I'm going to talk about the changes that are coming to Medicare for 2020 and if you're
about to come into Medicare or you're already a Medicare it's important to understand these
changes so stay tuned okay so let's talk about the changes that are coming to Medicare in 2020
and it's likely you've heard something about it that things are gonna change in 2020 I can promise
you you're going to hear things about it because they're gonna be certain entities that promote
the change that look for you to take action on this change and the good news is it really does
not affect very many people at all so there are some changes but it's not likely going to affect
you so I'm going to show you exactly what it is that you understand it so that way there's no
mistakes or anxiety going into 2020 on something you might or might not need to do so it's actually
pretty simple so if you did hear about it in 2015 they passed an act called macro and what that's
going to do it's going to eliminate some Medicare supplement plans as choices so right off the bat
we're talking Medicare supplements so Medicare Advantage really isn't affected at all by this
it's simply a couple of Medicare supplement plans that are not going to be eliminated they're not
going to be they're not going to disappear they just won't be available for new choice for people
that turn 65 or become Medicare eligible after 2020 so if you're already on one it really doesn't
affect you but we're going to talk about that as well on some things you might want to consider
because of the change in how it's gonna work so let's understand this pretty clearly exactly
what it's going to be and again nowhere near as complicated as they're gonna make it out to me
it's absolutely pretty simple stuff so the changes will be as of January 1 2020 newly eligible
Medicare recipients meaning you turn 65 after January 1 2020 you will not be able to choose
Medicare supplement plan see Medicare supplement plan F or Medicare supplement plan FA and that's
the entirety really of the change so let's break it down a little bit Plan C almost never comes up
in conversation anyway so really you don't have to worry about Plan C plan F play enough for a
long time was kind of the Cadillac of Medicare supplement plans it covers 100% of everything
but the problem was it had a much higher premium than it should so very rarely these days do people
choose Plan F anyway and I can tell you the thousands of people that I have helped with
Medicare supplement coverage across the country I'll be shy I absolutely would have less than
five that are on plan F and they would be on it only for very specific reasons so Plan F is not
a good choice anyway now Plan F HD is Plan F with a high deductible you may or may not have heard of
it I have a video specifically on f HD and it has a high deductible of $2,300 deductible but it does
play into a certain part of the country so it is a good option in certain areas where premiums are
much higher than in other areas and I'm going to tell you a little bit more about what's going to
replace that in just a second but back up to plan F Plan C if you're currently on F or C or F HD
you don't have to do anything there's it's not changing from under you it's just changing the
people after 2020 being able to choose it now that being said if you're on plan F for Plan C I would
absolutely recommend that you do a comparison I'm happy to do it for you we'll look for a better
option and going forward it's just a better idea if you can get off the plan F it's probably a good
idea to get into G or get into N and then that way it just simplifies things down the road now
F HD a little bit different if you're on fhd because it's got that high deductible I don't
personally really feel that it's going to have any drastic impact that new blood so to speak won't be
coming into F HD because it's a pretty solid plan because of the high deductible that's what kind
of stabilizes rate increases and things like the more out-of-pocket on the consumer side the more
predictable claims are from the insurance side so I'm totally totally comfortable with stain on fhd
again if you're healthy and to change from any of these to another one if you're already in Medicare
you have to get through medical underwriting so you got to be in pretty good health to change if
you are in pretty good health it's probably a good idea to take a look and let us see if it
makes sense or not make sense so just give me a call or send me an email or visit my website and
we'll do that comparison for you and if it makes sense then we'll look to change if it doesn't make
sense then we'll be happy where we are so it's it's all about what really makes sense so what's
going to become of plant fhd it's going to become plan G HD so it's going from F high deductible to
G high deductible and the only difference will be the name it'll have exactly the same benefit
as fh d going into g HD they'll have the same high deductible we don't at this point have a
deductible number for 20/20 but right now it's 2300 it'll likely go up a little bit in 2020 but
whether it was F HD or g HD really doesn't make any difference so that is really all the change
so you're gonna see a lot of marketing come closer to 20/20 on all these changes and you better call
us and what they're trying to do is change you into something different so don't let that happen
unless it needs to happen and again come 20/20 the choices are going to be pretty much plan G
planning or plan G HD and I'll make a video very soon on g HD I've got a video on fhd you know I
could again I could just change and cross out the F and put a G and it's the same video but
I'll make a specific video on G HD and then plan G and plan in their specific depends on the part
of the country and your zip code and the pricing on what makes sense where you are so we're gonna
see a little more gravity going into plan n but plan G is still a great choice and it's
just finding the right one where you are so when it is time to come in to Medicare or if you're
already into Medicare you know let us help you figure it out and any and I've helped thousands
across the country and I'm happy to help you do it and we will do what is right in your situation
so whether you're in Washington State or Maine or Ohio or Illinois happy to help easy to do and
and we just try to make things simple for you so that's exactly what we want to do so I hope you
found this helpful those big changes that are coming in 2020 aren't so big and it just makes
it easier that we understand what they are so we don't have any confusion or any surprises going
forward so that's exactly what I want so I hope you found this helpful I'm gonna give you some
information now on my website and all the stuff you can find on my website so I hope you'll take
advantage of that so stay tuned I'll tell you about my website have a great day I hope you
found this video helpful and I'm certainly always happy to help with any questions any issues that
arise and they always do so feel free to give me a call or send me an email you'll certainly want
to visit my website I have a tremendous amount of information there for now and in the future
so just visit Medicare on video comm right in the middle you'll see is where you get a quote for a
Medicare supplement plan and this is obviously what I do for a living is I help people make
sure that we get the right plan at the right price with the right company whichever zip code you're
located in so you certainly want to run a quote on a medicare supplement plan you can also get
a free discount prescription drug card and I get really good feedback on this so you might as well
go ahead and download a prescription drug card and it's likely gonna save you some money at the
pharmacy while you're there you want to go into the Resource Center the Resource Center tab is
going to drop down and what you'll find is guides and forms where I have pretty much any piece of
information that you need for Medicare right here so if you need something like the employer form
where you're going to retire and you're coming into Medicare and your employer needs to fill this
form out you can download it right on my website and then email it to your HR department get them
to fill it out so that you'll have it when you need it and you can also get a copy of my book
so you can download a copy of Medicare made clear and I cover just about every topic in Medicare so
it's great thing to have your iPad or on your computer whatever it may be for now and again
in the future certainly very helpful to have now you're also in the resource center find the video
librarian if you click on video library takes you right to my YouTube channel where I have over a
hundred videos on pretty much everything Medicare so now we've got so many it's kind of hard to find
what you're looking for but if you're looking for something specific just use the magnifying glass
at the top put in whatever topic you're looking for and it'll bring up the videos that relate to
that topic so it makes it easy to find exactly what you're looking for so I'm happy to help
with any of it and obviously I'd appreciate it if you allow me to help you with your medicare
supplement plan that's what keeps this whole thing going and I'm happy to do it and we will make sure
that you get it right from the start so I hope you found all this helpful and have a fantastic day