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Is A High Deductible Medicare Supplement Plan Right For You?

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The Retirement Nerds

Are High Deductible Medicare Supplement Plans a good option? These High Deductible plans are becoming more and more popular, mostly because of the lower monthly premium costs. For those who are healthy, why pay for more for something you aren't using? Unfortunately, there are some weaknesses to these Supplement plans that you should be aware of before making a decision.

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The Retirement Nerds is the nocost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning.

⏰ TIME CODES ⏰
0:00 What is High Deductible Plan G?
0:37 Strength 1 Lower Premiums
1:21 Strength 2 OM Benefits
1:47 Strength 3 HSA Option
2:02 Weakness 1 The Deductible
2:16 Deductible Example
3:57 Part A Exception
4:48 Weakness 2 Not Everywhere
5:11 Weakness 3 No Other Coverage
5:28 Breakeven Calculations
6:52 Our Experience
7:53 Wrap Up

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#medicare #medicaresupplement #90daysfromretirement

Federal Disclaimer:
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1800MEDICARE to get information on all your options.

posted by oludala21