Medicare Plan G-HD...  An Overlooked but Reliable option!

A High-Deductible Medicare Plan G (Plan G HD) offers the same comprehensive benefits as standard Plan G but requires a much lower monthly premium. In exchange, you pay out-of-pocket for your Medicare-approved medical expenses until you reach an annual deductible, which is $2,950. After that, the plan covers 100% of covered costs.

How Coverage Works

1. Low Premiums: You pay a smaller monthly fee, making it ideal if you want to save money upfront and do not visit the doctor often.
2. Paying Your Way: When you receive care, Original Medicare pays its share first. The remaining coinsurance, copayments, and deductibles are billed to you and count toward your plan's high deductible.
• Example: If you have a Medicare Part B doctor visit, Medicare pays 80% and you are responsible for the remaining 20%. That 20% out-of-pocket cost is applied toward your annual $2,950 deductible.
• Example: If you are admitted to the hospital, your Medicare Part A deductible is applied to your $2,950 calendar-year deductible.
3. 100% Coverage: Once your out-of-pocket spending reaches the deductible limit ($2,950), your Plan G HD covers 100% of all approved Medicare Part A and Part B out-of-pocket costs for the remainder of the calendar year.

Key Details & Rules

• Deductible: The deductible is $2,950.
• What Counts: Medical expenses that would ordinarily be paid by the Medigap policy (including the Part B deductible) go toward meeting this deductible.
• What Doesn't Count: Your monthly premium does not count toward the deductible. Foreign travel emergency expenses also have a separate deductible and are not applied to the $2,950 limit.
• Network Freedom: Like standard Medigap plans, you can use any doctor or hospital that accepts Medicare, without needing prior authorizations.

To compare standardized Medigap options or find out if this plan is right for your healthcare needs, you can review details on the Medicare.gov Plan Comparison Guide.