📨 Compare plans and rates in your area! www.remedigap.com/medicare-supplement-quote/? 📧Enroll in the internet’s #1 Medicare Educational Course for FREE! www.remedigap.com/medicare-ecourse/? ➡ Looking for personalized assistance? Schedule a call with us today! www.remedigap.com/appointment/?
It’s critical for Medicare-eligible individuals to select optimal plans to reduce the likelihood that lack of coverage would prevent smart health care utilization choices, not only for their health outcomes, but also to help keep health care spending in check.
In my opinion, enrolling in medicare isn’t just a way to get health care coverage when you turn 65, it’s also a major part of ensuring financial security during retirement. Individuals can seek counsel from a certified financial advisor, who can provide specialized advice and methods to decrease expenses and maximize income.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $800,000 by investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about three years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
My Plan N went from $107 to $111 a month. Only one physician charges a co-pay and only $9 a visit which I see him twice a year. So my co pay for the year is $18. Well worth the savings from the higher premiums from Plan G. I was an RN Case Manager in a hospital prior to retirement so I was well aware of Medicare options before signing up.
Thank you for sharing your experience! It sounds like you made a very informed decision, especially with your background as an RN Case Manager. For many people, Plan N can be a great option, particularly if their healthcare needs are minimal and co-pays stay low, like in your case. That small increase from $107 to $111 still keeps your total costs quite manageable compared to the higher premiums of Plan G.
@@Remedigap Historically, Medicare appears to be closing Medigap plans that have no copays. I wonder if this is a trend. I originally was looking at Plan F which closed, and now with the dwindling membership to split the costs the premiums are much higher. I wonder if Medicare might do the same with Plan G and eliminate free office visits for patients that might go too frequently just because it's no cost to them. Having even a small copay might deter frequent, unnecessary office or ER visits. If so, then Plan G will be the next down the road to have a dwindling membership and higher premiums. I chose Plan N for that reason.
It’s fantastic that both you and your wife have been able to stay on Plan N for several years with such a stable premium-that’s definitely a great situation! Having that kind of consistency in your costs can bring a lot of peace of mind.
Medigap companies generally do adjust their rates periodically, often once a year, and this can happen regardless of which company you’re with. Some companies may raise rates more aggressively than others, so shopping around for the best fit can still be beneficial. Even if a new company raises rates annually, the initial premium you start with could be lower, which could save you money in the short or long term.
Thanks for sharing! Even with the slight increase from $86 to $90 a month, it sounds like Plan N is still working out well for you, especially since your visits are fairly limited. Those occasional co-pays can definitely be manageable compared to the higher premiums you’d pay with other plans like Plan G. It’s all about balancing those monthly costs with what you’re comfortable paying out-of-pocket.
Do you have copays on hospital, xray, surgery and all other procedures with plan N, just like with an advantage plan or are the copays limited to just Dr's visits and ER?
Great question! With Plan N, the copays are limited to office visits (Dr. / Specialists) and emergency room (ER) visits (unless you’re admitted to the hospital from the ER, in which case the ER co-pay is waived). You don’t have co-pays for hospital stays, surgeries, X-rays, or other procedures-they’re typically fully covered under Medicare Part A or Part B after you meet the Part B deductible.
I’m so glad to hear you’re happy with your High Deductible Plan G! It can be a great choice for those who want the lower premium and don’t mind paying a bit more out-of-pocket before the coverage kicks in. It’s always a relief to find a plan that works well for your needs and budget.
My plan N community' based in n.y just jumped again from 242 to 270 for 2025 ,part d scripts are even worse with 590 deductibles,it goes by zip code in n.y for plan N
I completely understand how frustrating it can be to see those premium jumps. The Part D deductible increase to $590 is another tough one to swallow, especially if you rely on regular prescriptions. It’s important to keep reviewing your options each year, especially during the Annual Enrollment Period, to make sure you’re still in the most cost-effective plan for your situation.
Plan G, like most Medigap plans, typically requires medical underwriting if you’re switching to a new Plan G outside of your Medicare Supplement Open Enrollment Period or a Special Enrollment Period. This means that in most cases, the insurance company can evaluate your health status and decide whether to accept your application or adjust your rates. However, there are some exceptions. Certain states have rules that allow you to change plans without underwriting at specific times.
That’s great to hear that your Plan N stayed the same in Minnesota! It’s always a relief when premiums hold steady, especially with all the changes happening in healthcare costs.
I understand your frustration! It can be tough to see rate hikes, especially when it feels like companies are only responsible for a portion of the cost. Many factors contribute to these increases, like rising healthcare costs, changes in the population, and how much care people are using.
📨 Compare plans and rates in your area! www.remedigap.com/medicare-supplement-quote/?
📧Enroll in the internet’s #1 Medicare Educational Course for FREE! www.remedigap.com/medicare-ecourse/?
➡ Looking for personalized assistance? Schedule a call with us today! www.remedigap.com/appointment/?
It’s critical for Medicare-eligible individuals to select optimal plans to reduce the likelihood that lack of coverage would prevent smart health care utilization choices, not only for their health outcomes, but also to help keep health care spending in check.
