Wow that is wonderful. What is the cost of Mega Plan G?

@@jennifer6814 Cost varies on your state. There is also a high-deductible version which lowers the premiums.

Yep. When you need it, Plan G is there!❤

Thanks for the info! ♥️

It's definitely complicated!

Simple ?? Huh ?? I just received from medicare "Medicare and You 2022" booklet which may indeed be helpful, but at 130 pages long does it qualify as simple ?? Well not exactly.

It’s about profits first, people second sadly…:

The more complicated it is the more insurance companies make.

Really true. Whoever invented this confusing bull….sh… should be punished!

I totally agree.

" The Centers for Medicare and Medicaid Services (CMS) wasted $143 billion on Medicaid overpayments during the last two years, and it hasn’t been transparent about its efforts to recover those funds. CMS reported $57.36 billion and $86.49 billion in Medicaid overpayments in the fiscal years 2019 and 2020, respectively. The improper payment rates of 14.9% and 21.36%, respectively, represent a substantial jump from prior years, and CMS is required by the Social Security Act to recover improper payments that exceed three percent. " I'm also going to say something that may not be politically correct but some of the illegals coming into this country received benefits too and they haven't paid into the system like we have.

We should all be calling our members of Congress to make sure at very least that dental coverage is added to original Medicare in the massive spending bill. I am afraid they have dumped that and eyecare from the bill. Dental at least is very important to seniors. Your teeth are your life!!

@@philc.9280 Don't confuse Medicare with Medicaid - and please do not make wild ass statements without any proof. Politically correct or not, if you have proof of your statements, show it otherwise, shut your pie hole.

@@denali9449 Not sure how to respond to your ignorance or stupidity. I'm just quoting news and government sources. Whether you choose to believe it is not my problem." 2020 Estimated Improper Payment Rates for Centers for Medicare & Medicaid Services (CMS) Programs Nov 16, 2020 Billing & paymentsComplianceMedicare Part CMedicare Part DMedicare Parts A & B Prescription drugs" I stand by my comments that are screened.

Are you on a Medicare Advantage Plan?

Thank you for watching!!

All I can say is MEDICARE sucks! After paying for MEDICARE all my life, I am still paying for MEDICARE every month, and I'll soon be running out of savings.

I love hearing that! Please feel free to call or email us with questions at any time www.abtinsuranceagency.com

Wow, what a compliment! Thanks

Yes, but what would have happened if you’d gotten cancer?

@@kathygann7632 that’s a chance we take but my plan affords me superior coverage with easy access to my primary for checkups. A healthy lifestyle, plenty of exercise, healthy meals means a lot too.

The only thing with ADVANTAGE plans are U have big deductibles . No one ever know’s about their health from one day to the next . Usually a person pays approximately $3000 for a hospital stay with ADVANTAGE plans . Can you imagine going into the hospital twice in a year ? Most advantage plans don’t cover HOSPICE either . Freedom of choosing your own top physician is vital to me . Don’t take it for granted you will be healthy all through your senior years .

@@maryisabell8760 i have had Essence Advantages for the last 2 years. I have averaged only $600 per year out of pocket. MOOP is $1800. My 91 year old father had the same plan with multiple hospitals visits. He only paid the MOOP of $1800. Per year. Essence has a 5 star rating in St Louis. A top teir carrier. My drugs are all their 1. Little or no expense there. No oop for my primary doc. I eat right and exercise. Keep a health life style for pushing on 69 years old. Life style choice affords me the luxury of a MA. Not everyone can or will have that choice

Yeah, I was doing great at 67 too. 75 now. In the interim, 2 strokes, a heart attack, prostate cancer, 9 day hospitalization for hymolitic anemia, 6 hospitalizations in all. I'd exercised and followed a healthy diet. Generally, I'm above average shape for my age. Everybody is in good health until they aren't. Good luck trying to switch back to original Medicare when your Medicare advantage deductibles kill you financially in a few years. My Aetna Medigap supplement plan covered every penny of my medical bills with the exception of 20.00 specialist copays, The 170.00 monthly premium is well worth he cost My Plan D is 25.00 month and covers everything. Enjoy your life now, because your future might not be so rosy.

Pedro, your dilemma is these plans and legislation change annually. Go with the best supplement u can afford. Stay away from Advantage plans

@@JohnJohn-wr1jo Hi, if you have time, please share your reasons for not going with an Advantage plan. I chose traditional Medicare and a Plan G when I retired last year because I knew I'd be moving out of state soon, to a rural area, and wanted a wider choice of doctors if I wasn't pleased with the locals approved by an Advantage plan. I was thinking that after moving and learning more about the local medical community, I might drop the Plan G, and go with the new state's Advantage program. But you say no so convincingly, I'm having second thoughts.....what's you're reasoning, please?

