Medicare Supplement Plan F is Available Until 2020 – You Don’t Have to Fear Change
Anyone who turns 65 before January 1, 2020, can enroll in Plan F – and can keep their Plan F as long as they choose. With Congress’s passage of the Medicare Access and CHIP Reauthorization Act (MACRA) in 2015, Medicare Supplement Plan F will no longer be sold after January 1, 2020. If, however, you are already enrolled in Plan F, you don’t need to take any action and you can keep it indefinitely. Your coverage and plan will continue. For people who have Medicare Part A before January 1, 2020, they will still be able to purchase Plan F even if they obtain Part B after January 1, 2020. People who obtain Medicare Part A on or after January 1, 2020 will not be able to purchase Plan F. As an alternative they should consider purchasing Plan G. Plan G works similar to Plan F with one exception: it does not cover Part B’s annual deductible. This means that all post 2020 Medicare beneficiaries will in all likelihood spend at least their Part B deductible annually. _________________ Margy Wenham...