Ep. 779 - Greatest gift to Medicare supplements: state birthday rules!

Medicare Advantage Minute, content provided by Diane Omdahl:

MA plans typically have two caps on out-of-pocket, unreimbursed costs; one on the drug benefits and one on the medical expenses. 

Your Medicare Benefits 2024:

How does Medicare cover Concierge Care? Not at all.

How does Medicare cover Continuous Glucose Monitors? Very likely if your doctor asserts that you meet the criteria for eligibility.

Some purchasers of Medicare supplement plans are risk averse and afraid of the very limited cost sharing imposed by the low priced High Deductible "High Value" Plan G. State birthday rules to the rescue!

More and more states are mandating rights to change Medicare supplement plans under certain circumstances without having to show evidence of good health.

This removes much of the perceived risk of this best of all Medicare choices.

 

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