Is Plan F (Medicare) Going Away?
The most comprehensive Medicare Supplement plan is on the chopping block. Available in most states, Plan F is one of two plans (the other being Plan C) which will no longer be available after 2019. Plan F is arguably one of the most popular supplemental products due the wide range of benefits it provides such as:
- Part A deductible
- Part B deductible
- Part B excess charges
- First three pints of blood
- Part B coinsurance and copayments
- Coinsurance for skilled nursing care facilities
- Part A hospice care coinsurance and copayments
- Emergency medical care overseas (up to 80% of plan benefits)
- Part A inpatient hospital costs and coinsurance beyond the 365 days provided under Medicare
Beneficiaries who are currently enrolled in Medicare Plan F (or C) will be allowed to keep the plan. Unfortunately, for newly eligible Medicare recipients, or those on different plans beginning in 2020, Medicare Plan F will no longer be available.
Why is Plan F Going Away?
Is There a Plan F Replacement?
Although purchasing Medicare Part F may not be an option in 2020, there is one plan that will be offering similar benefits. The most comparable plan is Medicare Part G. Part G covers all the same services as Part F, except for the Part B Deductible.
With the elimination of Plan C and F, the number of standardized plans available for newly eligible enrollees in 2020 will be dropping from 10 to 8 plans. Deciding which Medicare Supplement Plan to choose is an important decision. Let’s talk about your options to choose the best plan for you.
Featured Blogs
- Aging and Our Body’s Ability to Heal Itself
- Keeping Health Insurance After a Layoff
- Waking Up to the Impact of Insomnia
- How Life Insurance Benefits Women
- What experts say about raising the retirement age
- Coverage for healthcare treatment denied? Here’s what you can do.
- Sharing the Road with Cyclists
- Buying Life Insurance for an Elderly Parent?
- Medicaid Unwinding: Your Questions Answered
- Living Your Best Life After 60
- Buying Health Insurance: A Millennial’s Guide
- Self-Love Ideas for Valentine’s Day
- Life Without Clutter
- Set Yourself Up for Success with Your Fitness Routine
- Winter Hydration – Do I Need It?
- I’m 60+; Do I Need Life Insurance?
- Why Do I Keep Breaking My New Year’s Resolutions?
- Closing Out the Year with a Smile!
- How to Enjoy a Long Layover
- 6 Cold Weather Safety Tips
- 10 Tips for Managing Cholesterol Levels
- How Much Life Insurance Do You Need Right Now?
- 3 Top Tips for Better Posture
- Building Bone Density for Seniors
- Living Outside Your Comfort Zone in Retirement
- 3 Top Habits that Lead to a Happy Life After Retirement
- Should You Insure Your Gifts?
- Everything You Need to Know When Retiring Under 65
- 7 Benefits of Slow Travel
- Utilizing Medicare Preventative Services
- The Harsh Reality of Credit Card Fees
- Keeping Your Health Insurance Affordable
- 7 Tips to Weather Challenging Periods in Your Life
- What is a Variable Annuity? 4 Key Details You Should Know
- 4 of the Best Ways to Stay Healthy this Summer
- How to Prevent Sun Damage to Your Eyes
- 3 Tips for Safer Grilling
- When the Sun is NOT Your Friend (What You Need to Know about Sun Exposure)
- Tips to Avoid Stress Eating
- Common Exercise Pains – How to Work Past Them and When to Call for Help
- Signs Your Identity Has Been Stolen (and what to do about it)
- How Does Inflation Affect Life Insurance?
- Know the Benefits of Walking
- Do Brain Food Supplements Really Work?
- Ways You Can Spend Less on Gas
- What Are Alternatives if LTC isn’t Right for You?
- 4 Tips for a Less Stressful Summer
- Veteran and Medicare Benefits Work Together
- What are the Safest States From Natural Disasters?
- How to Choose an In-Home Care Provider for Your Loved One in 5 Steps
- 7 Myths About Your Back Pain
- 5 Foods that Will Help Keep Your Mind Healthy
- Don’t Throw Away Those Used Coffee Grounds
- I’m 50 Years Old. Should I Keep My Life Insurance?
- How to Spot Government Imposters
- Factors that Affect Health and Life Insurance Coverage
- Healthy Recipes for Fall Produce
- Conversation Etiquette: How to Express Your Opinion on Social Media
- Which Ages Are Important for Retirement Planning
- Starting a Business After 60? Use These 4 Tips for a Head Start
- New Energy After 60? 4 Ways to Biohack Your Health
- Ways to Enjoy the Outdoors at Home
- Get Insurance for Diabetics
- What Medical Bills are Tax Deductible for 2019?
- This is Why You Pay Taxes on Employer-Sponsored Disability Insurance
- Life vs. Accidental Death Insurance
- Benefits of Dental Insurance
- Are You Ready for Your Insurance Review?
- What Happens if You Miss Medicare Open Enrollment?
- Good News: Part D Donut Hole Closes in 2020
- Affordable Care Act Open Enrollment – Important Dates and What’s New
- Medicare’s Open Enrollment Period is Here!
- How to Prepare for the 2019 Medicare Annual Enrollment Period