After January 1st 2020, the Medicare Access and CHIP Reauthorization Act (MACRA) changed Medicare Supplement plans in all states, in particular who can buy Medigap Plans F, High F, and C. As of 2020 only beneficiaries that do not fall into the category of “newly eligible” will be able to keep Plan F, High F and C.
Why Medigap High Deductible G?
Since Plan High Deductible F cannot be purchased by those newly eligible Medicare recipients, Plan High Deductible G will become a new option. Plan High Deductible G is accesible as of January 1, 2020. Both newly eligible Medicare recipients and current recipients have the chance to purchase this new plan.
What is Medigap High Deductible G going to cover?
Members of the new High G Medigap will have to satisfy a high deductible of $2340 before all the benefits of traditional G are covered. This plan has the same benefits as a traditional Plan G.
MACRA 2020: which plan should I buy now?
You want to choose the plan that best addresses your issues now and later on. Most of our clients rely on Plan G for their best short and long-term solution but this may not be your case. You can get a quote and enroll in Medigap Plan F and G here. Should you want to discuss your specific case, don’t hesitate to give us a call at 800-930-7956.
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