there are a lot of rumors out there that Medicare's beloved plaintiff is going away
could it be true I'm gonna tell you everything that you need to know so stay tuned so there are
a lot of rumors out there there's a lot of talk on the street is Medicare supplement plan F going
away I'm gonna tell you exactly everything that you need to know I'm Keith Armbrecht I'm founder
of Medicare on video and I help people across the country make the right Medicare choices and I can
absolutely help you as well now also important to know is it doesn't cost anything go allow me
to help you whatever insurance carrier we end up figuring out is best for you they pay me some to
be your service agent not only now but in the future so it's good to have that resource there
in the future so when anything comes up you've got somewhere to go and we can get help pretty
much immediately now I'd also ask if you find this video helpful very helpful to me if you subscribe
to the channel it'll give you access to all my videos and give you updates as they come along
but it also tells you too that it's valuable and they put it in front of more people that need
the information so take just a minute subscribe to the channel and that way you'll always have
access and updates when they come off so here we have this poor gentleman who looks like his kids
just dropped him off at the nursing home and he's waving goodbye to his plan out so we don't want
any more bad news for him so I'm gonna explain to you exactly how it works and it's really not
that bad and for him he'll be grandfathered in so his plan F will not be going away he'll
be able to keep his plan out and I'll show you exactly how all that functions so pretty simple
on how it works is Plan F going away and the short answer is kind of so it depends on the
situation so I want to make it crystal clear so that you don't have anybody trying to sell you
into something that you don't understand because that's what something like this does it creates
disruption and people take advantage of that to market things that aren't necessarily the right
so with this change it's all going to revolve around a date and that date is one-one 2020 so
January 1st 2020 is when this change happens so let's understand exactly what the change is and
that way if somebody calls you you can tell them exactly what's going on so very important so it
all is based around when you become Medicare eligible and for most people that means when
you turn 65 so most people when they turn 65 their Part A starts whether they need it or not whether
they're still working most of the time it starts when you turn 65 that makes you Medicare eligible
so it means if you turn 65 before January 1st 2020 then you are grandfathered in so that's
where the line is going to be drawn so if your Medicare eligible and again again some people
don't necessarily have their part a start so they might become Medicare eligible after 1/1 2020
so just understand that's the triggers when you become Medicare eligible so before 1/1 2020 you
would still have Plan F as a choice even though these days F is not really the best choice if
you're on F now probably a good idea to go to G anyway you'll save more money than the difference
in the deductible and that's just a different conversation that I'd be happy to discuss with
you you would also have Plan F high deductible as a choice if you're medicare eligible before
1/1 2020 now if you become eligible after 1/1 2020 so in other words you turn 65 in February of 2020
or later then Plan F is no longer available as a choice and again it's okay plan G is generally
a better option because you will save more in premium than the deductible which is the
difference between F and G and again I'm happy to have this conversation and more detail with
you just give me a call send me an email and it's super easy to figure out and we'll make sure that
you get the absolute correct plan that you should because it's important to get all your pieces in
the right places it's too big of a deal to mess up so we want to make sure we get it right so
just give a call or send an email happy to help and then plan G if your medicare-eligible after
one one 2020 it turns into plan GH d instead of plan f HT and they're exactly the same the only
difference is the F before the HD or the G before the HD so again no real major disruption no real
reason to make a massive change and no reason to worry about any of it so come one one 2020 plan F
is unavailable if you're medicare eligible after one one 2020 plan F HD is also unavailable plan
G becomes the highest option which is a great option so it's not an issue to have plan G as
the best option there's only in 2020 it's got a hundred and ninety seven dollar deductible and
then it pays 100% the rest of the year I can guarantee right now you've got a lot more than
hundred ninety seven dollar deductible whatever health insurance you may have so plan G also then
becomes the guaranteed-issue choice so it's kind of a different scenario where if you're already
in Medicare and you're on let's say a Medicare Advantage plan and they close up shop or they
leave the area and they leave you high and dry like happens quite often with Medicare Advantage
plans then you have what's called guaranteed issues so you can pick a medicare supplement
plan at that point without any medical questions but G would be your choice so you don't have any
real options it's just going into plan G and then plan GHD replaces plan f HT again exactly the same
just g HD vs f HD so not all that complicated it's a grandfathered deal based on the date of
1/1 2020 and again this is what I help with every day and one thing I would ask if you found this
video helpful please subscribe to my channel it's super important to me because it gives you access
to all my videos it also tells YouTube that it's valuable so they put it in front of more people
that need this information and believe me a lot of people need this information because it's just
something that you get a lot of misinformation out there we want to make sure we understand it
completely so if I can help I'm happy to do it whether you're turning 65 with your RDA Medicare
visit my website Medicare on video , I've got a tremendous amount of information you can get a
quote right here on the home page for a Medicare supplement plan to compare or as a new quote
either one you can visit my video library where I have a video on pretty much anything Medicare
I also have guides and forms just about anything you would need coming into Medicare including
employer coverage forms I have Social Security forms replacement ID cards all that kind of stuff
right on my website just to make things easy for you so I hope you found this helpful and again
please subscribe to my channel it makes a big difference in how many people get to see this
video and I'd certainly be happy to help with any of it and I hope you have a fantastic day
Medicare our lady