When it comes to Medicare supplements, Medigap Plan F is the most comprehensive plan available. When you have a Plan F, you will have no deductibles, no copays, and no coinsurance.
Benefits and Coverage of Plan F
|Texas Medigap Plan Benefits||Plan F|
|Medicare Part A Coinsurance & Hospital Costs – up to an additional 365 days after Medicare benefits are used up||X|
|Medicare Part B Coinsurance or Copayment||X|
|Blood(First 3 Pints)||X|
|Part A Hospice Care Coinsurance or Copayment||X|
|Skilled Nursing Facility Coinsurance||X|
|Medicare Part A Deductible||X|
|Medicare Part B Deductible||X|
|Part B Excess Charges||X|
|Foreign Travel Emergency (up to plan limits)||X|
Texas Medigap Plan F is one of the most popular supplements. It provides the most comprehensive coverage. You can choose any Medicare provider in the United States. This supplement pays all of the copays, deductibles and coinsurance that you would normally be responsible for. It covers your Part A and B deductibles. It pays for skilled nursing, blood, hospice, and excess charges. Texas Medigap Plan F also includes up to $50K in foreign travel emergency benefits.
We often refer to it as the “peace of mind” supplement. If you are ill and recovering in the hospital, you don’t have to worry that any bills are accumulating in your mailbox.
Texas Medigap Plan F pricing varies among carriers. Our agency can provide you with critical information, such as:
- Monthly or annual premiums for each carrier, including the top carriers in Texas
- Financial ratings for each carrier -which carriers have strong grades from A.M.Best or Weiss Ratings
- Recent rate increases – have they been reasonable for the carrier you are interested in?
Cost of Medicare Plan F in Texas
In Texas, like other states, Plan F premiums will be dependent upon zip code, age, gender, and whether or not an individual uses tobacco products. We usually see monthly premium pricing around $120 to $140 a month.
Often, monthly Plan F premiums are slightly higher for males than they are for females. Since Plan F benefits are the same no matter who the insurance provider is, it is best to look for the plan that will have the lowest monthly premium.
Reviewing your Plan F premiums each year could save you a lot of money in the long-run.
High Deductible Plan F
There is also a High Deductible F option available. Plan F will be available for sale until 2020. At that point, Medicare will phase it out for new enrollees. However, people who already enrolled in it can keep their coverage.
For help with instant quotes for a Texas Medicare Supplement Insurance Plan F today, call us! You may request help online here, too: