2020 Medicare Supplement, known as Medigap Congressional Changes:
No New Plans C and F having negative effects on rate increases.
MedicareLive Podcast w/ Kerby Deluorier, a Licensed Medicare Supplement Specialist in over 40 states
There may be some negative effects due to the looming Congressional change to first payor Medicare Supplement Plan C and F
Listen in to Kerby and I as we discuss the congressional change clickhere
Learn what the Congressional change means for your Medigap plan.
As of 2020, Medicare Supplement plans (Medigap) will no longer sell new Medigap Plan C or F. Congress has decided that new Medigap plans will no longer be allowed to cover the Part B deductible after January 1, 2020. This will only affect plans C and F and will only impact certain beneficiaries as explained below.
How is Medicare Changing in 2020?
Congress believes that by requiring all Medicare members to pay their part B deductible this will reduce medical overuse. Since Medigap Plans C and Medigap Plan F* are the only plans that cover the part B deductible, they will be the only plans affected by this change.
Who is Impacted by the 2020 Medigap Change?
New enrollees on or after 1/1/2020 will no longer have the option of Medigap Plan C or Medigap Plan F. All other plans currently available should still be available for purchase. Anyone enrolled in a Medigap Plan C or Medigap Plan F as of 12/31/2019 will be “grandfathered” and able to continue with their plan as long as want. So if you currently have a plan F you will be able to keep it.
Which Medigap Plan Should You Choose?
We recommend that you select the best plan based on your:
2) Unique health needs
3) State specific laws.
Please contact us and a licensed medicare supplement agent can help you with this process.
*Please Note: Medigap Plan F includes Medigap Plan F High Deductible
For further questions please call (888)608-0654.