If you are looking for insurance plan options to reduce your out of pocket expenses with Original Medicare, here’s the scoop on Medicare Supplement Plan G in California.
What is Medicare Supplement insurance Plan G in California?
Over half a million Californians have a Medigap plan, and thousands of them count on Medicare Supplement Plan G in California to fill in their Medicare coverage gaps.
Here are some reasons why Medigap Plan G is so popular in the state:
- Medigap Plan G has the highest level of benefits of all 10 Medicare Supplement Plans (A, B, C, D, F, G, K, L, M, and N) available for those new to Medicare as of January 1, 2020.
- Plan G coverageincludes copays for the Medicare approved amount covering medical expenses like medical services and medical equipment.
- Medicare Supplement Plan G in California covers your out of pocket expenses like coinsurance and copayments that Original Medicare doesn’t, apart from the Medicare Part B deductible.
- Medigap Plan G coverage also includes any Medicare Part B excess charges, the first three pints of blood in a procedure, and up to 50 000 in foreign travel emergency benefits.
- The Medicare Supplement Plan G with high deductible has the lowest monthly premium of all other Medigap plans.
What Does Medicare Supplement Plan G Cover?
Original Medicare pays for a lot when it comes to your healthcare. On top of the Medicare-approved amounts that are covered by the Federal Medicare program in the United States, you can enjoy having these additional Medicare benefits covered if you sign up for Medicare Supplement Plan G in California.
But here’s what Medigap Plan G will cover:
· Initial pints of blood
· Medicare Part A deductible
· Medicare Part A hospital costs
· Part A expenses
· Part A hospice care coinsurance
· Skilled nursing facility care
Benefits also pay these Medicare Part B costs:
· Charges over the amount Medicare allows – “Part B Excess Charges”
· Durable medical equipment
· Foreign travel emergency care (lifetime plan limits apply)
· Medicare Part B coinsurance and copays
Be advised that the Part B deductible will not be covered by Medigap Plan G in California.
What is the Plan G Deductible in 2021?
The deductible for Medigap Plan G is $203.00 in 2021.
What is the Monthly Premium for Medicare Supplement Plan G in California?
Your location, your insurance agent, and how the insurance company rates premiums are factors that determine your monthly Medicare Supplement Plan G rates.
In the California service area of the 90011 zip code, a 65-year-old female, non-smoker would find the following plan options and monthly premiums:
- Medicare Plan G with the Medicare Part B deductible, costs on average $155.24 per month.
- Medicare Part G plan with a high deductible option includes out of pocket expenses of $2370.00 for the annual deductible. Medicare Supplement plan quotes average at $62.22 per month.
Depending on the insurance agency and the plan, you may also be responsible for your Medicare Part B premium separately.
Another factor that influences your monthly costs are how insurance companies rate their premiums:
- Community-rated: Each Medicare beneficiary pays the same monthly premium for the standardized plan. These premiums are not based on age, but they might increase because of inflation or other factors.
- Issue-age-rated: Premiums are based on age at the time of purchase. Medicare Plan G rates are lower for younger beneficiaries. Premiums do not increase as you get older, but can go up for inflation or other reasons.
- Attained-age-rated: Medicare Supplement insurance companies rate premiums according to attained age, and increase with the years. They may also be affected by inflation and other factors.
When can I enroll in Medicare Supplement Plan G?
1. At the age of 65
When you enroll in Medicare Part B, you can also enroll in a Medigap plan. Do so during your Open Enrollment Period (OEP), the six-month period beginning the month of your 65th birthday, to avoid penalty or underwriting.
2. Older than 65
You don’t have to enroll in Medicare at 65 if you have equal coverage. Later, when you enroll in Medicare Part B, your OEP begins, and you can sign up for Medigap.
3. Dropping a Medicare Advantage plan and returning to Medicare
During your initial 12 months with Medicare, if you have Medicare Advantage, you can return to Original Medicare during those 12 months. When you switch back, you can buy Medicare Supplement insurance.
The Annual Election Period (AEP) doesn’t count for Medigap enrollment. During AEP, you can join a Medicare Advantage plan with, or without, prescription drug coverage. During AEP you can also purchase a stand-alone Medicare Part D drug plan.
What Is the Difference Between Plan G and Plan G With a High Deductible?
Medicare Supplement insurance Plan G in California, both standard and high deductible, offer the same coverage. The difference is the monthly out of pocket costs.
- Medicare Part G enrollees only pay Medicare Part B deductible.
