The Best? Medicare Supplement Plan G Vs Plan N

[@medicare365]

Which plan are you on and why?

[@lizettramos9240]

Brian your such a great person helping the people out in getting a great plan thank you so much your the best always

[@medicare365]

Thanks Lizette!!!

[@nighthawk_predator1877]

Hello Brian! I will be calling you next year for sure!!!! Not sure of the month but I will most def be calling you. Thank you for all this great information.

[@carolinebeck807]

Plan N for us! Lately though every co pay has been $20. I believe because costs have gone up so much for the appointment and what Medicare allows and pays leave more money owed than $20. Latest example I paid $20 and plan N paid $6.05. I understand a supplemental plan is good to have if you get really sick. With my family history I assume my plan N will come in very handy and I'll be glad I have it!

[@Paul-GrnHil]

I am on a HDG. Please consider that Medicare covers 80% of the claim so if you are paying an extra $100 per month to be on a G plan versus HDG , you need to have $1200 divided by 20% or $6000 in claims to make up the premium difference. I’m confident that most years the HDG will be the better choice even when offset by a high claim year or two.

[@kathyann9643]

Not to mention the medicare negotiated rate is very low so it is more like just a small copay for most procedures or dr. visits. Dr. visits have been less than $20 for me.

[@harveyh3696]

Excellent information. Though you don't service my State (HI), I do appreciate what you have to say.

[@lizhaley803]

Please know, the cost of the premium of $140 is for people that a just retiring; as you get older, ( I’m 76 ) my premium is $278 mo. I have several medical conditions, although that’s a lot of $$, other than the $226 yr deductible. It is still financially worth it to me. It’s peace of mind.

[@medicare365]

Definitely Liz - It’s all about peace ☮️ of mind.

[@majormuscles1]

I'm not yet 65 and healthy and working and I pay more than 400 a month so that's not bad.

[@eyefocus2]

What if you go into hospital for surgery and during your stay you get visited by 2 drs, do you still pay $20 per visit?

[@mimi1o8]

That’s not considered office visit, that paid by the part A of Medicare

[@davec503]

Great coverage! Thx

[@medicare365]

Glad you liked it!

[@MikeM.nomiles]

Would u recommend keeping my Fedblu BC/BS after leaving the Gov and picking up a medigap or keeping the BC/BS? Thanks

[@lyndareymann2980]

And exactly how does "plan g suck"? " and exactly "what are we suppose to "do now"?Misleading title. Plan g costs more and has the most comprehensive coverage. You get what you pay for. If it truly sucks why do half of your clients have It??

[@KaliGold]

This guy makes all his thumbnails like that because they are clickbait

[@millerfamilymom]

Plan G is becoming the old Plan F and costs are rising faster because it has become the guaranteed entry for some cases. This influences rate increases because of the higher risks that come with it. N benefits are nearly the same, rates increase at a lower percentage (because of risk pool), and unless you go to a doctor 2 or 3 times a month, your out of pocket costs for the lower premium plus any co-pays will save you money overall. G is now the Cadillac plan since new enrollees don't have the F option. If you can afford the premium, go for it. He will sell you what you want, but I appreciate that he shows this option. Let's face it, Medicare socks and we have to pay one way or another to get basic care, so the individual needs and finances must be considered.

[@-Frost--]

This guy is a clown

[@Charlie9165]

@@millerfamilymom Respectfully disagree on Medicare sucking. It is by far the best insurance you can have along with a Medicare Supplement policy. Compared to the ACA aka Obamacare, there is just no comparison. I agree N is a good choice as is Plan G. There is not much difference in cost. Maybe about $20 per month depending on where you live and the company, it could be more or less. The bigger difference is the Medicare Part B Excess Charges. Does anyone trust that providers are going to continue accepting a fraction of the cost than they can get from non-Medicare plans? I am not willing to risk that. I know that almost all providers accept the much smaller payments, but change can happen sometimes pretty quickly. For the small difference in premium, Plan G rates are very stable since the deductible is assessed to everyone's plan after Jan 1 2020 except for Legacy plans. The deductible was the key to controlling abuse and higher outlays by Medicare and Insurance companies Not saying that any specific plan may have a higher rate hike any given year, but with a deductible on all plans now, the rates are pretty stable for both plans. This year was an exception because many people had delayed care during covid and small problems have became more serious ones requiring more care than they would they would have normally required. Also, I believe Plan D has become the guaranteed issue plan for those who qualify and not plan G anymore. Maybe someone else knows for sure.

[@JCB171]

He doesn't get his lifelong commission. That's what's wrong.

