If you’re a Medicare beneficiary interested in getting help with your medical expenses, it’s a good idea to check into Medicare Supplement Plan G in South Carolina. Medicare Supplement insurance plans help cover out of pocket expenses such as Medicare Part A coinsurance and durable medical equipment.
Medicare Supplement Plan G in South Carolina even features foreign travel emergency benefits (up to plan limits). Here are the details on this increasingly popular Medicare Supplement plan.
What is Medicare Supplement Plan G in South Carolina?
Medicare Plan G is a private health insurance plan that covers the gaps left after Original Medicare (Medicare Part A and Part B) pays its share.
- Swiftly rising to the top in popularity among the 10 standardized plans
- Offers the most benefits to seniors new to Medicare after Jan. 1, 2020
- Except for Part B deductible, fills in coverage gaps (coinsurance and foreign travel expenses, for example) to Original Medicare
More than 1.1 million South Carolinians (21%) receive Medicare benefits:
- Seniors opting for Original Medicare: 75%
- Seniors opting for Medicare Advantage: 25%
- Number enrolled in Medicare Supplement insurance plans: 276,067
- Number who have Plan G: 62,199
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 South Carolina.
Medicare 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 South Carolina.
What is the Plan G Deductible in 2021?
Medigap Plan G has no deductible. You are responsible for paying the Medicare Part B deductible, which for 2021 is $203.
What is the Monthly Premium for Medicare Supplement Plan G in South Carolina?
Medical Supplement insurance companies use three pricing methods to determine rates:
- Attained Age: Premiums relate to your current age.
- Community-Rated: Age doesn’t matter.
- Issue Age: Your age when you buy Medigap Plan G determines your premium.
In addition to pricing method, insurers take into account age, location, and other demographic information. Here is a sample of Medicare Supplement Plan G rates in South Carolina for a nonsmoking, 65-year-old female:
- Spartanburg 29301 $112.63 $96.29-$145.44 6 insurers
- Conway 29526 $123.70 $104.96-$163.97 6 insurers
- Charleston 29401 $133.45 $103.91-$179.94 7 insurers
When can I enroll in Medicare Supplement Plan G?
Medicare Plan G does not have an annual enrollment period like Medicare Advantage and Part D plans do. While you can enroll at any time, the insurance company can require you to undergo underwriting.
The best time to enroll in Medicare Supplement Plan G in South Carolina is during your Open Enrollment Period:
- A six-month period that starts when your Medicare Part B takes effect
- You’re at least 65.
During your OEP, you have guaranteed issue rights:
- Insurance companies can’t deny you coverage.
- Insurers can’t charge you more because of pre-existing health conditions.
You have guaranteed issue rights in several other situations:
- Your Medicare Advantage Plan leaves your service area.
- You have Medicare benefits through disability and you turn 65
- You retire from an employer health insurance plan
Other circumstances trigger guaranteed rights. Our agents can help you determine if your situation fits one of the special enrollment periods.
Once you’re enrolled in Medicare Supplement insurance Plan G in South Carolina, your policy is automatically renewable as long as you pay your Medicare Part B premium.
What Is the Difference Between Plan G and Plan G With a High Deductible?
The only difference is the yearly deductible. The benefits for high deductible Plan G and Medicare Plan G are the same.
What is the Best Medicare Supplement Plan G in South Carolina?
Medicare Supplement insurance Plan G in South Carolina is regulated through the Federal Medicare Program. It has the same benefits regardless of which company sells the plan. The only difference is price. Here’s what you need to consider when shopping Medicare Supplement insurance companies:
- Customer Service: Do they respond promptly when you call?
- Size: Does the company have a long history in the health insurance field?
- Financial Stability: Do they have the capital to pay your claim?
Our Company Recommendations
While our insurance agency can offer Medigap Plan G from nearly any company, we prefer the following companies based on the above criteria:
- Mutual of Omaha (A+rating)
- Aetna (A)
- Cigna (A)
Which is better, Plan F or Plan G?
How are Plan F and Plan G Different?
- Benefits: Plan F pays the Part B deductible. Medicare Supplement insurance Plan G in South Carolina does not.
- Eligibility: For those eligible for Medicare after Dec. 31, 2019, only Medigap Plan G is available.
Is Plan G Cheaper than Plan F in South Carolina?
Medicare Plan G rates are cheaper than Plan F. Here’s a comparison for a female 65-year-old nonsmoker in Spartanburg:
- Plan G: $112.63 $96.29-$145.44 6 insurers
- Plan F: $150.76 $116.45-$201.85 7 insurers
Which should I choose?
If your Medicare eligibility date is before Jan. 1, 2020, you can choose either plan. Plan options are nearly identical between Plan F and Medicare Part G. It’s worth it to compare policies to see if the monthly premium savings with Medicare Supplement insurance Plan G in South Carolina outweigh the cost of the Part B deductible. Our insurance agents are happy to provide you with Medicare Supplement plan quotes.
What is the Most Popular Medicare Supplement Plan in South Carolina for 2021?
If your Medicare eligibility date is Jan. 1, 2020, and after, Medicare Plan G provides you the highest level of coverage for out of pocket costs.
- Rapidly becoming the most attractive option for those new to Medicare
- Offers great value for the cost
- Provides access to any doctor, whether they accept Medicare assignment or not
- Brings peace of mind because it fills all coverage gaps except for the Part B deductible amount
Frequently Asked Questions about Medigap Plan G
Full Medicare Supplement Plan G Benefits Chart
Does Plan G cover prescription drugs?
Plan G coverage does not include prescription drugs. If you want prescription drug coverage, you’ll have to apply for a Medicare Part D drug plan.
Does Plan G cover the Medicare Part B Deductible?
No. Effective Jan. 1, 2020, no Medicare Supplement plan covers the Part B deductible.
Does Plan G cover Medicare Part B Excess Charges?
Medicare Part B excess charges is the amount a doctor who doesn’t accept Medicare assignment is allowed to charge over and above Medicare’s approved amount. Medicare Supplement Plan G covers excess charges, which frees you to seek care from any health care provider.
Does Plan G cover the Medicare Part A Deductible?
The Part A deductible, as well as Medicare Part A coinsurance, is covered under Medicare Supplement insurance Plan G in South Carolina.
Is Plan G worth it?
Plan G is worth it because it covers all of the out of pocket expenses related to medical services except for the Part B deductible.
What is the difference between Plan G and N in South Carolina?
Medicare Supplement insurance Plan G offers more protection than Plan N. Here are the differences:
- Copayments: Plan G has no copays. Plan N has copayments for emergency room and office visits.
- Medicare Part B coinsurance: Medigap Plan G covers 100% upfront. Plan N pays 100% after you pay the copays.
- Excess charges: Medicare Plan G covers excess charges. Plan N does not.
Does Plan G cover dental?
Medicare Plan G does not cover routine dental services such as cleanings or fillings.
What is Medicare Part G?
There is no such thing as Medicare “Part G” however, Medicare Supplement insurance Plan G in South Carolina is an insurance plan that supplements your Medicare benefits. Its coverage ranges from Medicare Part A coinsurance to up to $50,000 in foreign travel emergency benefits.
Does Plan G cover Silver Sneakers?
Certain insurance companies in South Carolina includes Silver Sneakers in its benefits package.
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.