Texas Medigap Plan G – Benefits and Coverage
|Medigap Plan G Benefits||Plan G|
|Medicare Part A Coinsurance & Hospital Costs – up to an additional 365 days after Medicare benefits are used up|
|Medicare Part B Coinsurance or Copayment|
|Blood (First 3 Pints)|
|Part A Hospice Care Coinsurance or Copayment|
|Skilled Nursing Facility Coinsurance|
|Medicare Part A Deductible|
|Medicare Part B Deductible|
|Part B Excess Charges|
|Foreign Travel Emergency (up to plan limits)|
Texas Medigap Plan G covers 100% of the described benefits above except for the Medicare Part B deductible.
Medigap Plan G is a popular option for people who want lower premiums than Plan F. They are willing to pay the once-annual Medicare Part B deductible in exchange for a lower monthly premium. Often when you run the numbers Plan G is actually a better value. Also, Plan G is not being phased out in 2020 like Plan F is for new enrollees.
We’ve also noticed that Plan G seems to have lower rate increases from year to year than Plan F. This is probably because you cannot get a Plan G under guaranteed issue rules. People must either be in their one-time open enrollment window, or they can apply with underwriting. It therefore attracts a healthier crowd with less medical claims.
Our family-owned agency can assist you with Texas Megigap G information such as:
- the Monthly rates for various carriers in your area that are offering Plan G
- Financial ratings for these carriers so you can select a stable and solid insurer
- Rate trend history for Plan G over the last few years
Often when people reach out to us, they are still learning. We can teach you the basics, including how your Original Medicare benefits work first. This makes it easier to then understand your supplement options.
For help with quotes for a Medicare Supplement Insurance Plan G, call us for help today: