I’m on Social Security and Medicare. The thing that happens is yes we got a three point whatever percent increase last year but my Medicare part B payment also went up by $60 a month more than my cola so I actually took a $60 a month cut. I literally made best decisions when i started working with an advisor..
I hear you; it's tough when COLA increases barely keep up with rising costs, and with Medicare premiums possibly going up again, it could feel even tighter this year. Having an advisor on your side is a great call-they can help you navigate these changes and make the most of what you’re getting. Here’s hoping for some better adjustments soon!!
Totally agree. A good financial adviser is a game-changer. My portfolio is balanced for all market conditions, and it has returned 120% since early last year. My adviser and I are now working toward hitting a seven-figure goal, which could take another year._
My CFA Julianne Iwersen Niemann, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I recently became an Abt client and I am so glad I did. Your videos were very helpful and your staff is so competent. I wanted to switch from Medicare Advantage back to Medicare+supplemental and the insurance companies’ sales people I spoke with didn’t seem to have a clue how to answer what I thought were some very basic questions about underwriting. Your staff answered them quickly and the answers made perfect sense. I wish I had signed on with you yrs ago.
I have plan N and had an audio only follow-up phone call with my doctor in September. It was billed as telehealth; Medicare paid 80% and my supplement plan N paid the remaining 20% balance.
Medicare paid only about $35 for telemedicine. It’s a sad amount for a doctor. Then my AARP Supplement Plan N paid 0.31 cents. I was insulted for her. Then the doctor’s office billed me $19+ change.
@@sct4040the total eligible charge seems to have been $43.75. Medicare paid 80% or $35. Then you pay up to $20 or 20%. You should have paid $8.75 plus the tax in the entire eligible charge if your state allows tax on medical. I don't understand your breakdown
Thank you for all your videos! You come across as incredibly trustworthy medicare professional, and offering up very useful information for those of us approaching Medicare (can't wait for April1, 2024!), and on top of it all, you have a wonderful demeanor and, if I may so so without sounding creepy, happen to be a lovely looking lady! (Sorry, I had to say it! My happily married wife agrees! 🙂) I will be calling your office in early January, to ensure I follow the appropriate process for Medicare selection and startup on April 1, and to ensure I do the correct thing with removing myself from ACA plan (while wife needs to continue on an ACA plan, unfortunately!) Thanks again, for all you do!
Thank you for your clear explanation on the changes coming on plan N. Your videos were my go to in trying to navigate and understand Medicare when preparing to retire. Helping as well in making my choice.
Beautiful, concise and clear explanation. After watching a lot of your videos, it seems to be a no brainer that the only decision to make once you decide to go on Medicare is Plan N or Plan G. I'm 64 very healthy and still working so I have insurance through my employer. My insurance is not good but there are two reasons I'm going to keep it beyond the date that I am eligible for Medicare. One - I am very healthy and don't need to go to the doctor often and that makes my current insurance much cheaper than Part B and N or G. Two - because my insurance isn't very good, I'm eligible to contribute to an HSA. That is something that I will lose when I go on Medicare (actually six months before I go on Medicare). For now, though, I can put away $5,000 a year in triple tax advantaged money into my HSA. Not being able to put away $5,000 a year into an HSA is a massive loss when you start Medicare. And it's not something I want to give up until I have to.
Right on, Dave! I'm also 64, in good health, have okay health insurance through my employer. And an HSA plan. Planning to work till 70 (I like my job!) and possibly a couple of years past that, and keep putting away the HSA money. Not planning to take Social Security till 70, no point in delaying after that. I think once you take SS you have to take Medicare Part A at least, but have to make sure of that. Part B and Plan N when I finally decide to retire.
@@christinedaley5580 I’m entitled to sign up next year, but it’s not automatic unless you’re already getting Social Security. If not taking SS, you can sign up any time after 65. SS increases 8% a year till age 70, so might as well start taking it at 70. It won’t increase after that. Even if you start SS, you can continue on employer’s health insurance and not sign up for Medicare Part B or even Part A if you plan to keep contributing to your HSA. You can’t sign up for any part Medicare and still contribute to tax-free HSA. Since income goes up with SS and pay, max out 401k and HSA, plus catch up contributions to reduce income as much as possible. Then when you’re ready to retire, plan ahead and sign up for Medicare and Medigap (plus Part D and dental/vision). No underwriting required if you have had employer insurance till then. Medigap companies can’t turn you down.
@@ssa8479 From what I remember reading, if one delays starting Medicare past age 65, a penalty of 10% per year delayed (i.e. 50% penalty by age 70) will be added to the Medicare premium (plus yearly increases) when they finally start Medicare at age 70. I really don't like this Medicare penalty thing when those of us who want to delay Medicare due to still working or being very healthy and not needing it, get penalized for it.
I signed up for Medicare starting on March 1st. My agent steered me towards plan N, telling me there would be no co-pays for telemedicine or urgent care, and that was very unlikely to change. Now, 3 months later, I’m told they changed anyway. What’s next? Copays for therapy? Probably!
@@judiashley5818 If you have a MEd Sup and your ophthalmologist accepts Medicare- you can get your eyes checked using your Med Sup. If you have not met the deductible you will have a co - pay. If you have met the deductible you will not have met the deductible . They will not pay for glasses or contact lenses bu you can at least you an exam.
No, there's only 1 plan. Plan G. After you do the math, it's Plan G. pay a $240 Part B deductible and your done. Super easy, super great insurance. Do the math. After you look at G, and do the math, it's clearly Plan G. Plan G vs Plan N. about a $40 dollar per month premium difference. So 2 visits a month, you should be in Plan G, More than 2 visits, you should be in Plan G. and then there's the EXCESS CHARGES which is balance billing. You should be in Plan G. You are going to pay more in Plan N 99% of the time. Enroll in Plan G, set and forget.
Thanks for this explanation, as I have been unable to contact anyone about my current coverage. My question: I am satisfied with plan N, but am unclear as to why premiums continue to increase when I have made no changes in my coverage.
Thank You for these Very Informative videos. I joined AARP 'cause it's suppose to help with Medicare Supplement Plans,,if i'm a Member. And Ohio might have diff coverage than Indiana,,15 miles away. crazy
Thanks so much You are very clear explaining a very confusing system. Its ridiculous trying to navigate the poorly planned medical system for the retired. It is nothing to look forward to. But with your assistance its so much easier and clearer. Bless you ! ♥️
Thanks for this great information Stephanie on Plan N. I live in NJ and have a broker to speak to regarding plan N. Not sure what the premiums are, but my current plan G premiums have shot up this year and while I am able to afford the increased premiums, the economics do not make sense considering how little is paid out in comparison to the premiums. On average, about how much less are the plan N premiums? Thanks again, Tom
After checking out some ABT insurance videos, I decided to look into their services for myself. I reached out to Stephanie, and she quickly connected me with Tiana Brown, a friendly agent who made the whole process in New Jersey a breeze. Tiana asked about my prescriptions, set me up with coverage at no charge, and when I picked up my meds recently, the bill was $0. The folks at ABT are courteous, professional, and it seems they can assist you no matter which state you're in. Big thanks to Stephanie for the help!
I have just been approved to start Medicare coverage on October 1, 2024 (65th birthday on Nov 1). I am leaning towards Plan N but would like to know if I want to switch to Plan G in the future, will it require medical clearance and what is the risk of denial? Thanks
One note to remember is that all Medicare advisors receive a commission from the insurance company they select with you and the advantage plans pay them the most.
Is the loss ratios of the individual plans (G vs N) isolated from each other? In other words, would any losses of the G could be compensated by N premiums?
I went to my urgent care for a sprained wrist and showed them my Medicare card and my supplemental insurance card but they still charges me $75 that day and also sent me an additional bill for another 25$ a couple weeks later. I have plan N. I was new to Medicare so I didn’t question it. Do you think I was ripped off? Love to know what you think.
Have you met the annual deductible for 2023? You have to pay that first. Check your EOB or your bill. It would show you if the $75 was applied to your deductible.
You do need to meet your deductible first. So let's just pretend you are short $10.00 on meeting your deductible... When all said and done, you might only have to pay $10 copay. That's why they say up to $20.00. It seems maybe you didn't met that deductible yet. Best wishes.
Excellent presentation and information provided. I did have radiation treatments provided recently twice a week and they did charge co-payments for each treatment. Is that standard and allowable? Thank you so much!
Thanks for all the information I’m wondering what typical costs would be for add on Vision and Dental coverage since the supplement don’t include them Thank you
A friend has a the same Medigap Plan N as me but through a different insurer. Her policy says $0 Urgent Care co-pay. Mine doesn't even mention it. I called my insurer just to see why Urgent Care wasn't mentioned, told where on the CMS site I found the info, and they were wishy-washy....saying it depends on how they code it. Errr... I called again and this time they said I shouldn't worry about it and Urgent Care coding is different. I probably wouldn't get billed. This is so wierd. I mentioned previously, about the COVID-19 pandemic changes that CMS decided on. It ends 12/31/2024...who knows if all that was really was included as part of the changes to all plans along with telehealth as office visits. Right now I am satisfied why Plan N but I could easily go to G if I needed to. Wait and see.
Yes I have Mutual Omaha Plan N and and she has United Health Care Plan N(AARP) in Oklahoma. She pays more on her premium than I do. I am 65 and so is she. She wants to switch to Mutual of Omaha which she still can because we are new...but now she's like....well let's see because of the new Birthday Rule. But she has still more time to switch without underwriting. I don't. I suggested to her just go to plan G and switch down later. By the way you can even go online to the UHC and actually see the Urgent Care for Oklahoma is $0.00 co-pay. One more point.... nothing to do with Plan N...We found out last month that in September Oklahoma how has the Birthday Rule due to increases in PlanF premiums that people can't get out of. anyway Stephanie thanks for all you do. 🥰@@AbtInsuranceAgency
I'm on plan N supplement. I would LOVE to pay $20 for an office visit. Just got my bill for a check up in May 2024 at $135.00. Called about it and they said deductible was not met. Funny, every year deductible is not met until some time in December. How convenient! Seems like I'm paying a lot more than I should.
And you have Plan N? Typically there is not a copay, but that is interesting if you have been paying one with Plan N. I wonder how they are coding your visits.
If you have physical therapy appts while on Plan N, do you have to pay a copay each time you go? Is Counselling available with Medicare plan N and well check ups ?
@@harveyh3696 You don't have that "guaranteed right" but the carrier might write a policy. They have the right to "underwrite" and would most likely envoke that right to know their level of risk insuring you. Don't depend on it.
Thanks for explaining this issue so clearly and thoroughly. You mention that PT is coded differently and is not subject to a copay. However, what would prevent PT (and other medical professionals) from deciding to use different codes that would be subject to a copay. Couldn't they somehow justify that they also Diagnose & Treat illnesses during an office visit?
I just had a little PT for like a tendonitis in my arm. I paid a $20 co pay to the ortho doc for my visit and but no copay when I went to their PT dept 2 weeks later and that was with plan N. Plan N great coverage and in south Florida much cheaper than G. I think I spent $180 in co pays for the year. G premium was $800 more for the year. No brainer. Saved $620. 👍👍👍
@@dennislaplant95 Absolutely. N the much better choice and going forward a more stable premium predicted over G. 🙋♀️🙋♀️🙋♀️ Especially in high priced states and fairly healthy individuals. 👍👍👍
Thank you for your very informative videos. Question: if I went with they plan G high deductible and go to an office visit that is normally $300 but the Medicare accepted amount is $220, would I be paying the $220? Also if I go to a dermatologist for regular checkups every 4 months b/c of previous skin cancer, is that part of the deductible that I would pay, or does Medicare cover that 100% under the plan G high deductible? Thank you in advance
@@AbtInsuranceAgency Thank you for your response. So if I go to a Dr. I will pay the co-insurance for that visit and not the whole cost of the visit? And that co-insurance is part of the $2800?
@@Believe_the_Bible For your example. After you pay the first $240 for year 2024, Medicare pays 80% of $220, which would be $176, and you pay 20%, which would be $44. The $44 counts against the $2,800 annual deductible. For each dermatologist visit, Medicare pays 80% and you pay 20%, until you meet the $2,800 deductible.
The hospital just charged me the $1600 copay. They know I have Plan N, but I don't think they charged my Plan N insurance company. I had a copay for my annual welfare check, were they wrong?
They were wrong, and you shouldn’t owe that. Sometimes for Part A hospital services the hospital needs to submit a claim directly to your Medicare insurance company for payment.
I've gotten **many incorrect bills where they haven't submitted to my supplement plan. Feels like they go 'oops' when you catch them, but as a business strategy, they make a lot of money on the ones that are paid by busy or overwhelmed patients who can't keep track.
I was wondering, once you've met your deductible and Medicare gets a bill and pays their 80%, does Medicare bill your Medigap policy for the rest or does my Doctors office do it. I just want to be sure because I am going to Quest labs for a PSA test and I sign in on the kiosk. When I put my insurance info in, do I just put in my Medicare info.
which states don't allow excess charges. if PA does not allow excess charges and I live in PA, but I want to go to Mayo clinic in Minnesota (which allows excess charges) will they be allowed to charge me excess charges.
Your contact information at the beginning of the video is really small when I watch the video on a TV. You might want to make it a bit larger so people can see it and connect with you.
I'm in the process of choosing between Plan G and Plan N. As is Plan N would make the most sense for me. But my biggest concern is that the government may change the balance billing requirements as they tinker with Medicare. For example, they may raise the excess charge limit beyond 15%. This could have a huge effect on the number of physicians who accept assignment as well as my out of pocket expenses. And I would be basically locked into Part N due to some pre-existing conditions. Any thoughts on this?
I tried to switch from plan G to plan N And found I had to go through underwriting. Because I take one medication t for reasons that have nothing to do with a disease called Parkinson’s, two different companies turn me down even after I letter from my doctor. So beware which one you get on the first place because once you get on one you may not be able to change. and 82 years old I have nothing wrong with me such as diabetes, high blood pressure, nothing, but they wouldn’t let me change which is wrong. I am currently on Plan G and I’m going to have to stay there.
Thanks for the update on Plan N. What happens when an Insurance company goes belly up? Does another carrier have to pick you up at the same premium, same coverage and without underwriting?
If your insurance company goes belly up, you get a special enrollment period of time where you can select another plan. To avoid underwriting, you would need to get a Plan G, which is now the guaranteed issue plan. If you wanted another Plan N, you would need to qualify through underwriting in most states.
If the insurance company completely goes under and can no longer offer coverage to you then you have a guaranteed issue right to purchase a new Medigap without medical underwriting. This is highly unlikely though.
@@AbtInsuranceAgency Okay. Thank you. That’s what I thought but wanted to be sure. So telehealth and UC $20 co pay since Covid hit. Thanks again. 🙋♀️🙋♀️🙋♀️
I had another question about the co-pay for the plan N. Does a person that has an office visit need to pay the copay AND the part B deductible if their bill is high, or, just the part B deductible? Seems that if a person had to pay both, then it would maybe be better with a different plan?
Great question - there is still a large incentive, if doctors decide to take Medicare patients, to accept Medicare Assignment. An alternative is to not take/not bill Medicare at all.
@nomretears I’ve been looking and I believe it is high deductible plan G. The deductible is capped at 2700 per year and that’s it, besides the 240 part B deductible. The cost in my area is 41 dollars a month but in NewYork is 60 dollars.
So with plan n- even after we meet the 240.00 deductible - we still have to pay the 20.00 co pay? I thought medigap paid that 20.00. - as long as I have met the yearly deductible ? ?.
Under Plan N you pay $20 max for an office visit, but not for other medical costs that are not office visits. That's why the Plan N premiums are lower than Plan G.
Once you meet the Part B deductible you still have a $50 copay for ER visits on Plan N. Unless you are admitted to the hospital in which case the copay is waived.
Its very understandable these services are changing coding. They are working in or out of office. Times have changed since covid. I order food for pickup and I know they still are a business so i expect the food prices be higher than in store.
What happens if your insurance provider says they are doing away with N or leaving Medicare ? Like G are you guaranteed enrollment somewhere else without qualifying?
if I do not have access to the doctor's office, he is no longer my doctor. And BTW, nowadays, who sees the patients are Nurse Practitioners or Dr. Assistants whatever that means. I wonder if our premiums will be lower as well since the system lower our health provider's expertise.
I will be turning 65 next year, and time flies I am looking Medicare so I am ready. Why does Medicare with a Supplement plan, cost 1/2 the price and give you more comprehensive coverage with no deductibles ( currently $9250) than the ACA Bronze plans?
The ACA plans provide all the coverage, while Medicare is still providing coverage, and the supplement plans are to cover the gaps that Medicare doesn't cover.
I was hopeful you would address guaranteed issue rights for plan N if you leave it for MA then use your trial right to go back. Can you go back to N if company still offers it?
Hi I'm was disabled during covid and started getting ssdi this year. I want to be on Medicare org. BUT FINDING GAP INSURANCE EXPENSES HIGH. HELP PLEASE
Do the coding changes in plan N and the copayments or coinsurance allow one to change from an N to a G without underwriting? Also, on either plan N or G in general you need underwriting to change from one to another, but do you also need underwriting to change the supplemental company so another words if you were on G and you applied for end and it went through underwriting and you were declined for medical reasons. Does that mean that on the plan G you are stuck with that particular company forever
Great questions! Yes, underwriting is required to switch from N to G, G to N etc...or from one company to another unless you have a state specific rule: ua-cam.com/video/8WDjN32RjlY/v-deo.htmlsi=sOof_HsG1yhwAfEK Coding practice changes do not grant you a guaranteed issue right to change away from Plan N.
Company must have 20 or more employees to be considered credible coverage for Medicare purposes, if not you pay a penalty that lasts the entire time you use Medicare.
What is the likelihood, in your opinion, that the copay amounts will raised in the future? All other Medicare copay and premium amounts are subject to change each year for inflation, but the $20 & $50 copays are fixed forever?
I agree. However...they did make changes during the pandemic regarding telehealth. It may become a permanent way of office visits for all plans not just for those in rural areas. You can do a search and find CMS documents related to those changes on telehealth and other health care options. I am not by any means an insurance agent or adivisor. But I like to research information. It's just CMS should be more informative in my opinion.
I understand that plan n has a much lower deductible than g and you have to pay the co-pays. And I know people say the copays don't add up to the extra you pay in premium for plan g but I think what people forget is that you're not always going to be as healthy as you are this moment. If you get an illness and you start needing x-rays and blood work and Mri's and Ct scans etc i think the copays are going to fire out way the extra premium that G would have cost you. And you have to realize too that if you get an illness like cancer that's not necessarily over in 1 year so you may have to keep doing that for a number of years.
No that's not true. Getting blood work and CT scans and MRIs or any diagnostic testing does not have any copay's. If you're talking about having more doctors visits when you get sick, then that's one thing but you didn't say doctor's visits you said all these other things and that's untrue. Then you mentioned cancer. If you have to see your doctor several times a month for an office visit then I can see having a problem with more co-pays but I don't think cancer treatment itself has any kind of copays. I think it ultimately depends on how many times you actually sit in with the doctor on what they consider an office visit
I'm interested in a video on the new Part D changes the Inflation Reduction Act brings for 2025, namely the $2000 max OOP and if Medicare will consider some employer plans Not Creditable if their's is Over $2000 cost to employee? Should workers over 65 enroll in Part D or will employer drop them from their health coverage if they do? Or if they keep employer coverage that is no longer Creditable, will they face a penalty for enrolling late in D? Not sure the ramifications of these unintended consequences?
@@AbtInsuranceAgency thank you so much for answering my question I am still leaning towards plan N and will contact your office in 2024 which is when I will be turning 65
By the time you pay for all this, there's nothing left of your social security check. It sucks that you pay into this corrupt system all your working life and you get hardly anything in return. 🤬
Plan G vs Plan N. about a $40 dollar per month premium difference. So 2 visits a month, you should be in Plan G, More than 2 visits, you should be in Plan G. and then there's the EXCESS CHARGES which is balance billing. You should be in Plan G. You are going to pay more in Plan N 99% of the time. Enroll in Plan G, set and forget.
My understanding with the plan N. Is that if insurance company goes out of business. You have to take a health and wellness test to have another carrier to get plan N. And that's not with plan G
That’s not true - if you have a Plan N and your insurance company goes completely under and can no longer service their books of business (incredibly unlikely) then you have a guaranteed issue right to purchase a Plan G with another insurance company.
I’m on Social Security and Medicare. The thing that happens is yes we got a three point whatever percent increase last year but my Medicare part B payment also went up by $60 a month more than my cola so I actually took a $60 a month cut. I literally made best decisions when i started working with an advisor..
I hear you; it's tough when COLA increases barely keep up with rising costs, and with Medicare premiums possibly going up again, it could feel even tighter this year. Having an advisor on your side is a great call-they can help you navigate these changes and make the most of what you’re getting. Here’s hoping for some better adjustments soon!!
Totally agree. A good financial adviser is a game-changer. My portfolio is balanced for all market conditions, and it has returned 120% since early last year. My adviser and I are now working toward hitting a seven-figure goal, which could take another year._
That sounds interesting! Could you share the details of your adviser? I'm urgently in need of one.
My CFA Julianne Iwersen Niemann, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I just looked her up, and her credentials are impressive! I've already reached out and scheduled a call for some guidance. Thank you!
I recently became an Abt client and I am so glad I did. Your videos were very helpful and your staff is so competent. I wanted to switch from Medicare Advantage back to Medicare+supplemental and the insurance companies’ sales people I spoke with didn’t seem to have a clue how to answer what I thought were some very basic questions about underwriting. Your staff answered them quickly and the answers made perfect sense. I wish I had signed on with you yrs ago.
I love hearing this and I’m so delighted you are working with us!
Great job Stephanie about plan N. You're the 1st on UA-cam to address this. And I do subscribe to you and 9 or 10 other independent agents here.
Thanks!
I have plan N and had an audio only follow-up phone call with my doctor in September. It was billed as telehealth; Medicare paid 80% and my supplement plan N paid the remaining 20% balance.
Medicare paid only about $35 for telemedicine. It’s a sad amount for a doctor. Then my AARP Supplement Plan N paid 0.31 cents. I was insulted for her. Then the doctor’s office billed me $19+ change.
@@sct4040 um your co- pay .
@@sct4040the total eligible charge seems to have been $43.75. Medicare paid 80% or $35. Then you pay up to $20 or 20%. You should have paid $8.75 plus the tax in the entire eligible charge if your state allows tax on medical.
I don't understand your breakdown
Thank you for all your videos! You come across as incredibly trustworthy medicare professional, and offering up very useful information for those of us approaching Medicare (can't wait for April1, 2024!), and on top of it all, you have a wonderful demeanor and, if I may so so without sounding creepy, happen to be a lovely looking lady! (Sorry, I had to say it! My happily married wife agrees! 🙂)
I will be calling your office in early January, to ensure I follow the appropriate process for Medicare selection and startup on April 1, and to ensure I do the correct thing with removing myself from ACA plan (while wife needs to continue on an ACA plan, unfortunately!)
Thanks again, for all you do!
Wow, thank you!!
Thank you for your clear explanation on the changes coming on plan N. Your videos were my go to in trying to navigate and understand Medicare when preparing to retire. Helping as well in making my choice.
I am so glad to hear this!
Beautiful, concise and clear explanation. After watching a lot of your videos, it seems to be a no brainer that the only decision to make once you decide to go on Medicare is Plan N or Plan G. I'm 64 very healthy and still working so I have insurance through my employer. My insurance is not good but there are two reasons I'm going to keep it beyond the date that I am eligible for Medicare.
One - I am very healthy and don't need to go to the doctor often and that makes my current insurance much cheaper than Part B and N or G. Two - because my insurance isn't very good, I'm eligible to contribute to an HSA. That is something that I will lose when I go on Medicare (actually six months before I go on Medicare). For now, though, I can put away $5,000 a year in triple tax advantaged money into my HSA. Not being able to put away $5,000 a year into an HSA is a massive loss when you start Medicare. And it's not something I want to give up until I have to.
Plan GHD
Right on, Dave! I'm also 64, in good health, have okay health insurance through my employer. And an HSA plan. Planning to work till 70 (I like my job!) and possibly a couple of years past that, and keep putting away the HSA money. Not planning to take Social Security till 70, no point in delaying after that. I think once you take SS you have to take Medicare Part A at least, but have to make sure of that. Part B and Plan N when I finally decide to retire.
@@ssa8479
Part A automatic at age 65 I believe if entitled of course which I am sure you are. 🙋♀️🙋♀️
@@christinedaley5580 I’m entitled to sign up next year, but it’s not automatic unless you’re already getting Social Security.
If not taking SS, you can sign up any time after 65. SS increases 8% a year till age 70, so might as well start taking it at 70. It won’t increase after that.
Even if you start SS, you can continue on employer’s health insurance and not sign up for Medicare Part B or even Part A if you plan to keep contributing to your HSA. You can’t sign up for any part Medicare and still contribute to tax-free HSA.
Since income goes up with SS and pay, max out 401k and HSA, plus catch up contributions to reduce income as much as possible.
Then when you’re ready to retire, plan ahead and sign up for Medicare and Medigap (plus Part D and dental/vision). No underwriting required if you have had employer insurance till then. Medigap companies can’t turn you down.
@@ssa8479 From what I remember reading, if one delays starting Medicare past age 65, a penalty of 10% per year delayed (i.e. 50% penalty by age 70) will be added to the Medicare premium (plus yearly increases) when they finally start Medicare at age 70. I really don't like this Medicare penalty thing when those of us who want to delay Medicare due to still working or being very healthy and not needing it, get penalized for it.
Thank you for explaining the changes in Plan N. Also, thanks to the audio dept for the microphone. Much better.
Haha, thanks. I am the audio department 🙃
I signed up for Medicare starting on March 1st. My agent steered me towards plan N, telling me there would be no co-pays for telemedicine or urgent care, and that was very unlikely to change. Now, 3 months later, I’m told they changed anyway. What’s next? Copays for therapy? Probably!
Too many plans. Absolutely ludicrous!
It is so depressing needing all these plans and still working and paying into it. No dental and vision either
@@judiashley5818 If you have a MEd Sup and your ophthalmologist accepts Medicare- you can get your eyes checked using your Med Sup. If you have not met the deductible you will have a co - pay. If you have met the deductible you will not have met the deductible . They will not pay for glasses or contact lenses bu you can at least you an exam.
No, there's only 1 plan. Plan G. After you do the math, it's Plan G. pay a $240 Part B deductible and your done. Super easy, super great insurance. Do the math. After you look at G, and do the math, it's clearly Plan G. Plan G vs Plan N. about a $40 dollar per month premium difference. So 2 visits a month, you should be in Plan G, More than 2 visits, you should be in Plan G. and then there's the EXCESS CHARGES which is balance billing. You should be in Plan G. You are going to pay more in Plan N 99% of the time. Enroll in Plan G, set and forget.
Take a look at the tax tables sometime. Your government in action.
Thanks for this explanation, as I have been unable to contact anyone about my current coverage. My question: I am satisfied with plan N, but am unclear as to why premiums continue to increase when I have made no changes in my coverage.
This video helps explain! ua-cam.com/video/Fcn0IRohB1Y/v-deo.htmlsi=l4lGvMyLAcDF4vJe
Thank You for these Very Informative videos. I joined AARP 'cause it's suppose to help with Medicare Supplement Plans,,if i'm a Member. And Ohio might have diff coverage than Indiana,,15 miles away. crazy
Thanks so much You are very clear explaining a very confusing system.
Its ridiculous trying to navigate the poorly planned medical system for the retired. It is nothing to look forward to. But with your assistance its so much easier and clearer. Bless you ! ♥️
Thank you! 😊
As always, this video is infirmative and makes the Medicare supplement info as clear as it can be, given that it is a very confusing topic!
Thanks for this great information Stephanie on Plan N. I live in NJ and have a broker to speak to regarding plan N. Not sure what the premiums are, but my current plan G premiums have shot up this year and while I am able to afford the increased premiums, the economics do not make sense considering how little is paid out in comparison to the premiums. On average, about how much less are the plan N premiums? Thanks again, Tom
Hi there! Very well explained! We definitely will be calling you & your staff soon! Thank you for all that you do!!
Awesome! Thank you!
After checking out some ABT insurance videos, I decided to look into their services for myself. I reached out to Stephanie, and she quickly connected me with Tiana Brown, a friendly agent who made the whole process in New Jersey a breeze. Tiana asked about my prescriptions, set me up with coverage at no charge, and when I picked up my meds recently, the bill was $0. The folks at ABT are courteous, professional, and it seems they can assist you no matter which state you're in. Big thanks to Stephanie for the help!
Wow thank you so much for taking the time to leave this comment! We are so delighted to be helping you. 😊
Great approach in explaining these topics in just a few minutes. Thank you for your help.
I have just been approved to start Medicare coverage on October 1, 2024 (65th birthday on Nov 1). I am leaning towards Plan N but would like to know if I want to switch to Plan G in the future, will it require medical clearance and what is the risk of denial? Thanks
One note to remember is that all Medicare advisors receive a commission from the insurance company they select with you and the advantage plans pay them the most.
If there is a 20 co-pay for diagnostic visits, with Plan Ni I assume I'd pay a co-pay for procedures like MRI's, CAT Scans, etc. Is that correct?
@@florettabush9219 NO that's incorrect. You pay for medical OFFICE visits not diagnostic treatment
Is the loss ratios of the individual plans (G vs N) isolated from each other? In other words, would any losses of the G could be compensated by N premiums?
Thank you for your very helpful videos. You state your service is of no cost to your clients. How do you make your revenue?
@@KeithSigman this video explains! ua-cam.com/video/DBwUb_QfaB0/v-deo.htmlsi=UE_pGWmEFvM5MEYR
I went to my urgent care for a sprained wrist and showed them my Medicare card and my supplemental insurance card but they still charges me $75 that day and also sent me an additional bill for another 25$ a couple weeks later. I have plan N. I was new to Medicare so I didn’t question it. Do you think I was ripped off? Love to know what you think.
Have you met the annual deductible for 2023? You have to pay that first. Check your EOB or your bill. It would show you if the $75 was applied to your deductible.
Had you already satisfied your Part B deductible of $226/year in 2023?
You do need to meet your deductible first. So let's just pretend you are short $10.00 on meeting your deductible... When all said and done, you might only have to pay $10 copay. That's why they say up to $20.00. It seems maybe you didn't met that deductible yet. Best wishes.
Thank you Stephanie for another of your helpful videos.
Excellent presentation and information provided. I did have radiation treatments provided recently twice a week and they did charge co-payments for each treatment. Is that standard and allowable? Thank you so much!
Wow, surprising but not unheard of. Great feedback!
Job well done, keep up the good work.Thanks for doing what you do.
Thank you!
Thanks for all the information
I’m wondering what typical costs would be for add on Vision and Dental coverage since the supplement don’t include them
Thank you
It depends but plans typically start at around $30-$50/month for dental and vision!
