Medicare Part G Cost
Do you know which Medicare Supplement plan is subscribed the most by seniors this year? The answer is Medicare Part G, which is commonly known as Medicare Supplement Plan G or Medigap Plan G. Here we will discuss the actual cost of Medicare Part G.
Plan G is a high coverage plan that covers most of the supplemental expenses such as
- Medicare Part A deductible
- Part A hospice care
- Part A hospitalization coinsurance
- Excess charges of Part B and
- Part B coinsurance
- First 3 pints of blood (the rest is covered by the Original Medicare plan)
- Nursing care cost
- Foreign travel exchange cost (80% expense is covered and $50,000 is protected for the lifetime)
Most of the expenses that are common for the majority of seniors are protected when you purchase Medicare Supplement Plan G. By getting these expenses covered, you will save a lot of money and have to pay little to no money from your pocket. Even if such expenses occur, like the annual deductible of Medicare Part B which doesn’t cost you so high but saves you from buying a plan that costs you much higher than what you pay for the deductible of Medicare Part B.
If you want to purchase Supplement Plan G, you can find plenty of options in the market from where you can buy this plan. To find the most competitive one, you need to make a comparison and find the insurance company that sells this plan with a great deal. This plan is very high in demand due to the coverage it provides at an affordable rate. But, before purchasing you should check which company is providing you the same plan at a good rate.
You can use the comparison tool on our website that is absolutely free. Within seconds, by just entering your zip code you will get a list of plans and insurance providers that are available in your area. This comparison tool can be used as many times as you want and every time it will provide you the accurate and latest result of the plans in the locality.
Due to the discontinue of Plan F, many seniors have started searching for alternate plans that give you somewhat similar coverage but can be purchased at an affordable price. The coverage remains the same for Medicare Plan G, whether you purchase it from Aetna, Mutual of Omaha, or any other famous insurance company because the coverage is set by Medicare itself and they aren’t going to change it any sooner. If they decide to make any change in the coverage, they will inform the members before. However, you will differ in the prices of Plan G from one insurance provider to another.