In my opinion, enrolling in medicare isn’t just a way to get health care coverage when you turn 65, it’s also a major part of ensuring financial security during retirement. Individuals can seek counsel from a certified financial advisor, who can provide specialized advice and methods to decrease expenses and maximize income.
It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $800,000 by investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about three years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.
My Plan N went from $107 to $111 a month. Only one physician charges a co-pay and only $9 a visit which I see him twice a year. So my co pay for the year is $18. Well worth the savings from the higher premiums from Plan G. I was an RN Case Manager in a hospital prior to retirement so I was well aware of Medicare options before signing up.
What company do you use for Plan N
@@SusanBenning All the insurances are different, and their cost. It all depends on what is offered in your area zip code.
Thank you for sharing your experience! It sounds like you made a very informed decision, especially with your background as an RN Case Manager. For many people, Plan N can be a great option, particularly if their healthcare needs are minimal and co-pays stay low, like in your case. That small increase from $107 to $111 still keeps your total costs quite manageable compared to the higher premiums of Plan G.
@@Remedigap Historically, Medicare appears to be closing Medigap plans that have no copays. I wonder if this is a trend. I originally was looking at Plan F which closed, and now with the dwindling membership to split the costs the premiums are much higher. I wonder if Medicare might do the same with Plan G and eliminate free office visits for patients that might go too frequently just because it's no cost to them. Having even a small copay might deter frequent, unnecessary office or ER visits. If so, then Plan G will be the next down the road to have a dwindling membership and higher premiums. I chose Plan N for that reason.
My wife and I have been on Supplement Plan N for several years, total premium $285 monthly for both of us and has not changed for several years.
It’s fantastic that both you and your wife have been able to stay on Plan N for several years with such a stable premium-that’s definitely a great situation! Having that kind of consistency in your costs can bring a lot of peace of mind.
But, won't the new company you move to raise your rates at least once a year too?
Medigap companies generally do adjust their rates periodically, often once a year, and this can happen regardless of which company you’re with. Some companies may raise rates more aggressively than others, so shopping around for the best fit can still be beneficial. Even if a new company raises rates annually, the initial premium you start with could be lower, which could save you money in the short or long term.
Do I have to buy a Medigap Plan within my zip code?
Yeah my N went from around 86 to 90 a month. Some of my doctors charge the copay but i only go two to three times a year.
Thanks for sharing! Even with the slight increase from $86 to $90 a month, it sounds like Plan N is still working out well for you, especially since your visits are fairly limited. Those occasional co-pays can definitely be manageable compared to the higher premiums you’d pay with other plans like Plan G. It’s all about balancing those monthly costs with what you’re comfortable paying out-of-pocket.
Do you have copays on hospital, xray, surgery and all other procedures with plan N, just like with an advantage plan or are the copays limited to just Dr's visits and ER?
Great question! With Plan N, the copays are limited to office visits (Dr. / Specialists) and emergency room (ER) visits (unless you’re admitted to the hospital from the ER, in which case the ER co-pay is waived). You don’t have co-pays for hospital stays, surgeries, X-rays, or other procedures-they’re typically fully covered under Medicare Part A or Part B after you meet the Part B deductible.
Plan N is great coverage. 👍
I have HDG and am very happy.
I’m so glad to hear you’re happy with your High Deductible Plan G! It can be a great choice for those who want the lower premium and don’t mind paying a bit more out-of-pocket before the coverage kicks in. It’s always a relief to find a plan that works well for your needs and budget.
My plan N community' based in n.y just jumped again from 242 to 270 for 2025 ,part d scripts are even worse with 590 deductibles,it goes by zip code in n.y for plan N
I completely understand how frustrating it can be to see those premium jumps. The Part D deductible increase to $590 is another tough one to swallow, especially if you rely on regular prescriptions. It’s important to keep reviewing your options each year, especially during the Annual Enrollment Period, to make sure you’re still in the most cost-effective plan for your situation.
Whats even more frustrating is there is no way too find out in community pricing if these rate hikes are ligett
Is it true that Plan G never requires a medical precertification (‘questions’ as in this video)?
Do you mean prior authorizations or underwriting questions?
Plan G, like most Medigap plans, typically requires medical underwriting if you’re switching to a new Plan G outside of your Medicare Supplement Open Enrollment Period or a Special Enrollment Period. This means that in most cases, the insurance company can evaluate your health status and decide whether to accept your application or adjust your rates. However, there are some exceptions. Certain states have rules that allow you to change plans without underwriting at specific times.
My plan N stayed they same. I live in Minnesota.
That’s great to hear that your Plan N stayed the same in Minnesota! It’s always a relief when premiums hold steady, especially with all the changes happening in healthcare costs.
I appreciate your videos so much !
Thank you! I truly appreciate your support and am so glad the videos have been helpful to you.
They only have to pay 20% and yet they keep hiking the rates is criminal.
I understand your frustration! It can be tough to see rate hikes, especially when it feels like companies are only responsible for a portion of the cost. Many factors contribute to these increases, like rising healthcare costs, changes in the population, and how much care people are using.