@@AbtInsuranceAgency thank you
A friend has a the same Medigap Plan N as me but through a different insurer. Her policy says $0 Urgent Care co-pay. Mine doesn't even mention it. I called my insurer just to see why Urgent Care wasn't mentioned, told where on the CMS site I found the info, and they were wishy-washy....saying it depends on how they code it. Errr... I called again and this time they said I shouldn't worry about it and Urgent Care coding is different. I probably wouldn't get billed. This is so wierd. I mentioned previously, about the COVID-19 pandemic changes that CMS decided on. It ends 12/31/2024...who knows if all that was really was included as part of the changes to all plans along with telehealth as office visits. Right now I am satisfied why Plan N but I could easily go to G if I needed to. Wait and see.
Are you sure you both have Plan N?
Yes I have Mutual Omaha Plan N and and she has United Health Care Plan N(AARP) in Oklahoma. She pays more on her premium than I do. I am 65 and so is she. She wants to switch to Mutual of Omaha which she still can because we are new...but now she's like....well let's see because of the new Birthday Rule. But she has still more time to switch without underwriting. I don't. I suggested to her just go to plan G and switch down later. By the way you can even go online to the UHC and actually see the Urgent Care for Oklahoma is $0.00 co-pay. One more point.... nothing to do with Plan N...We found out last month that in September Oklahoma how has the Birthday Rule due to increases in PlanF premiums that people can't get out of. anyway Stephanie thanks for all you do. 🥰@@AbtInsuranceAgency
I did Stephanie. I left it. I went to
G by Aetna for this year.
I'm on plan N supplement. I would LOVE to pay $20 for an office visit. Just got my bill for a check up in May 2024 at $135.00. Called about it and they said deductible was not met. Funny, every year deductible is not met until some time in December. How convenient! Seems like I'm paying a lot more than I should.
I’ve seen conflicting information about paying copays when a person sees a specialist. What is your experience?
Is there a copay or coinsurance for PT and OT? We've been paying each time for years.
And you have Plan N?
Typically there is not a copay, but that is interesting if you have been paying one with Plan N. I wonder how they are coding your visits.
If you have physical therapy appts while on Plan N, do you have to pay a copay each time you go? Is Counselling available with Medicare plan N and well check ups ?
Another agent on UA-cam, has said that, you don’t pay physical therapy on plan N
Physical Therapy visits aren't subject to copays. No copays with Physical Therapy.
So a follow up visit would not be diagnostic or evaluate, so it would not be coded for co-pay, yes?
Likely, yes.
Thanks for the info I appreciate it and I'm leaning Plan N now because of your video.
I'm wondering if you have a Plan G and it change it to a Plan N in the future without going through underwriting?
@@harveyh3696 You don't have that "guaranteed right" but the carrier might write a policy. They have the right to "underwrite" and would most likely envoke that right to know their level of risk insuring you. Don't depend on it.
@@lyndayoung8761 Thank you for the reply. I did find the answer to my query and signed up for Plan N.
Thanks for explaining this issue so clearly and thoroughly. You mention that PT is coded differently and is not subject to a copay. However, what would prevent PT (and other medical professionals) from deciding to use different codes that would be subject to a copay. Couldn't they somehow justify that they also Diagnose & Treat illnesses during an office visit?
It is very possible!
I just had a little PT for like a tendonitis in my arm. I paid a $20 co pay to the ortho doc for my visit and but no copay when I went to their PT dept 2 weeks later and that was with plan N. Plan N great coverage and in south Florida much cheaper than G. I think I spent $180 in co pays for the year. G premium was $800 more for the year. No brainer. Saved $620. 👍👍👍
@@christinedaley5580
Yep. For me in SW Florida, N is $660/yr cheaper than G. That would be 33 office visit copays.
@@dennislaplant95
Absolutely. N the much better choice and going forward a more stable premium predicted over G. 🙋♀️🙋♀️🙋♀️
Especially in high priced states and fairly healthy individuals. 👍👍👍
@@christinedaley5580 amazing!
Thank you for your very informative videos. Question: if I went with they plan G high deductible and go to an office visit that is normally $300 but the Medicare accepted amount is $220, would I be paying the $220?
Also if I go to a dermatologist for regular checkups every 4 months b/c of previous skin cancer, is that part of the deductible that I would pay, or does Medicare cover that 100% under the plan G high deductible? Thank you in advance
Under Plan G high deductible you pay the Medicare cost share amount - your Medicare deductibles and coinsurance- until you get to $2,800.
@@AbtInsuranceAgency Thank you for your response. So if I go to a Dr. I will pay the co-insurance for that visit and not the whole cost of the visit? And that co-insurance is part of the $2800?
@@Believe_the_Bible For your example. After you pay the first $240 for year 2024, Medicare pays 80% of $220, which would be $176, and you pay 20%, which would be $44. The $44 counts against the $2,800 annual deductible.
For each dermatologist visit, Medicare pays 80% and you pay 20%, until you meet the $2,800 deductible.
@@SpynCycle57 You are wonderful. Thank you. Finally someone who knows. Thank you.
Can the dollar amount of each co-pay go up over time, or will they each be capped at $20 for life?
Unless the Medigap Plans get re-standardized and there are big changes on the government level there, the copay is capped at $20 for office visits.
The hospital just charged me the $1600 copay. They know I have Plan N, but I don't think they charged my Plan N insurance company. I had a copay for my annual welfare check, were they wrong?
They were wrong, and you shouldn’t owe that. Sometimes for Part A hospital services the hospital needs to submit a claim directly to your Medicare insurance company for payment.
I've gotten **many incorrect bills where they haven't submitted to my supplement plan. Feels like they go 'oops' when you catch them, but as a business strategy, they make a lot of money on the ones that are paid by busy or overwhelmed patients who can't keep track.
You didn't talk about part B excess charges. What if I needed a surgery, what kind of excess charges should I expect
Excess charges are when the doctor or facility doesn't accept Medicare assignment. It depends upon the doctor/facility, not the type of procedure.
I was wondering, once you've met your deductible and Medicare gets a bill and pays their 80%, does Medicare bill your Medigap policy for the rest or does my Doctors office do it. I just want to be sure because I am going to Quest labs for a PSA test and I sign in on the kiosk. When I put my insurance info in, do I just put in my Medicare info.
Typically there is an “automatic crossover “ and Medicare bills the Medigap company
@@AbtInsuranceAgency Thank you very much
Great info to consider when planning for 2025.
If you are on a plan N and at some point in time you want to switch to a plan G are be able to do that without medical underwriting??
In most states no. Underwriting is required.
which states don't allow excess charges.
if PA does not allow excess charges and I live in PA, but I want to go to Mayo clinic in Minnesota (which allows excess charges) will they be allowed to charge me excess charges.
