Boomer Benefits’ View About the Advantages of Medicare Plan G Covered in News

Fort Worth, Texas -

Boomer Benefits, a health insurance agency in Fort Worth, TX, is excited to announce that their article on Medicare Plan G has been covered in the news recently. The article points out that Medicare Plan G is actually the most popular Medicare Supplement with their Baby Boomer clients. It is important to note that Medicare Plan G is very much the same as Plan F, which is no longer available for those who are new to Medicare on or after January 1, 2020.

Plan G offers excellent value for Medicare beneficiaries who are willing to get a small annual deductible. After that, Plan G will provide complete coverage for all the gaps in Medicare. It will be covering 20 percent of what Medicare Part B fails to cover. It will take care of the Medicare Part A hospital deductible, coinsurance, and copays. And it is important to note that doctors and other healthcare providers are obliged to accept Plan G policies if they accept the Original Medicare. And Medicare Plan G policies can be used anywhere in the US, since they don’t have any network limitations.

A comparison between Medicare Plan F and G reveals that Plan G covers almost everything that is covered by Plan G, except for the Part B deductible. Thus, Plan G covers: Medicare Part A coinsurance and hospital costs (up to an additional 365 days after Medicare benefits have been used up); Medicare Part B coinsurance or copayment; Blood (first 3 pints); Part A hospice care coinsurance or copayment; skilled nursing facility coinsurance; Medicare Part A deductible; Medicare Part B excess charges; and foreign travel emergency (up to plan limits).

First of all, Medicare Plan G covers each of the gaps in Medicare except for the annual Part B deductible. This deductible is only $233 in 2022. Thus, for those who have a Plan F that has been in place for years, Boomer Benefits can probably help with their premiums by looking at Plan G. They can often find a Supplement Plan G that saves a significant amount in premiums over Plan F, usually significantly more than the $233 deductible that the beneficiary will have to pay out. The difference is the savings. Second, Plan G has excellent coverage. It will take care of all hospital costs during hospital stays. And most importantly, it will pay for the hospital deductible, which is more than $1,556 in 2022. For hospital stays that last longer than 60 days, Plan G will also take care of the expensive daily copays that may be encountered. It will also provide an additional 365 days in the hospital after Medicare benefits have run out. And it will also take care of payments for skilled nursing facility co-insurance.

And for those who require outpatient care, Plan G will cover everything except for the first $233 in expenses, which is the part B deductible. That will need to be paid the first time the beneficiary has outpatient care for that year. After that, Supplement G will take care of all the remaining charges.

Founded in 2005, Boomer Benefits is an award-winning insurance agency for various national insurance carriers including Blue Cross Blue Shield, Cigna, Mutual of Omaha, Aetna, and several other A-rated carriers. They are licensed in 48 states in the US and over the years, they have developed the reputation of being the baby boomers insurance agency. They provide free consultation with Baby Boomers. Their Client Service Team provides free lifetime support for Medigap policy requirements. And they will inform the client if there is any rate change from their chosen insurance company. And in the event that there are claim problems, they will offer free support with appeals and drug exceptions. They are actively involved with both the National Association of Medicare Supplement Advisers and the National Association of Health Underwriters. This means that they are always aware of the frequently changing legislation that impact Medicare benefits.

Those who are interested in learning more about Medicare Plan G can check out the Boomer Benefits website, or contact them on the telephone. They are open from 8:45 am to 5:30 pm, Monday to Friday.