Medicare Plan G 2023

Medicare Plan G in 2023 is a type of Medicare Supplement Insurance plan that is designed to help cover the gaps in coverage that Original Medicare (Part A and Part B) doesn’t cover. Plan G is one of the most comprehensive Medicare Supplement plans, and it covers a wide range of healthcare expenses, including:

Medicare Coinsurance

Medicare Part A coinsurance and hospital costs: Plan G covers the coinsurance and hospital costs for Medicare Part A, which is hospital insurance.

Medicare Part B coinsurance and copayments: Plan G covers the coinsurance and copayments for Medicare Part B, which is medical insurance.

Medicare Part A hospice care coinsurance or copayment: Plan G covers the coinsurance or copayment for Medicare Part A hospice care.

Skilled nursing facility care coinsurance: Plan G covers the coinsurance for skilled nursing facility care.

Medicare Part A deductible: Plan G covers the Medicare Part A deductible, which is the amount you pay before Medicare starts to pay for hospital stays.

Medicare Part B excess charges: Plan G covers excess charges, which are the additional fees that a doctor or provider may charge beyond what Medicare approves.

Plan G Medicare Deductible

Plan G does not cover the Medicare Part B deductible, which is the amount you pay before Medicare starts to pay for medical services. However, Plan G may be a good option for people who want comprehensive coverage and are willing to pay a higher monthly premium in exchange for reduced out-of-pocket expenses.

It’s important to note that Medicare Supplement plans like Plan G are sold by private insurance companies and not directly by Medicare. You must be enrolled in Medicare Part A and Part B to be eligible for a Medicare Supplement plan, and you must pay a separate monthly premium for your Medicare Supplement plan in addition to your Medicare Part B premium.

Medicare Plan G versus N

Medicare Plan G and Plan N are both popular Medicare Supplement insurance plans that are designed to help cover the out-of-pocket costs that Original Medicare (Part A and Part B) doesn’t cover. Here’s a comparison of Plan G vs Plan N:

1. Coverage: Plan G offers more comprehensive coverage than Plan N. Plan G covers all the benefits that Plan N covers, plus the Medicare Part B deductible. Plan N, on the other hand, covers most of the benefits that Plan G covers, but it requires you to pay a copayment for some services, such as doctor’s office visits and emergency room visits.
2. Cost: Plan N generally has a lower monthly premium than Plan G, but it requires you to pay a copayment for some services, such as doctor’s office visits and emergency room visits. This means that Plan N may be a better option if you don’t go to the doctor very often, but if you do go to the doctor frequently, Plan G may be a more cost-effective option in the long run.
3. Excess charges: Plan G covers excess charges, which are the additional fees that a doctor or provider may charge beyond what Medicare approves. Plan N, on the other hand, does not cover excess charges. This means that if you choose Plan N, you may be responsible for paying any excess charges that your doctor or provider charges.

Overall, the choice between Plan G and Plan N depends on your personal healthcare needs and budget. Both plans offer valuable coverage that can help reduce your out-of-pocket expenses, but they differ in terms of their coverage, costs, and benefits. It’s important to compare the details of each plan and consult with a licensed insurance agent or a Medicare counselor to determine which plan is the best fit for your needs.

Is Medicare Plan G better than Plan F

Medicare Plan G and Plan F are both popular Medicare Supplement Insurance plans that offer comprehensive coverage to help cover the gaps in coverage that Original Medicare (Part A and Part B) doesn’t cover. Here’s a comparison of Plan G vs Plan F:

Coverage: Plan F offers the most comprehensive coverage of all the Medicare Supplement plans. It covers all the benefits that Plan G covers, plus the Medicare Part B deductible. Plan G, on the other hand, covers all the benefits that Plan F covers, except for the Medicare Part B deductible.

Cost: Plan F generally has a higher monthly premium than Plan G because it offers more comprehensive coverage. However, since Plan F is no longer available to new Medicare enrollees as of 2020, Plan G is now the most comprehensive Medicare Supplement plan available.

Excess charges: Both Plan G and Plan F cover excess charges, which are the additional fees that a doctor or provider may charge beyond what Medicare approves.

Medicare Plan G versus F

Overall, the choice between Plan G and Plan F depends on your personal healthcare needs and budget. Plan F may be a better option if you want the most comprehensive coverage available, but it is no longer available to new Medicare enrollees as of 2020. Plan G is now the most comprehensive Medicare Supplement plan available, and it may be a more cost-effective option for some people since it has a lower monthly premium than Plan F.

It’s important to compare the details of each plan and consult with a licensed insurance agent or a Medicare counselor to determine which plan is the best fit for your needs. Additionally, it’s worth noting that starting in 2020, Plan G became the only Medicare Supplement plan available to new Medicare enrollees that covers the Medicare Part B deductible.

Is AARP Medicare?

AARP is not an insurance company, but rather a membership organization that provides benefits and resources for its members, many of whom are Medicare beneficiaries. AARP partners with UnitedHealthcare to offer Medicare Supplement Insurance plans, including Plan G, under the AARP Medicare Supplement Insurance Plans brand.

AARP Medicare United Healthcare Supplement Plans

It’s not possible to provide an exact number of how many people are enrolled specifically in the AARP Medicare Plan G, as UnitedHealthcare does not publicly release enrollment data by plan type. However, AARP Medicare Supplement Insurance Plans are a popular choice among Medicare beneficiaries, and UnitedHealthcare is one of the largest Medicare Supplement Insurance providers in the United States.

According to the Kaiser Family Foundation, UnitedHealthcare is the second largest provider of Medicare Supplement Insurance in the United States, with a 14% market share in 2020. It’s likely that a significant portion of UnitedHealthcare’s Medicare Supplement Insurance enrollees are also AARP members, but the exact number of Plan G enrollees under the AARP brand is not available.

How much does Aetna plan g cost?

The cost of Aetna Plan G, or any Medicare Supplement Insurance plan, can vary depending on several factors, including your location, age, gender, and health status. Additionally, insurance companies may use different methods to determine premiums, such as community-rated, issue-age-rated, or attained-age-rated.

To get an accurate estimate of the cost of Aetna Plan G, you would need to request a quote from Aetna or speak with a licensed insurance agent who works with Aetna. However, as a general reference, according to Aetna’s website, the cost of their Plan G varies depending on the state and region where you live.

For example, in 2023, the monthly premium for Aetna Plan G in New York for a 65-year-old female non-smoker could range from $155 to $339 per month, depending on the location and method used to determine premiums. In other states, the cost of Plan G may be higher or lower, so it’s important to get a personalized quote to determine the cost of Aetna Plan G in your area.

It’s worth noting that insurance companies may also offer discounts, such as for paying premiums annually or for household discounts, that could help reduce the overall cost of Aetna Plan G.

Medicare Plan G in Texas

Here are the most populous cities in Texas, based on 2020 U.S. Census Bureau estimates:

Houston – population: 2,304,580
San Antonio – population: 1,481,438
Dallas – population: 1,337,871
Austin – population: 1,052,522
Fort Worth – population: 927,720
El Paso – population: 685,675
Arlington – population: 396,394
Corpus Christi – population: 325,460
Plano – population: 294,722
Laredo – population: 260,172
It’s worth noting that Texas has many other cities and towns with varying populations, and the numbers are subject to change over time. Obviously, the bigger the city the more Medicare supplement plans will be sold.