Standardized Medicare Supplements, also known as Medigap or Supplemental Insurance came into law in 1992. Since then, all plans sold must offer the same benefits as defined by their plan type regardless of the insurance company.
Florida Medicare Supplement premiums can prove to be a very real challenge to many Florida Medigap Eligibles when shopping for affordable coverage. When comparing Medicare Supplement Plans in Florida, it is critical to compare all of the available options in your area.
While shopping for Florida Medicare Supplements, you will be faced with a wide variety of options. With over 2.4 million seniors enrolled in Original Medicare Part A and B, companies are eager to do business in the state. Along with the standard plans offered, Florida has other money-saving choices, like Medicare Select and High Deductible Plan F. In this post we will explain all of your coverage options.
A high deductible Plan F could be your best insurance option. I’ve always discouraged anyone from purchasing a standard Medigap Plan F, but with the high deductible version, my thoughts are entirely different.