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Re: sts66 post# 152745

Friday, 10/26/2018 2:11:17 PM

Friday, October 26, 2018 2:11:17 PM

Post# of 426512
Note regarding Medicare supplement plans:

Once you select a level of plan, say an Advantage plan. you can never upgrade to a better level. I have a plan F, only because I selected it when I first enrolled, and then only because my b-i-l had researched for himself and told me about it. So if anyone is approaching Medicare enrollment age, investigate before deciding. Yes, I pay more each month than an Advantage plan costs, but I have no medical copays and no Part B deductible. Plan F is a PPO - I can see any medical professional who accepts Medicare as primary. I can relax because if I should require extensive and extremely expensive hospitalization, I'm 100% covered and my family will not be burdened a bit. I'm in good health but even routine items, like monthly labs (transplantee) could more than make up the difference between an Advantage plan and a Plan F in terms of monthly cost. Plan F is a fixed cost plan with an age escalator and an inflation escalator. With the letter plans A-G you probably also need a Part D drug plan as drugs are not included like they are with Advantage plans.

Key thing to consider before enrolling in Medicare is not your state of health now, but what it could be down the road. The choice you make is binding. You can downgrade plan level but not upgrade.
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