Yes, they would - whether or not you may be billed excess charges depends upon the state in which you are receiving are.
Medicare should be the only plan we have after we work all our lives and retire. No extra supplement plans for dental, vision we have to pay for.
Your contact information at the beginning of the video is really small when I watch the video on a TV. You might want to make it a bit larger so people can see it and connect with you.
Great tip, thanks!
In my area, Houston, plan N is now more expensive than plan G
Thanks for the updates
I'm in the process of choosing between Plan G and Plan N. As is Plan N would make the most sense for me. But my biggest concern is that the government may change the balance billing requirements as they tinker with Medicare. For example, they may raise the excess charge limit beyond 15%. This could have a huge effect on the number of physicians who accept assignment as well as my out of pocket expenses. And I would be basically locked into Part N due to some pre-existing conditions. Any thoughts on this?
Have any of your clients filed a successful appeal for the $50 copay at an urgent care facility?
I tried to switch from plan G to plan N And found I had to go through underwriting. Because I take one medication t for reasons that have nothing to do with a disease called Parkinson’s, two different companies turn me down even after I letter from my doctor. So beware which one you get on the first place because once you get on one you may not be able to change. and 82 years old I have nothing wrong with me such as diabetes, high blood pressure, nothing, but they wouldn’t let me change which is wrong. I am currently on Plan G and I’m going to have to stay there.
Thanks for the update on Plan N.
What happens when an Insurance company goes belly up? Does another carrier have to pick you up at the same premium, same coverage and without underwriting?
If your insurance company goes belly up, you get a special enrollment period of time where you can select another plan. To avoid underwriting, you would need to get a Plan G, which is now the guaranteed issue plan. If you wanted another Plan N, you would need to qualify through underwriting in most states.
If the insurance company completely goes under and can no longer offer coverage to you then you have a guaranteed issue right to purchase a new Medigap without medical underwriting. This is highly unlikely though.
What is the co pay now for urgent care? $20 or $50. Thank you.
@@christinedaley5580 our clients have been seeing a $20 copay for urgent care.
@@AbtInsuranceAgency
Okay. Thank you. That’s what I thought but wanted to be sure. So telehealth and UC $20 co pay since Covid hit. Thanks again. 🙋♀️🙋♀️🙋♀️
How do i set up an appointment with you?
So does plan charge a $50 or $20 for urgent care now?
Based on the coding information I liked in the video notes, it's the $20 office visit copay.
I highly recommend Abt. I am happy I found them on UA-cam!@@richardnowacki2869
I had another question about the co-pay for the plan N. Does a person that has an office visit need to pay the copay AND the part B deductible if their bill is high, or, just the part B deductible? Seems that if a person had to pay both, then it would maybe be better with a different plan?
You meet the deductible first. Then the copays start.
The office copay is either the 20% amount or $20, the LESSER OF THE TWO AMOUNTS. If the 20% amount is less than $20, you pay the 20%.
Medicare keeps reducing payments to doctors each year. Should we not expect an increase in providers who will have excess charges?
Great question - there is still a large incentive, if doctors decide to take Medicare patients, to accept Medicare Assignment. An alternative is to not take/not bill Medicare at all.
On plan n. There is a $240 deductible. Does that include the $20 dr office visit? So once I meet the $240. I no longer pay the $20 dr office co pay?
The copays are what you pay after the deductible.
Do these addtl plans only offered with a and b. Can you purchase n or g if you Medicare C advantage?
You cannot have an Advantage Plan and a Medicare Supplement/Medigap plan at the same time.
thanks for all the info you do, I have tri care for life
Whats the best savings plan for someone who ABSOLUTELY refuses to go to a doctor unless it is critical?
@nomretears I’ve been looking and I believe it is high deductible plan G. The deductible is capped at 2700 per year and that’s it, besides the 240 part B deductible. The cost in my area is 41 dollars a month but in NewYork is 60 dollars.
How much plan G and N premium cost in Oregon?
It depends on your zip code, and age.
So with plan n- even after we meet the 240.00 deductible - we still have to pay the 20.00 co pay? I thought medigap paid that 20.00. - as long as I have met the yearly deductible ? ?.
Best go with plan G. No copayments.
As we age more and more health issues will arise. So I think its best to go with plan G.
Under Plan N you pay $20 max for an office visit, but not for other medical costs that are not office visits. That's why the Plan N premiums are lower than Plan G.
Ok - Thank you - yes plan n sounds wonderful ! In order to keep premium cost down !
My question is will Plan N cover all doctor and ER copayments once the Part B deductible is met?
Once you meet the Part B deductible you still have a $50 copay for ER visits on Plan N. Unless you are admitted to the hospital in which case the copay is waived.
Does the up to $20 doctor visits count toward the Part B deductible?
How long before I turn 65 should I contact an agent to explore my Medicare supplement options?
6 months is a great time frame!
@@AbtInsuranceAgency Many thanks. Love your videos. I've learned so much. I'll be contacting you all next summer.
Talk about excess charges---please
ua-cam.com/video/7i5H8aCCmGw/v-deo.htmlsi=2z-dTHmj4sqlMzwi check it out!
Good to know. Thanks Stephanie
You are so welcome!
Its very understandable these services are changing coding. They are working in or out of office. Times have changed since covid. I order food for pickup and I know they still are a business so i expect the food prices be higher than in store.
can you go over Plan D? it's soooo confusing!
Do you mean Part D Rx coverage?
Why does the link for the cms refer to the previous president?
It wad released in 2020.
@@AbtInsuranceAgency Thank you. I missed seeing the release date. Does this mean the current website version will be updated and corrected?
What happens if your insurance provider says they are doing away with N or leaving Medicare ? Like G are you guaranteed enrollment somewhere else without qualifying?
Yes, you would have a guaranteed issue right to purchase a Medigap plan with a different company.
if I do not have access to the doctor's office, he is no longer my doctor. And BTW, nowadays, who sees the patients are Nurse Practitioners or Dr. Assistants whatever that means. I wonder if our premiums will be lower as well since the system lower our health provider's expertise.
What about your part b co pay and gap that you will never reach. Unless terminal. So you're still paying for everything.
On Plan N?
The Part B deductible is $240 in 2024. It doesn't take much to reach the $240 amount. After $240, Medicare pays 80%.
Too much wiggle room for charges today, which will be exploited further in the future with coding changes. I will get plan G.
Well done, Please add information on what year you describing the changes. Google and UA-cam searches can find things that are years out of date.