Yes, all correct! ☺️

@@AbtInsuranceAgency And if you had plan N you also will be paying all of the costs explained above? Is there other Medigap plans that you would not be responsible for the Medicare part B? Thanks

@@Wart6045 The short answer is no, Not a Medigap / Supplemental plan.

Part B is going up to $170.10 in 2022 and the deductible is going up to $233..

In my state the best rate for plan G is AARP and that's $212. The rates are unisex.

I'm curious about Plan G High Deductible. If you want to switch from Plan G HD to Plan G or Plan N, do you still have to go through medical underwriting?

@@motnoslo most likely yes. Unless if you are in a state that allows you to switch which are very few. California, for example, allows you to switch to a plan of equal or lesser benefits within in 60 days from your birthday. Great last name by the way ;)

@@samolson5322 Thanks Sam! I like your last name too! Lol

Another word for “medical underwriting “ is “pre-existing conditions exclusion”. Plan N is cheaper by about $45/ month than plan G, however N has more Copays. If your health deteriorated later on, you might not be accepted by plan G providers ( unless your payer went out of the supplemental insurance business). Not sure the monthly saving of plan N is worth the gamble if your Heath worsens…I know it isn’t for me, and I worked with these insurances for 20 years as a certified Nurse Case Manager

@@josephdebes3060 I had wondered about where pre-existing conditions fit into the Medicare picture, since my husband is a T1 diabetic.

Thanks for the feedback! In my more recent videos I’ve changed up the microphone set up to hopefully improve sound quality. It’s definitely a learning process, thanks for following along! 🙂

Agree about the tinny sound…..need better. Acoustics!

@@jpear agreed! Hopefully on the newer videos on my page you’ll hear better acoustics. I’m definitely still learning 😉

I changed from N to G Has saved me thousands as I fell and it has taken all year to rehab. Different story on part D. Skyrocketing drug costs..

Very important, and not widely know. Thank you for watching, call us anytime!

Not all states underwrite.

Please give us a call at 888-465-9728! 🙂

@@AbtInsuranceAgency A thought. Three years ago (maybe it was four) I jumped onto Plan F not knowing what the future held. Now I’m wondering if I could stay with Plan F, but change companies if we can find one with even modestly lower premiums? I’m currently paying $269 monthly. Having watched virtually all of your videos I feel like an idiot. I probably made every mistake possible: - I didn’t work with an independent agent, I purchased directly from the company; - I didn’t even really shop companies, I just went with one that was very highly rated and had great brochures; - I didn’t even KNOW about the 6-month open window enrollment period that side-steps medical underwriting. The list goes on. I can imagine how busy you must be right now, but I really need your help. You actually make it seem almost easy. 😁

@@stevecampo1618 : Keep plan F - they don’t offer it anymore but you can keep it if U have it . It is the BEST of the BEST - I have it . It is worth that extra money to have all that coverage . When you need it you NEED it . That is my 2 cents worth . God Bless

I’m turning 65 in November and am on Medicare and MediCal. Thinking of going with a medigap policy guaranteed issue due to health issues and to broaden my coverage, but I will then lose MediCal payment of my part b premium which will hurt me. I would like to speak with you about the details please. Thank you.

@@maryisabell8760 seems plan G is equal coverage. I think paying just under $300 for one time deductible vs plan F paying $7-80 more a month give plan G the win. Yes they removed plan F for new enrollees just cause the laws changed for plans including deductibles

While this is certainly possible, I haven't seen it yet with original Medicare (and G). Normally, if your doctor says it's medically necessary, Medicare pays it. This is opposed to Advantage Plans, where everything must be preapproved.

Me too! I went through a broker last year, and he cheated me good! I have Barrette’s Esophagus (pre-cancer). Before Medicare, my insurance covered it well. Since then, I’ve had to settle for a less effective drug, meaning I will get cancer eventually. The good drug costs $800/month Medicare Advantage with United Health Care (UHC) only covered HALF the cost. Living on Social Security, I can’t afford $400/month. It would be much less expensive if I got 90 days at a time ($229), but UHC refuses to allow the pharmacist to fill more than a 30-day supply. UHC sucks!

I have fretted , worried , went back and forth like a YO YO , which is best for me ? Really not TRUSTING anyone else to make these decisions for me , that I will have to live with . I was originally enrolled in PLAN F - which is better than G PLAN . I understand only people who already have PLAN F can keep it - it is not offered any more . The ADVANTAGE PLANS are what I would stay away from . It is VITAL to me to be able to CHOOSE my own doctors, any where I want ( that accepts MEDICARE ) . ADVANTAGE plans have big deductible’s and who knows if we can afford those deductible’s in the future ? This is the thing -- we don’t know how long our health will hold up - getting older ?

