As of 2020, Medicare Supplement plans (AKA Medigap) no longer sell Plan F or Plan C to newly eligible Medicare members. Congress issued the MACRA law stating that new Medigap plans are no longer allowed to cover the Part B deductible as of January 1, 2020. This only affects plans C and F and will only impact certain beneficiaries as explained below.
Why did Medicare changed in 2020?
Congress believed that by requiring all Medicare members to pay their part B deductible this would reduce medical overuse. Since Medigap Plans C and Medigap Plan F (including High Deductible F) are the only plans that cover the part B deductible, these are the only Medigap plans affected by this change.
Who is Impacted by the 2020 Medigap Change?
Newly eligible members on or after 1/1/2020 no longer have the option to enroll in a Medigap Plan C or Medigap Plan F. All other plans are still be available for purchase. Anyone enrolled in a Medigap Plan C or Medigap Plan F as of 12/31/2019 was able to continue with their plan as long as wanted. This means that if you currently have a plan F, you are able to keep it.
In other words, if you turned 65 before 2020, then you will be able to enroll in Plan F. If you didn’t, then unfortunately you won’t be able to purchase it.
When it comes to Medigap beneficiaries under 65, whether or not you are able to enroll depends on when you became Medicare eligible, just as stated above. If you became eligible before 2020, then you can enroll in Plan F, depending on your state.
Which Medigap Plan Should You Choose?
While there are definitely some Medigap plans that are more popular than others, your choice will depend on your personal circumstances like health condition, the area you live in and of course the cost of Medicare Supplement plans.
By the way, Medicare has released how it is covering Coronavirus. You may want to check it out. For further questions please call 800-930-7956.