A Quick View of Medicare Supplemental Plan F

Medicare Supplement Plan F was the top-selling Medicare supplement plan for many years.  This plan has been closed to people turning 65 after 1-1-2020, and has been replaced by Medicare Supplement Plan G.

For seniors who currently have Plan F, you are “grandfathered” and are able to keep this plan for a lifetime!  Plan F is the only plan that pays 100% of what Medicare does not pay.  We urge all our clients to keep this plan if it fits “comfortably” in your budget. If you feel the premium is getting a bit uncomfortable, you can get a lower cost Plan G, N or Advantage plan. Please notify us and we can help you easily change plans and/or insurance companies.

Summary of Plan F

At age 65 Medicare became your basic health insurance coverage. There are two essential parts to Medicare –
Part A and Part B.

  • Part A covers hospital and skilled nursing facility costs
  • Part B covers physician services, diagnostic tests and surgical expenses

With Medicare there are gaps in coverage (deductibles and coinsurance). These are costs you need to pay if you don’t have supplemental insurance for Medicare. Some of these expenses can be quite large. Supplement plans for Medicare act like an umbrella to protect you from those Medicare gaps in coverage by paying those extra costs for you.

With the bestselling Medicare Supplemental Plan F, your costs for health care will be zero! Let me say that again, Medicare Plan F ensures that you have no additional medical costs. And the premiums for supplemental Medicare plans are much smaller than a premium for a comparable plan for the under-65 market ($1800/month)