Medicare Supplement - Plan G vs Plan N - 2024 Update

[@JohnVicari]

As always great information from Senior Advisors and Justin! Thank you!

[@SeniorAdvisorsMedicare]

Thanks for watching and providing feedback John!

[@LARRYLEIBOWITZ]

As always a clear and concise update of necessary financial needs related to the medical care for we seniors... Thank you continue the good work as I welcome more videos

[@SeniorAdvisorsMedicare]

Thanks Larry! Appreciate the comments :-)

[@marileetirado4561]

Thanks for the great information and concise explanation. Always appreciate the advise and information you provide us!

[@SeniorAdvisorsMedicare]

Thanks for watching Marilee , and sharing some feedback!

[@RetirementRefined]

Great Update, thank you!

[@SeniorAdvisorsMedicare]

Thanks for watching and sharing your feedback!

[@Shortie5-1]

My father's Aetna advantage plan cancels at the end of 2024 and no longer have that plan for 2025. Does he qualify to enroll in Supplement plans without underwriting? He currently is very healthy and has no medical records except for flu shots and check up at primary doctor. I just want to make sure. I heard what you said in your video about cancellation on advantage plan.

[@SeniorAdvisorsMedicare]

Hello - yes he can get a supplement no problem

[@user-nm5yv6ij8w]

FINALLY! We finally have a video on KZbin from a person who is smart enough to know that Connecticut CAN charge excess charges, and that excess charges could be more common in the future! Bravo, sir.

[@SeniorAdvisorsMedicare]

Thanks for watching!

[@jameskelly9243]

They all tell you that

[@SpynCycle57]

Something I've not heard anyone mention is that the Plan N copays are not indexed for inflation. The Medicare Part B premium is indexed for inflation. The part B annual deductible is indexed for inflation. The part A copay is indexed for inflation. The plan K & plan L max out of pocket amount is indexed for inflation. The plan N max copays of $20 & $50 isn't indexed for inflation. Years in the future the plan N copays will still be $20 & $50.

[@SeniorAdvisorsMedicare]

Yes, good point. The government will probably sunset Plan N (like they did with H, I, J, F…) if the low copays become an issue for sustainability.

[@NoMoreTears64]

Clear and concise information. I REALLY REALLY don't know which way to go because WHO can see into the future?

[@SeniorAdvisorsMedicare]

Hello - if you give us a call , when can review your specific situation to get you the best premium/carrier options for Plan G and N based on your situation . Then we can try to help with your comparison :-) 866-751-2213

[@NoMoreTears64]

@@SeniorAdvisorsMedicare I know and I will. I am still a few months out. I turn 65 in December. I KNOW what I want to do, but the wild card is my rent. I feel like whatever I choose I will have to let go of in June 2025. It's a matter of good Healthcare or roof over my head. Difficult choice.

[@diannecooper4946]

Excellent. Can I use you for my agent?

[@SeniorAdvisorsMedicare]

Yes we can certainly help you with your Medicare plans - you can give us a call today at 908-272-1970. My calendar tends to get booked out several weeks ; if you need something sooner , I have a stellar team of agents here that can assist - Rod, Bob, and Nick!

[@ericbond5276]

Guaranteed issue scenario, what if the person is hit by a car or mugged ala victim of a crime?

[@SeniorAdvisorsMedicare]

This is an unfortunate situation but has nothing to do with Guaranteed Issue periods for Medicare Supplements.

[@ericbond5276]

What if a doctor isn't taking new patients??

[@SeniorAdvisorsMedicare]

Hello. I’m not sure I understand the question. If a doctor isn’t taking new patients, you would need to find another doctor that is taking new patients.

[@ericbond5276]

@@SeniorAdvisorsMedicare When I was on Medicaid, I was looking for a dentist. The receptionist gatekeeper said No new patients.

[@guloguloguy]

THANK YOU, FOR ALL OF YOUR EXCELLENT, CLEAR, CONCISE TUTORIAL/EXPLANATIONS, OF THESE MANY "MEDICARE PLANS"! MUCH APPRECIATED!! ["SHARED"]

[@SeniorAdvisorsMedicare]

You're very welcome!

[@johnscott2746]

Excess charges are only charged by 2% of doctors in this country. Just ask if they accept Medicare assignment. If they don’t accept assignment, then Medicare allows 95% of the regular approved amount and the doctor can add on 15% of that amount. So if the approved amount was $100, they would allow $95 + 15%. Medicare would pay 80% of the $95 and your supplement plan would pay the difference up to $95. Then you would be responsible for the 15% of $95 which would be $14.25. There ARE situations where it could be a bit of money. If you have a specialist surgeon for your condition and his approved amount was $30,000 and he didn’t take assignment, then Medicare would allow him/her $28,500 and he could add on 15%. That would be $4275. But again, excess charges are a rare thing and not likely at all.

[@SeniorAdvisorsMedicare]

Thank you for your feedback.