Always choose the best Medicare supplement plan that fits comfortably in your budget.
When you turn 65, join Medicare, and get supplementary coverage, you are buying health insurance for the rest of your life.
You have six months from your 65th birthday in which to apply for a Medicare supplement or Advantage plan. You will not need to answer questions about your medical history. NONE during these first six months.
If you want to want to change your plan after you reach 65-1/2 years or older, you may be required to answer MEDICAL QUESTIONS to verify good health. You can be declined for a variety of medical conditions. This applies to Medicare Advantage plans after the first year on the plan.
If your financial situation changes in the future, you can ALWAYS downgrade to a lower cost plan.
Plan F —>Plan G —> Plan N —> Advantage Plan
But if you start with a lower cost plan, you cannot upgrade to better coverage without your medical history being examined. You can be declined when you most need a plan with good benefits.
For people born after 1-1-1955 the best Medicare supplement plan is Plan G. If it fits comfortably in your budget, select this plan.
For people who were born prior to 1-1-1955, Plan F is the best plan. If it fits comfortably in your budget, you should keep it. If not, you can change to a lower cost Plan G, N, or Advantage plan.