Are Supplement (Medigap) Plans F & C going away? Do pigs fly? Do fish bite? If you are eligible for
Medicare before January 1st, 2020, the answer is “no”. Here’s what you need to know about new
legislation that’s called the Medicare Access and CHIP Reauthorization Act of 2015 (MACRA):
FACT: Anyone eligible for Medicare Part* A before January 1st, 2020 can enroll in Supplement (Medigap)
Plans F or C even after 2020 and can keep their plans as long as they like;
FACT: Anyone who becomes eligible for Medicare Part A on or after January 1st, 2020 will not be able to
purchase Medicare Supplement (Medigap) plans F or C. Plan G will become the most benefit rich plan at
that time and will require you to pay the Medicare Part B deductible for medical services received;
FACT: If you are already enrolled in Supplement (Medigap) Plans F or C you will still be able to keepthem, as you will be grandfathered in;
FACT: Supplement (Medigap) Plans E, H, I & J are no longer being sold, but if you already have one, you
can generally keep it. These were phased out with the Medicare Modernization Act.
So, according to Medicare, “Medigap (Supplement) plans that cover the Medicare Part B deductible (plans C & F in most states) will no longer be sold to most people who turn 65 or who first become eligible for Medicare after January 1st, 2020. If you buy a Medigap (supplement) Plan C or F before January 1st, 2020, you can keep that plan and the benefits won’t change.” Different rules may apply to residents of Massachusetts, Minnesota & Wisconsin.
* Don’t be confused – Original Medicare consists of 4 PARTS: A (hospitalization), B (outpatient & doctors), C (Advantage plans) & D (drug plans). Medicare Supplements/Medigap plans are: PLANS A, B, C, D, F, G, K, L, M & N. You purchase a PLAN to supplement your coverage under PARTS A & B.
I personally have noticed that some agents are using a “scare tactic” and telling seniors that Plans F & C
are completely being phased out and they need to buy Plan G right away. THIS IS SIMPLY NOT TRUE! If
you currently have Plans F or C you can keep it as long as you continue to pay your monthly premium.
Also, what’s with the whole Supplement/Medigap thing? Is it a Supplement? Is it a Medigap plan? Well,
the insurance industry typically refers to the plans as supplements, and Medicare refers to the plans as
Medigap. Sure wish they’d get on the same page… Still have questions? Call, click or stop in today.
You’ll be glad you did! Never a consultation or enrollment fee.