The REAL Cost of Medicare Supplement vs Advantage over 20 Years? | G vs N vs HD G vs Advantage
It’s not secret that Medicare Supplement plans are amazing. However, that coverage comes at a cost, and that cost goes up each year. 2024 is set to have double digit increases across many states for Plan G. This video will walk you through a spreadsheet you can use to determine estimated costs over your life on Medicare with Medicare Supplement Plans G, High Deductible G, and N… as well as Medicare Advantage plans.
*Download the Spreadsheet here*
Video on High Deductible Plan G
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Erik@TheRetirementNerds.com
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⏰ TIME CODES ⏰
0:00 Costs Are Going Up
1:16 Plan G Costs
4:20 High Deductible Plan G Costs
5:25 Plan N Costs
6:17 Advantage Plan Costs
8:05 Bonus Information
10:42 Thoughts on these plans
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#medicare #theretirementnerds #socialsecurity #retirementnerds #finance
Federal Disclaimer:
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.
Great analytical analysis and presentation, your videos are fantastic, thank you!
Love Tennis
“The Dark Art of Tennis” 😂❣️ Your videos are wonderfully informative and have helped me navigate through the onslaught of information sent to me in the past year regarding Medicare. Hitting 65 this year but still have coverage through my spouse. Have you done a video discussing the advantages of taking a supplement plan at 65 or staying with work coverage? If I remember correctly from one of your videos, you don’t need underwriting if you take a supplement plan after 65 as long as you have had coverage from work, but you can be denied for pre-existing conditions. Again thank you to you (and your team if there is a team helping make these videos) for your dedication to helping people. Your family should be very proud!
I have watched several of your videos and want to thank you for all the valuable information. I had thought this was something I could sign up for on my own. Boy was I wrong. I will definitely be getting help from a pro. My insurance agent who handles my auto and homeowners also handles this type of insurance but is this more of a specialty area of insurance? Are insurance agents able to choose from all companies that provide service in my zip code or just a few? Are there agencies who specialize in this type of underwriting? Do you have a video on how to select an agency for this type of coverage? Thanks again for all the information now I see you have a video on RMDs that I need to watch, thank you in advance.
Who has two balls and loves women? Answer: Billie Jean King. Plan G in Alabama is priced well through USAA. I called them and they gave me the info on the last 10 years of price increases and they were much better than say AARP United Health Care even though USAA is attained age pricing.