Medicare Supplement Plans Texas

The Plan F Medicare Supplement Plan Texas, simply put, covers everything.  On the face that seems like a great idea, but there are a few reasons why you should take a very close look at Plan F before you pull the trigger:

1. It is the most expensive Plan on the Market
2. It has the highest rate increases of all the Medicare Supplement Plans
3. Plan F will no longer be available to new enrollment as of 2020.

**The Medicare Supplement Plan F High deductible plan will not be changed in 2020.

The Medicare Supplement Plan Texas that offer's the most coverage for the lowest premium is the Medigap Plan G.  The Medicare Supplement Plan G in Texas offers the exact same benefits of the Plan F except that you will pay the Part B deductible.  The Original Medicare Part B deductible is set by Medicare and can change, but at this time it is $183.00 per year. 

The Medicare Supplement Plan G in Texas is normally $300.00 to $400.00 per year less in premium than the Plan F and historically has much lower rate increases.  

Once the Original Medicare Part B deductible ($183.00 for 2018) is paid, your benefits will be identical to the Medicare Supplement Plan F.  Why would anyone want to pay an insurance company $300.00 to $400.00 a year more to just to pay a $183.00 deductible.

Medicare Supplement Plan N is one of the lowest cost Medicare Supplement Plans, but you will take on a little more risk and out-of-pocket costs than you would with Plan F or Plan G.  With a Medigap Plan N you will have copay's of $20.00 for the doctor visits and a $50.00 for an emergency room visit.

Paying a copay is something that most people are used to, and does add some cost if and when you go to the doctor, but there is another fact of the Plan N that you need to be aware of.

The Plan N does not cover Original Medicare Part B excess charges. This could be a big deal or nothing at all.  If a doctor accepts Medicare but is not assigned by Medicare he can legally charge you 15% over the Original Medicare Part B approved amount.  You would then be responsible for that extra cost. This would not be the case with Plan F or Plan G which are considered two of the best Medicare Supplement plans in Texas.