- Medicare Plan G with high deductible enrollees pay the annual deductible of $2370.00 (2021). Because of this, high deductible Plan G has lower premiums.
What is the Best Medicare Supplement Plan G in California?
Each of the 10 Medigap policies are standardized by their letter. Every Plan G has the same coverage. The difference is in the premium price.
What to think about when choosing an insurance agency:
- Customer service: Choose someone you can depend on when you need help.
- Size matters: Larger companies with long-term stability are more reputable.
- Financial strength: Because the company must pay claims, their assets must be strong.
Which insurance companies we recommend:
- Aetna rated 4.0
- Mutual of Omaha rated 4.0
- Cigna rated 4.0
- Florida Blue Cross Blue Shield (for Florida Residents)
Which is better, Plan F or Plan G?
What are the differences between Plan F and Plan G?
Medicare Supplement insurance Plan F pays the Part B deductible amount of $203.00 (2021). Therefore, Plan F provides the most coverage of all Medicare Supplement insurance plans for people new to Medicare as of January 1, 2020.
Is Plan G Cheaper than Plan F in California?
For a Medicare Supplement insurance Plan G in California, the average premium is 155.24. Together with the annual Part B deductible, the total monthly expense would be around 172.24.
In comparison, the U.S. average Plan F premium is $180.00 which is slightly higher than Plan G.
Which should I choose?
Your eligibility for Medicare benefits may dictate which plan you choose. For newly eligible Medicare enrollees after January 1, 2020, Medicare Supplement insurance Plan G in California gives you the highest level of benefits of any Medicare Supplement plan.
If you were eligible for Medicare before January 1, 2020, but didn’t enroll, you can still sign up for Plan F. When you compare the costs of both plans, you can choose which one is better for you.
What is the Most Popular Medicare Supplement Plan in California for 2021?
Medicare Supplement Plan G in California is rapidly growing in popularity amongst people who are newly eligible for health insurance coverage under the Federal Medicare Program.
These are five reasons that is true:
- Of all Medicare Supplement plans available for new enrollees, Medicare Supplement Plan G covers the most benefits.
- Medicare Plan G has high value when comparing benefits received versus the cost of the plan.
- There are no network limitations, so you can visit any doctor in the U.S. who accepts Medicare. Plan G also pays your Part B excess charges if the doctor does not accept Medicare.
- Plan G fills in all Medicare Part A and Part B gaps except the Part B deductible, making it a more reliable plan.
- Plan G has Guaranteed Acceptance Coverage. which means there’s no insurer underwriting when you sign up during your Open Enrollment Period.
Frequently Asked Questions about Medigap Plan G
Full Medicare Supplement Plan G Benefits Chart
Does Plan G cover prescription drugs?
No, Medigap plans do not have coverage for prescription drugs.
Does Plan G cover the Medicare Part B Deductible?
No, Plan G does not include coverage for the Part B deductible since January 1, 2020.
Does Plan G cover Medicare Part B Excess Charges?
Yes, Medicare Part B excess charges are included in Plan G coverage.
Does Plan G cover the Medicare Part A Deductible?
Yes, Plan G covers the Part A deductible
Is Plan G worth it?
Medicare Supplement insurance Plan G in California has the highest level of benefits for newly eligible Medicare enrollees.
What is the difference between Plan G and N in California?
Plan N covers the Part A deductible, inpatient copays and coinsurance. However, enrollees are responsible for paying copays of $50.00 before coverage starts. Also, Plan N does not cover the Part B copay.
Does Plan G cover dental?
Some Medicare Supplement insurance providers offer separate plan options for dental care.
What is Medicare Part G?
Commonly confused with Medicare Part G, Which does not exist, Medicare Plan G fills gaps like Medicare Part A coinsurance, Medicare Part A deductible, Medicare Part B coinsurance, foreign travel up to plan limits, and more.
Does Plan G cover Silver Sneakers?
Some companies offer Silver Sneakers fitness memberships to enrollees of Plan G.
Ready to Learn More?
My Medigap Plans is a rapidly growing resource for Medicare beneficiaries. We specialize in educating consumers on their options and guiding them through the process of plan selection. We work closely with some of the nations top rated carriers such as Aetna, Cigna and Mutual of Omaha. Compare our list of the 10 Best Medicare Supplement Insurance Companies or take a deeper look at the plans by reviewing our Medicare Supplement Plans Comparison Chart. Learn more or about Medicare Part D Prescription Drug plans, or request a Medicare Supplement Plan Quote.