since birth. Although that is hard to believe those individuals exist.

@@billbeeb1803 Most peoples heath will not improve with age. Always keep that in mind.

I love G just depends on the price.

They make more selling advantage

I agree with Clifford. You say "if Plan G is $25/month more than Plan N, then you should go with Plan N". But your video is called "Why I Would NEVER Choose Medigap Plan G" (caps added). But if a comparable Plan G was less than $25/month more, then you would, right? Bottom line, you should change the title of the video. Great work explaining Medicare! Thanks!

​@@markballinger5090 Actually, it all depends on your health at the time you apply. If you have a lot of health issues and see a lot of doctors and need a lot of test and imaging throughout the year like me, then plan G is the way to go. But if you health is good then plan N is the way to go. Just keep in mind that your health can change in an instant and if you have plan N then you may end up paying a lot out of pocket later down the road.

It really depends a lot on the premium difference. If the difference between the plans is more than $25, you would need to see at least one doctor a month in order to meet that difference. It is possible, but not likely for many people. Things may change down the road, but you can save a lot of premium with Plan N. Both are good options.

@@MedicareonVideo What about imaging and blood test. My Rheumatologist sends me out for blood test 3 to 4 times a year and imaging once a year, and my Orthopedic does imaging once a year, my Urologist does blood test once a year and my PCP does blood test twice a year. That can add up to a lot of co-pays.

Copayments are for "office visits." Lab work is not coded as an office visit. It is all about the code used in billing for the service

@@MedicareonVideo I just want to make sure I understand correctly. Lab work and imaging have no copays. Just doctor visits only. If that's the case than plan N might be what I need. One more thing. If I switch to Plan N then I can't switch back to plan G without underwriting. I live in California where they have the birthday rule if that makes a difference.

Still a luxury car!

Yes, Medicare Advantage plans make choices for you, rather than your providers.

No idea where that info would come from. With Plan G max out of pocket for the year is the Part B deductible - $240. Plan N just has some extra copays. So both signifcantly less than Medicare Advantage.

@@MedicareonVideo Thank you for the reply and information.

The quick answer is no. Plann G is the Cadillac of plans.. Yes it cost more however, you don’t get any bills, you don’t have to worry about the 20% that Parts an and B don’t cover and you can pick your own specialists doctors. The whole reason for supplement plan is so you don’t have significant financial burdens. At this age, we want peace of mind, and not surprise bills..

Office visit copayments cap at $20 per visit. If the difference in premium is more than $25, I would consider Plan N if I do not anticipate more than 2 office visits per month.

Part D and Vision/Dental are separate from Medigap Plans. Many Part D plans now have $0 premium, and dental/vision plans can be pretty affordable. A lot of the dental and vision benefits on Medicare Advantage aren't great :(

My wife and I are 77, have no health issues, take no meds, are very active, eat very healthy, come from long living families and still are running our own 2 person business. We've had our cateract surgeries and have our hearing aids. We live in SoCal. Our Medicare Advantage HMO with Aetna is no longer accepted by our local hospital which is owned by Providence out of Seattle. Is this the time for us to move to another Advantage plan or move to original Medicare and buy a supplement? My wife has a lot of experience in this area and even she is confused.

The time of year you are able to switch is coming up on October 15th. The thing to remember with moving from Medicare Advantage to a Medicare Supplement plan is the medical underwriting. Your health history is assessed on the application, so you have to be in good health to move. Most people want to wait until something major happens, but underwriting makes that not possible. I would recommend taking a look during the open enrollment period since you are in good health.

@@denncorby4115 You are pointing out the quandary, you are pointing out the conditions when I think the switch from advantage to supplement is called for, and when you run the risk of being unable to switch due to having to pass health questions. Based on Family History, I won't really use health insurance until my mid 80's, problem is, I have to pay the premiums for a supplemental plan between now and then to avoid being trapped with advantage and seeing costs increase and convenience decline.

My website, www.MedicareOnVideo.com has a breakdown of each state. The states with no underwriting unfortunately are a small amount.

Yes, states that have birthday rules let you switch to a plan of equal or lesser benefits. It does help you from being trapped in a plan that has large rate increases.

I do not sell Medicare Advantage plans.

@@jackpalczynski7884 Massachusetts is a tricky state because the only way to sell Medicare in that state is to live in Massachusetts. Tbh, I’m not sure how plans work there. But I imagine it’s a hefty premium monthly. You get what you pay for.

Yes, the 1A is the equivalent of a Plan G. It definitely comes in handy with health issues. Also, although Massachusetts is year-round open enrollment for plans, they do not have an option of a high deductible plan like most other states. There is a plan called the Core Plan, but coverage is not great for the premium. I stick with 1A in MA.

"G" all the way. I have multiple health issues requiring very expensive treatments. I pay nothing other than the supplement premium.

All Medigap plans are sold through private insurance carriers, but regulated through Medicare. Some carriers will offer extra benefits on top of the standard Plan G.

Toyotas are more reliable and cheaper.

Plan N is available. Plan F is the plan not available for anyone who turned 65 after 2020.

You can only have one Medigap plan or one Medicare Advantage plan. Having multiple plans would be costly and not beneficial because you would be over-insured

Excess charges are possible, but rare in most cases. The copayments for an office visit cap at $20 per visit, so it is dependent on how many visits you anticipate.

Excess charges are possible, but very rare. I wouldn't let the possibility of an excess charge sway me between the two.

GHD is almost always the best choice in NY!

Plan N can save you a lot in premiums!

Plan N is a great option!

Don't see a lot of Plan Ls

@@MedicareonVideo Consider making a video talking about Plan L vs Plan G High Deductible...🙂 Comparisons

​@@garyrhode3755 i have a feeling the moop is what attracted you into plan L right?

Don't jinx it!!

How so? I review in the video why Plan G, although a good option, is not the only option. A lot of people insist is is Plan G or nothing, and that is not the case for many people.

@@MedicareonVideo The title you chose implies Plan G is bad. Misleading at best. It would've been better if you just provided options and share your pros and cons for each plan. I know you meant well but health issues can occur when you least expect it. Trying to save a few dollars can end up costing a lot more.

I disagree. I think bad advice would be to sell everyone a Plan G, regardless of health or financials. This video is aimed at showing Medicare beneficiaries that there are other options for Medicare Supplement plans that should be assessed, like Plan N and Plan GHD.

I think I'm funny!

The maximum out-of-pocket an Medicare Advantage Plan can be in 2024 is $8,850 for covered in-network services, not $2,800. Also, the dental and vision benefits are usually minimal. Many people with Medicare Advantage plans still also pick up other stand-alone dental and vision plans because the coverage is not enough.

@@MedicareonVideo I had MA two years ago. My max outlay for everything per year was $2800.00. Maybe others are more expensive but be honest OM is expensive.

My Medicare A, B, C (Plan G extra) and D come to only $424 a month. My Plan G extra includes dental cleanings, capped expenses for eye glasses, and flat rate fees for hearing aids.

Yes, but, you have to be approved for every single procedure and your doctors and hospital have to take your specific Advantage plan, or you are SOL with an Advantage plan.

​@@matthewhoffman9788you CANNOT have both plan C (Medicare Advantage plan and a Medicare Supplement plan (Plan G etc.) at the same time!!

That is not accurate.

If you've met your Part B deductible, you shouldn't be getting bills from the doctor with Plan G, unless that doctor doesn't accept Medicare.

@@bennasir6793 happy to help 877- 885-3484