😊
Will my plan N premium go up next year on my monthly payment?
Likely, yes.
I will be turning 65 next year, and time flies I am looking Medicare so I am ready. Why does Medicare with a Supplement plan, cost 1/2 the price and give you more comprehensive coverage with no deductibles ( currently $9250) than the ACA Bronze plans?
The amount you pay for your ACA plan is based on your income. Medicare Supplement plans are not based on income.
The ACA plans provide all the coverage, while Medicare is still providing coverage, and the supplement plans are to cover the gaps that Medicare doesn't cover.
Have you ever produced a video comparison between High G and Plan N? Do the savings in the N still hold up against a High G?
Good idea!
I was hopeful you would address guaranteed issue rights for plan N if you leave it for MA then use your trial right to go back. Can you go back to N if company still offers it?
@@DeeM-w6c Yes you go back to the same carrier with same plan before 12 months lapse
Would urgent care be coded fir a $20 copay like primary drnir a $50 copay like emergency room?
$20, like a doctor office visit.
Hi I'm was disabled during covid and started getting ssdi this year. I want to be on Medicare org. BUT FINDING GAP INSURANCE EXPENSES HIGH. HELP PLEASE
Does Medicare consider family plans such as me and my wife like corporate plans do, if not, then it seems we would be paying double.
Medicare is always individual coverage.
My plan n is 253.00 per month. Outrageous!
Do the coding changes in plan N and the copayments or coinsurance allow one to change from an N to a G without underwriting? Also, on either plan N or G in general you need underwriting to change from one to another, but do you also need underwriting to change the supplemental company so another words if you were on G and you applied for end and it went through underwriting and you were declined for medical reasons. Does that mean that on the plan G you are stuck with that particular company forever
Great questions! Yes, underwriting is required to switch from N to G, G to N etc...or from one company to another unless you have a state specific rule: ua-cam.com/video/8WDjN32RjlY/v-deo.htmlsi=sOof_HsG1yhwAfEK
Coding practice changes do not grant you a guaranteed issue right to change away from Plan N.
I've taken SS so I have Part A. I'm 67 and still working. Can I start Medicare at any time?
If you have creditable employer insurance then yes!
@@AbtInsuranceAgency What characteristics for employer insurance make it considered "creditable" for Medicare?
Company must have 20 or more employees to be considered credible coverage for Medicare purposes, if not you pay a penalty that lasts the entire time you use Medicare.
If im not happy in one medgap plan can i change to another
Medagap plan
What is the likelihood, in your opinion, that the copay amounts will raised in the future? All other Medicare copay and premium amounts are subject to change each year for inflation, but the $20 & $50 copays are fixed forever?
I doubt the Plan N copays would be raised anytime soon, if at all.
Amazing that CMS can not update the information you just reported on.
I agree. However...they did make changes during the pandemic regarding telehealth. It may become a permanent way of office visits for all plans not just for those in rural areas. You can do a search and find CMS documents related to those changes on telehealth and other health care options. I am not by any means an insurance agent or adivisor. But I like to research information. It's just CMS should be more informative in my opinion.
I don’t know if you covered this, but is an Urgent Care visit a $20 or $50 dollar copay?
$20
How can i join your agency
I understand that plan n has a much lower deductible than g and you have to pay the co-pays. And I know people say the copays don't add up to the extra you pay in premium for plan g but I think what people forget is that you're not always going to be as healthy as you are this moment. If you get an illness and you start needing x-rays and blood work and Mri's and Ct scans etc i think the copays are going to fire out way the extra premium that G would have cost you. And you have to realize too that if you get an illness like cancer that's not necessarily over in 1 year so you may have to keep doing that for a number of years.
Good input!
No that's not true. Getting blood work and CT scans and MRIs or any diagnostic testing does not have any copay's. If you're talking about having more doctors visits when you get sick, then that's one thing but you didn't say doctor's visits you said all these other things and that's untrue. Then you mentioned cancer. If you have to see your doctor several times a month for an office visit then I can see having a problem with more co-pays but I don't think cancer treatment itself has any kind of copays. I think it ultimately depends on how many times you actually sit in with the doctor on what they consider an office visit
Plan G & Plan N have the same Part B annual deductible. The Plan N copays only apply to office visits and emergency room visits.
If they don't change then how can there be changes
I'm interested in a video on the new Part D changes the Inflation Reduction Act brings for 2025, namely the $2000 max OOP and if Medicare will consider some employer plans Not Creditable if their's is Over $2000 cost to employee? Should workers over 65 enroll in Part D or will employer drop them from their health coverage if they do? Or if they keep employer coverage that is no longer Creditable, will they face a penalty for enrolling late in D? Not sure the ramifications of these unintended consequences?
@@lyndayoung8761 I touch upon exactly this in my most recent video!
Does Plan N cover annual physical exams since Medicare itself doesn't?
No, Plan N generally only covers what Medicare covers.
Medicare covers an annual wellness exam 100%.
Would urgent care be coded for $20 like a doctor copay or $50 like emergency room?:
Urgent care is charged like a doctor’s office visit, so $20 is the copay.
@@MaryBethMcCoy thank you so much for your fast reply
$20 like an office visit.
@@AbtInsuranceAgency thank you so much for answering my question I am still leaning towards plan N and will contact your office in 2024 which is when I will be turning 65
By the time you pay for all this, there's nothing left of your social security check. It sucks that you pay into this corrupt system all your working life and you get hardly anything in return. 🤬
Plan G vs Plan N. about a $40 dollar per month premium difference. So 2 visits a month, you should be in Plan G, More than 2 visits, you should be in Plan G. and then there's the EXCESS CHARGES which is balance billing. You should be in Plan G. You are going to pay more in Plan N 99% of the time. Enroll in Plan G, set and forget.
I respectfully disagree. Some people should be in Plan G while others will be much better off on Plan N.
My understanding with the plan N. Is that if insurance company goes out of business. You have to take a health and wellness test to have another carrier to get plan N. And that's not with plan G
That’s not true - if you have a Plan N and your insurance company goes completely under and can no longer service their books of business (incredibly unlikely) then you have a guaranteed issue right to purchase a Plan G with another insurance company.
@@AbtInsuranceAgency so what is the birthday rule then
Thank you
You are welcome!
How much do you pay a month??
Depends on supplement company and plan type. N or G, also your age come into play. Suggest contacting her for details.
You nailed it! 🙂 888-465-9728
Also depends on your state