Plan N Medicare Supplements have started taking off . Because the new plan has a co-pay for doctors visits and emergency room treatment , the premiums are 15-30% lower than a Plan F with the same basic benefits.
If you are healthy and don’t make regular visits to a doctor or specialist , a Medicare Plan N can make great sense. If you only visit the doctor now and then, the money you save on premiums easily offsets the $20 copay to visit the doctor . Even if you go to the emergency room, if you are later admitted to the hospital the $50 ER copay is waived.
Guaranteed Issue On Medicare Plan N
A big plus for our clients is that one of our preferred companies is offering guaranteed issue on their Plan N . This means, you can switch right away without any worries of going through the health underwriting procedure.
In addition, the time it takes to get your policy issue is faster than other plans since you don’t have to wait on an underwriter to do heatlh related research . You can apply for your new policy right online or by phone with one of our medicare insurance specialists, and relax.
Many new clients are asking us why Plan N was developed . In our opinion it it offers a great alternative to people who are attracted to the lower premiums of Advantage plans. Although Advantage plans are usually cheaper than current Medicare Supplement policies , an Advantage plan has restrictive networks and ofter has copays or deductibles for certain services.
A Plan N supplement has the lower premiums people are looking for , but like all other medicare supplements, there are no restrictions about which doctor you use, all they have to do is accept the basic Medicare payments (about 99% of them). You never have to worry about your doctor being “out of network” or any surprises on deductibles.
All you ever pay for your medicare care is your Plan N premium and the $20 doctor visit copay. If the medicare reimbursed charge is less than the $20 you only pay the actual amount. So you visit may actually cost less than $20 .
If you have any question about Plan N Medicare Supplement rates or would like to get a quote, just contact one of our medicare insurance specialists. They would love to go over all the details with you.