[@alexdavid24425]

How much plan G and N premium cost in Oregon?

[@brin3m]

Is it true that if you are on N and you want to switch to G you may not be able to?

[@lorettaroublick9767]

Plan G $226 deductible under your Dr. column. But I thought Part B was Dr. What is the difference. Thank you.

[@barbarafelipe7222]

I got Plan G thru AARP n supplement..bcuz im a Stage 3 Cancer Survivor - so i felt more at ease for my history of my cancer ..

[@medicare365]

Plan G definitely will put you at ease and give you great coverage. Good choice 👍🏼

[@patburton837]

Did you have to pay more for your coverage? I've been cancer free for over 5 years and I had to pay $394.00 for Plan G.

[@barbarafelipe7222]

@@patburton837 i have AARP medical supplement n rx.. automatically taken out monthly. Plan G.. 246.00 a month. Happy to hear u r a Cancer Survivor. Keep up a healthy life n eating.No sugar.. I’m plant base 💯. N a juicing queen of cruciferous vegatables n very holistic. 2 prescriptions for a Stage 3 cancer Survivor. N been i the 2 for 12 yrs.. nothing to do my pass Cancer. I was going to go w a different Rx plan but again Not taking any chances w my health. Stay Blessed n Stay Healthy 🙏

[@BlessedBeMyDay]

Your heading is not the way to get viewers. You are there to explain not talk bad about any of them

[@barbarafelipe7222]

@Pamr220 who r u commenting on..I don't have no heading..I don't even have a platform..But - But...I do agree that some people w platforms Do**Do misleading w their Heading * It's a dam shame..stay blessed 🙌

[@ramonal2205]

question, so many procedures including total joints are now same day discharge, out patient would the "hospital" bill still be paid in full on Plan N?

[@millerfamilymom]

@@ramonal2205 after annual deductible, it would. So, of you had already met that supplement picks up the co-pays that Medicare doesn't pay. This is my understanding.

[@hotwheel6663]

Yes but HDG only for 65 or older?

[@qstrian]

N is not currently a ‘guaranteed issue plan.’ So applicants must jump through hoops.

[@medicare365]

Tough

[@lindak1768]

I have plan N. I’m happy with it.

[@medicare365]

Keep it

[@a.m.v.6938]

Question, if I’m not receiving SS but sign up for Medicare plan G how will Medicare get paid ?

[@medicare365]

They will bill you.

[@tomconley2458]

You mentioned you will be penalized for not buying a plan D prescription plan. What is the penalty? What if you only take 1 or 2 medications, and 1 that isn’t covered by a part D drug plan. I’ve checked good Rx and it would be cheaper for me to use them instead of a part D plan. Is the penalty a late enrollment annual thing? Or something that accumulates every year from the time you go on Medicare? Update I just looked it up. It accumulates from the time of your initial Medicare enrollment. 1% for each month of non coverage. They add it on to your monthly Part D plan cost forever.😫 Thank you

[@mimi1o8]

Yeap. We are kind of forced to get plan D, regardless of taking meds or not.

[@markallandryden2965]

I switched from silver scripts, to well care. $0 premium. I only have 1 prescription that's regular , cost me a few bucks more than the first plan I used, but I'm still saving

[@lilshaz8378]

My understanding is any drug plan must be creditable with Part D so if your GOOD RX passes this test then you should be good.

[@lizettramos6422]

Hello brain in so happy to 👀 see you again it's me lizett 👑 from Calexico ca Kings of the valley Egypt saying hello. I'm am very happy your doing ok I sure I'm always looking if your on to support your channel I think I have been around over 2 years with you a little bit over when you gave 2000 dollars out of your poket I didn't win but I sure was happy I got the sentence correct at least that made me happy I am ok in fixing up a sentence with words ok time to say bye bye may God look out for you and beautiful 👪 family and my you have a blessing day🎃🎃🎃🎃🎃🎃🎃

[@medicare365]

Lizett! The next time I give money away, I hope you win!!!!

[@kena9022]

Is there a cap on EXCESS charges with plan N or is unlimited? That would be good to know before having to decide.

[@Charlie9165]

The cap is 15% over the Medicare approved amount I believe. For a doctor bill of $100, that is only a $15 surcharge, if it happened. Not much of a problem. However, Dialysis Chemotherapy and other Part B services could be quite expensive. So the excess charges would be quite a bit more. Ex: 15% of say 60k would be $9000. This is how I see it anyway. Both plans are good. It has more to do with whether a person is an optimist and willing to take on a little more risk for a little savings, or a pessimist and believes that providers may move away from accepting assignment in the future and a person wants to cover themselves for that scenario. That doesn't seem to be predicted any time soon, but one never knows or they wouldn't need to buy insurance to begin with imho.