@@cherylmcnutt9905 Me three!! I retired last year at 69, and like "Barbara Ebner" above said, I can't believe how stressful navigating health care/insurance issues has been! How I miss my employer's group benefits involving only 2 decisions! What cruel irony that just when memory and other mild cognitive deficiencies start to show up, and my income is suddenly half what it used to be, I'm tasked with learning at least 6 different insurance Plan parts (A, B, D, Advantage, G, and now N); plus trying to calculate costs of all the options and combinations, and timings, and prescription prices at different pharmacies, and realizing the same health care will cost me three times what it did when I was employed. With all the technology we have, why isn't there a computer program for entering your data and it having it calculate what all your best, and least expensive choices are during each open enrollment period?? There is some sort of program the local brokers use, but it still leaves me with too many options and not enough info. For example, I found out Medicare does not approve of one of my prescriptions; consequently, what my employer's insurance cost me $20 for a 90 day supply, will now cost me $600 for the same thing. This is the best Rx Plan D the program could find. Then a friend suggested asking at my pharmacy how much the prescription would be if I said I had no insurance. When I asked, the price for 90 days was suddenly only $249. The pharmacy also said since I wasn't restricted by any insurance company rules, I could buy the entire year's-worth the doctor had written for, all at one time, and the per tablet price would be even less. (Unfortunately I could only afford a half year's supply at one time.) Later on, it occurred to me to ask at a different pharmacy, and their price was only $183 for the 90 day supply, so then I was kicking myself for cognitive impairment issues! I also got a "Good Rx" discount coupon, but the best price was just using no insurance whatsoever, and asking at different pharmacies. I wish you good luck and stamina for navigating the system, and thank you for your comment!

@@varonadee6980 Thanks, I wish the same for you! One thing I can tell you I learned the hard was all of the “Advantage Plans” rarely cover much of higher tiered drugs. Basically, the drugs you might need as a senior citizen are often Tier 3 or Tier 4 drugs and they offer no coverage at all, and tell you you have to use an older, less effective drug, which could endanger your life. It happened to me. At age 65 you can sign up for full Medicare. It’s always 80%/20%, but there’s no limit on treatment or drug types. That’s what I’m getting.

@@cherylmcnutt9905 Thank you for responding, Cheryl. Just to clarify, I am already on traditional Medicare Part B, with a Plan D for meds, and a supplemental Plan G. But Medicare doesn't "approve" of the tablets my M.D. prescribed, no matter if they're brand name or generic, and there is nothing else to substitute. I can go to the pharmacy and show my Medicare prescription Plan D card, and get to pay $600 out of pocket for a 90-day supply. The only thing Medicare covers is for the remaining three 90-day supplies in a year, I will only be charged $400 each. My Plan G pays nothing because it does not cover prescription meds. That's why I go to the pharmacy and get the tablets with no insurance, without ever mentioning Medicare. With NO insurance, I can pay $732 a year, but with Medicare I would pay $1800 a year. On the plus side, Medicare only charges me $3.00 for a 90 day supply of Metformin!

Glad it was helpful!

Thanks for watching and commenting!

Can you please tell me What is politicians plans

LIE....Congressmen have Obamacare Gold Plan subsidized by the taxpayer so they pay about 28% of the total premium. They are also under the same retirement system as all Federal Employees and have been since 1986

Yeah, lots of people think that Congress and Senators have some really great health plan, and it is a good plan, but it is Obamacare which they cost share on. When Democrats were pushing Obamacare through, Republicans thought they would be clever and suggest that if it was "so good" all members of Congress should have to be on it. They figured Democrats would say no and they could use that against them. To their surprise (and maybe shock) they jumped on the idea! So Congress being on Obamacare is perhaps the only contribution to Obamacare from Republicans.

@@alansach8437 Nice try but FALSE. Democrats controlled the process. They controlled both Houses of Congress during the entire time the Bill was being crafted and passed into law. The final bill was passed in the Senate by the reconciliation process and NO Republicans voted for it. The Republicans PUBLICIZED that fact that early versions of the ACA exempted Congress and the political pressure changed that exemption by the final version of the Bill passed.

Looking forward to it!

So great to have that peace of mind!

So true! Thanks for sharing.🙂

😊

Plan N is definitely a great fit for certain people.

Yes. But always remember, depending on where you live, you may see the 15% excess fee. Here in Florida you might see it more than other places. I advise all my clients to ask if the Doctor of facility is a participating/assignment. Meaning they accept whatever Medicare pays them

@@jasonosborn5726 and in some states like my state of Ohio, it is illegal for anyone to charge excess fees.

