Medicare Supplement Plan G covers most of the out-of-pocket costs that Original Medicare leaves you open to, with one exception. With Plan G, you will need to pay your Medicare Part B deductible. The Part B deductible for 2021 is $203.

In your initial research phase, many people compare Plan G to Plan F, which covers the Part B deductible. However, the premiums for Plan G tend to be considerably less than that of Plan F. Because of this, many people find that even after they pay their deductible, Plan G is still the more cost-effective option.

Keep in mind: if you become eligible for Medicare in 2020 or later, you will not be able to buy a Plan F. This means that Plan G will be the plan with the most comprehensive coverage available to you. Additionally, you will have the option to sign up for a High Deductible Plan G.

If you currently have a Plan F and are considering switching, Golden Years Design Benefits can help you evaluate your options.