Here is a question that comes up regularly among Medicare subscribers and those looking into buying a Medicare plan: “What are the best Medicare supplement plans for 2018?” The answer might surprise some of them.
Simply put, you can’t call any of the supplement plans the “best one”. It’s not a label that fits, because each one serves a different purpose. You have Plan F that offers full coverage, but it is also the costliest plan. So those that have a lot of coverage needs may find it worth their money, but people with few coverage needs and few medical bills left to pay after using Medicare will not get much use out of it. It would be a waste of money to them. So for someone, Plan F is the best plan, no doubt about it. But for many more, it simply isn’t a good use of their money.
The Medicare supplement plans are categorized into two groups- high and low-coverage plans. Plans like F, G and N all offer substantial coverage. These are the high-coverage plans, and they will cost you the most. The other plans are all ones that fall into the low-coverage category. They don’t offer as much coverage, but they cost much less.
You can find them all at a variety of prices. There is no set market price for Plan N. AARP has it for one price, and Aetna has it for another. Then, when you go somewhere else in the country. AARP has the same plan at a different price. The rates vary due to the cost of living, local competition and other factors.
The Medicare supplement plans cover a lot of ground. These include coverage for all of the following:
- Deductibles for all parts of Medicare
- Copayments for all parts of Medicare
- Excess charges for Medicare Part B
- Hospice care
- Emergency care in foreign countries (when it would be best for you to receive treatment outside the US)
- Nursing care
- More blood every year
So while Medicare’s basic plan may already cover bits and pieces of some of these items, the supplement plans add on even more coverage for them. They lower your medical costs and making healthcare more affordable for you.
Not all of these plans cover all the same items though. Plan F covers the entire list up above. But Plan N takes a few items away, only covering most of them. You’ll have to look through all of the ten plans yourself to see which one offers the coverage you are looking for.
You can tell how much coverage will be right for you by looking at your own medical needs and coverage needs. You have to determine what amount of coverage makes your medical bills manageable, and you have to do it with the thought in mind that you will be paying for that extra coverage. So leverage the cost of the insurance against the cost of the medical bills and try to go with the cheaper option.
Essentially, you want to try to cover the most expensive medical costs that you are likely to accrue, and you want to do it using one of the supplemental plans. You may want to consult with your doctor or with an insurance agent to figure out the right plan for you. Remember that there isn’t a best plan for everyone, and your choice could be very different from what someone else chooses. But you can still be picking the best plan for you.
The Best Rates on the Best Plans
Earlier, we talked about the question: “What are the best Medicare supplement plans for 2018?” But what you should be asking yourself is what the best supplement plan is for you. The answer will be different depending on your financial and medical situation. Whatever plan you decide will be a good fit for you, you ought to choose the lowest possible rate for that plan.
Each company sets rates on their own. Medicare has nothing to do with rates, only coverage. So you’ll want to look for as low rates as you can find. Our site is designed to help you do just that.
We can get you quotes for whichever supplement plan you want. You don’t have to do hardly any work in order to find out who has great rates on these plans. You can just type in which plan you want and where you are at. Then we search for rates on that plan. We don’t just search for the one best rate. We give you some options. That’s useful in case you like one company’s rates but you don’t actually like the company. Or perhaps you don’t know the company very well, and you don’t want to go with an unknown.
We can help you see what several companies are charging for their plans. We do that by sending quote requests directly to several sites at once. When their answers come back, we present them to you so you can decide for yourself which company to choose to buy a supplement plan from.
Using our site, which is free of charge, you can compare rates between insurance companies on the same plan. You could end up saving hundreds of dollars a year, just by using our simple quote generator.
We can take you through the entire signup process too. You can find out what the plans are all about and get into specific coverage details on each of them through the resources on our site. We can also connect you to insurance companies selling the plans you want at a good price. You don’t have to go anywhere else to find the supplement plans you want at a great price.
If you want to save money and get the best rates on the best Medicare supplement plans for 2018, then come see us. We will make sure you find the best plan and that you don’t overpay for it. It’s never been simpler to get great rates on the coverage you need.
Find Best Medicare Supplement Plans for 2018
Enter Zip Code