@@jwslks WOW! If they did that down here in Florida, I fear we would have a mass exodus of doctors, similar to what we saw in 2014 when the government made the changes to part C

@@jasonosborn5726 you are 100% correct. People just need to call the physician or facility and if they say they take Medicare assignment, then there are no excess charges.

Thank you, Robert for providing this real-life example. I can afford the $138 a month I'm paying for Plan G at age 70, but on my income, I could not afford $295 a month, and certainly not whatever it will be 13 years from now when I'm 83! Both my grandmothers lived to be 99, so I think a time is coming when I'll have to give up medical insurance, and forgo medical care.

Glad it was helpful!

For some crazy reason I have been told that plan N is more expensive than plan G In my state even though plan G pays for more. I’ve seen videos where they’re saying that the cost for plan G will be going up more rapidly because it has more people and many of those people are more sick. If that’s the case why in the world is plan N more expensive in Kentucky? It seems if you’re willing to shoulder more of the cost the rate should be lower

Yes that’s right. Individual coverage under Medicare.

Plan G is a better value than Plan F 99% of the time. Give us a call, we would be happy to show you some Plan G rates for them and help you to figure it out! 888-465-9728

Who was 'they' that put you on a Plan N? I know the pre-existing thing can be a difficult road but normally if you stick to the Medicare timeline and had coverage before you signed up, the pre-existing clause is waived. Speaking as someone who was receiving medical care for a kidney transplant for 15 years prior to signing up for Medicare. No questions asked, sign here and pay the premium. I got a Plan F back then and have stuck with it. I make be wrong but it sounds like you were misled.

You are paying for part b and your ppi is usually 0 premium with covpays. If you want need suop plan you have to purchase that plus buy a drug okan

Thank you for watching!

Please give us a call! 888-465-9728

Makes are usually about $10-15/month more than females

Seems like a crap shoot. I was healthy too until I got breast cancer. Glad I had plan G. Paid 100% of a 250.000 dollar hospital and therapy bill. I paid 203.00 deductible. I think it depends on your cash outlay available as well.

@@susanbickersteth2526 Luckily I live in a state where I can switch plans during annual open enrollment without the need of providing evidence of insurability. If I get sick/etc. I can move up to Plan G, etc.

@@bbrad628 which State do you live in?

@@susanbickersteth2526 Washington State

@@bbrad628 no underwriting in Washington? There is more for me to research since I have had a cancer diagnosis. A little worrisome.

This depends on many factors. Without a Medigap plan, you are responsible for the full 20% that Medicare doesn't pay, with no cap or out of pocket limit. In the case of cancer or serious illness, this could potentially be a LOT of out of pocket exposure, more than you may have saved in your HSA. Feel free to call us with questions! 888-465-9728

Feel free to give us a call at 888-465-9728!

Yes they can cancel - but if they enroll in Part B again in the future they may be penalized for the time they did not have Part B.

This video helps to review Medigap underwriting criteria: kzfaq.info/get/bejne/jqqIl7N-st7Qf6M.html You can also call us anytime for assistance, as underwriting questions can vary from one insurance company to another and we are very familiar with all of the various carriers and what types of questions they ask when it comes to Medicare underwriting. 888-465-9728

6 months from your Part B effective date is the Medigap open enrollment period.

As a person with a disability, I was only able to sign up for an Advantage plan. When I reached 65 years old I was able to enroll in a supplement (and I chose a G).

@@gingermate7490 I have both Medicare but where to get n how to add planG. As I am 74 years old

you can purchase a supplement at likely 3 to 4 times the cost of a supplement purchased by someone turning 65 or leaving group coverage. Medicare Advantage is usually the best bet for those on Medicare that are under 65.

Until the end of August. Call us, we can help! 888-465-9728

Yes! kzfaq.info/get/bejne/frKKobKU3bfGiJc.html

@@AbtInsuranceAgency Thank you much.

Yes (likely) and yes! Call us with questions anytime. 888-465-9728

If you have purchased a Plan G it will kick in and pay on all Medicare approved medical and hospital bills after you’ve met the $233 annual deductible. The deductible re-sets each January. I hope this helps!

@@AbtInsuranceAgency Thanks for the quick response. But do I have to pay anything EXTRA for Plan G until January of next year?

@@angelinoz5159 Don't know if this helps, but I met my Part B $233 deductible in May, so all my doctors visits have been paid for 100% since then, by Medicare and my Plan G. I still have to make monthly payments for my Medicare Plan B, and for the Plan G policy to continue, however. I'm not sure if this answers your question.

Federal retirees usually have a retirement benefits package available to them, and many opt for that instead of a Medicare supplement or Medicare Advantage plan.