[@Brian-uy2tj]

What if I start my medicare with say, plan G and then after a few months I get a job? Do I report the income immediately and my rates get adjusted right away too? of are my rates steady for the year and get adjusted nest year?

[@millerfamilymom]

@@Brian-uy2tj supplement plan rates aren't income based. Social Security and work can be tricky though for taxes.

[@cv1638]

My mom is 83 yrs old. When is the enrollment for medicare. I watch your vlogs and i think i have to change her plan to supplement part g. Shes healthy nd just have 2 medication. She lives in georgia

[@Charlie9165]

Your mom could apply for a Medicare supplement any time of year. However you need to consider that if she has a Medicare Advantage plan and it includes Part D (drug plan), she may need to wait until the Annual Election Period for Part D plans where she can choose a plan to go along with her Supplement Plan N or G or any one of the less popular lettered plans. Medicare Supplements do not have embedded drug plan within them. Medicare Advantage plans can have that benefit. I think most people have those plans unless they have VA drug coverage or other types of military service member drug coverage.

[@dq7143]

Can someone on plan N flip flop to plan G without medical underwriting - or some kind of penalty?

[@medicare365]

Switching without underwriting depends on where you live. No penalty for switching as far as I know.

[@richmanzano]

I heard you say that sometimes you can convert from a HDG to a G plan after 2 years without underwriting. Is this true for most major insurance companies? If so, can you switch after 5 or 10 years if you start to feel your medical events are starting to increase?

[@Charlie9165]

That sounds like it would be up to each individual insurance company. I would call around, but I would suspect that some companies may not want to take more risk on when people start getting ill. That would cause something called "adverse selection:" meaning that I will save money until i need more services and then I will apply for higher coverage. That is not a profit making endeavor for companies to pursue. I think Insurance companies depend on having enough healthy-to-sickly people-ratio for stability , and that would work against that principal.

[@stemikger]

HI Brian, what is the fee for your service and if my Wife turns 65 in March 2025, when should I apply? Thx

[@cynthiabenz3069]

@stemikger My understanding is that these agents don't charge a fee, because they are paid by the insurance companies.

[@millerfamilymom]

@@cynthiabenz3069 this is true.

[@82spiders]

Need a psychiatrist after dealing with insurance. Who is deducting what from whom?

[@gregorybailey828]

14:38 why would it be obvious New York has higher prices ? Medicare sets the price and larger number of people in the pool makes no sense. I can see different companies charge differently other than that to me location makes no sense at all .

[@medicare365]

Medicare sets the price? Thats the first I’ve heard that… with plan g. But what do I know, I’ve only been doing this for 17 years.

[@kim.in.nature.]

I turn 65 next year. My SS is only $750 a month. Am I eligible for a lower monthly premium? I want either plan N or HDG. I am trying to avoid Advantage Plans. I take no meds and have been healthy. Thanks for your educational videos.

[@mimi1o8]

I have less in SS and I have to pay everything out of pocket because my husband is still working. No premium reduction at all.

[@ContessaNail]

Plan G does not suck, stop bashing. I have been in the business for 25 years.

[@medicare365]

Maybe you should watch the video. I only recommend plan G and plan N

[@kurtgallert]

do you fill out the exception for income level? i went to part time in 2023 my inocme is way below and would like to know if i cna get exception for income? i had very high income in 21 and 22 or do i need to apply next year? currently i am 67

[@Charlie9165]

You can apply for a reduction with Form SSA -44. Google the form and fill it out or make an appointment with your local SSA office and bring it in with you to fill out with a worker. I have heard they can make exceptions. It is definitely worth trying.

[@wuddayameen]

Confused! This is a re-posting of an old video. That suggests nothing is changing - but I don't think that is accurate...

[@TAXENGINEER]

Where is newer video?

[@smileytow1925]

I just got my updated prices for my plan N ( Washington state) skilled nursing ( in a skilled nursing Facility) per day for 2023 Days 21-100 cost $200 a day, it’s going up to $204 a day for 2024. Doesn’t that mean I need to pay that? The paper I got says Medicare Cost Sharing Amount Or doesn’t my plan N pay ( this is my first year on Medicare) thank you in advance

[@wayneguy6043]

Pennywise pound foolish stick with Plan G if you have a nice bankroll

[@jennyreardon2719]

Plan N is better. I pay $87.23 a month. I am saving a lot of money

[@medicare365]

Yes. Many people save with plan n

[@yazminmojica4458]

💯👍💕💕💕