Medicare Seminar: G+ Supplement
Register for the Virtual Seminar Below
Reserve your spot for one of the upcoming virtual sessions below. Each seminar will explain how the high deductible G+ Supplement plan works, and what to review before considering a plan change.
What Is a High Deductible G+ Plan?
A High Deductible G+ plan is a type of Medicare Supplement, also called Medigap, plan. It helps pay some of the costs that Original Medicare does not cover, but you must first meet the plan’s annual deductible before the plan begins paying its share.
Lower Monthly Premiums
High deductible Medicare Supplement plans are often designed for people who want a lower monthly premium compared with many standard Medicare Supplement plans.
No Network Restrictions
Because this is a Medicare Supplement Plan, you can see any doctor or hospital in the United States that accepts Original Medicare.
Change at Any Time
Because New York is a guaranteed issue state, members can change Supplement plans at any time throughout the calendar year. The policy will take effect the first of the following month.
Who May Want to Learn More?
This seminar may be helpful if you currently have a Medicare Supplement plan and are looking for ways to lower your monthly premium, while still keeping the flexibility of Original Medicare.
People with High Monthly Premiums
If your current Medicare Supplement premium has increased, a high deductible option may be worth reviewing.
People who want Freedom
People who are on a Medicare Advantage plan for the premiums, but want to have a better network of doctors and hospitals.
People Reviewing Medicare Costs
Medicare is expensive. Switching to a high deductible plan can save thousands of dollars a year.
Potential Benefits We’ll Review During the Seminar
During the seminar, we’ll explain how the G+ High Deductible Medicare Supplement plan works and what to consider before making any change.
Learn how the monthly premium may compare with your current Medicare Supplement plan.
Understand how Medicare Supplement plans allow you to see providers who accept Original Medicare.
Review the difference between a Med Supp and a Med Adv plan.
Learn how Medigap plans work when you need to see specialists.
We’ll explain what the deductible means, how it works, and what costs you may be responsible for before the deductible is met.
We’ll explain the difference between a traditional plan G and a high deductible version.
We will review the process to change plans mid-year without any penalties.
After the seminar, a licensed Medicare advisor can help compare your current coverage and options.
What You’ll Learn in the Virtual Seminar
This is a simple, educational session designed to help you understand whether it may be worth reviewing your current Medicare plan.
How the G+ Plan Works
We’ll explain what what makes a high deductible Medicare Supplement plan different from a standard Medicare Supplement plan.
How the Deductible Works
We’ll walk through what you may pay before the plan begins covering costs after the deductible is met.
How to Compare Your Options
We’ll show you what to review before changing plans, including premium, deductible, doctors, prescriptions, travel and total yearly cost.
Not Sure If This Applies to You?
That’s exactly what the seminar is for. We’ll explain how the G+ plan works, who may want to consider it, and what should be reviewed before making any Medicare plan decision.
Frequently Asked Questions
Does attending the seminar mean I have to change my plan?
No. The seminar is educational. Attending does not require you to enroll in or change any Medicare plan.
What is the G+ High Deductible Plan?
The G+ High Deductible plan is a Medicare Supplement option that may offer a lower monthly premium in exchange for a higher annual deductible.
Is this a Medicare Advantage Plan?
No. This is a Medicare Supplement plan. Medicare Supplement plans work with Original Medicare and do not use the same type of provider networks as Medicare Advantage plans.
Can I keep my doctors?
With a Medicare Supplement plan, you can generally see any doctor or hospital in the United States that accepts Original Medicare. It is still important to confirm that your providers accept Medicare before making any change.
Why would someone choose a high deductible Supplement plan?
Some people choose a high deductible Medicare Supplement plan because they want to reduce their monthly premium while keeping the flexibility of Original Medicare.
What is the downside of a high deductible Supplement plan?
The main tradeoff is that you are responsible for more out-of-pocket costs before the plan begins paying benefits after the deductible is met.
Is the G+ plan available in every state?
Plan availability can vary by state and carrier. A licensed Medicare advisor can help review whether this option is available where you live. This seminar will focus on New York.
Does it cost anything to work with Plan Medicare?
No. Plan Medicare provides Medicare guidance at no cost to clients. If you enroll through our agency, we may be compensated by the insurance carrier.
What is Globe Life?
Globe Life is a trusted 5 star insurance company that has been around for over 50 years. They operate under United American- which is a larger insurance company that offers a variety of insurance products.