Call Us 719-360-2795 ☰ ˟
Logo
Speak With A Licensed Agent
Phone 719-360-2795
  • Home
  • Blog
  • Resources
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About Medicareline Insurance
    • Location Map
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Home > Blog > Plan F in 2020
MONDAY, MAY 23, 2016

Plan F in 2020

Plan F in 2020

Due to recent changes coming up for Plan F in 2020, I hear more and more questions and concerns from seniors regarding the future of Plan F. Some of the questions include: Will I be dropped from Plan F in January, 2020? Is my premium going to increase by a lot?, Will I be able to switch to another supplement plan? These are some of the typical questions I hear from clients and wanted to take a few minutes to answer these questions and hopefully provide some useful and valuable information for seniors who are dealing with these changes. 

Let's tackle each one of those questions individually. 

1. Will I be dropped from Plan F in January, 2020? 

No. Once you have Plan F and you continue to make your monthly premiums, you will not be dropped out even after January 1st, 2020. Plan F will no longer be offered to new seniors who qualify for a Medigap plan but if you already have Plan F, you will be grandfathered in. 

2. Is my premium going to increase by a lot?

Anyone who has a Medigap plan for at least 2 years has experienced an increase in monthly premium anywhere between 2-7%, depending on the insurance carrier. However, since no new people will joining in a Plan F after 2020, chances are that if you already have a Plan F and cannot switch, you may experience higher increases in monthly premiums. It's just the law of large numbers!

3.
Will I be able to switch to another supplement plan?

The answer is yes. However, you have to pass underwriting. You may be denied if you experienced a recent major health issue in which case you will have to keep your existing plan. 


If you have further questions about plan F and changes coming up in 2020, you can always contact 
Medicareline Insurance in Colorado 

Phone: (719) 360-2795 
Website: www.medicareline.org 
E-mail: john@medicareline.org

An article by John Balota
Owner of Medicareline Insurance



Posted 5:06 PM

Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2018
  • 2016

  • medicareline insurance(17)
  • medigap plans in colorado springs(9)
  • medicareline.org(8)
  • medigap plans in colorado(7)
  • medicare part b(6)
  • medicare part a(5)
  • medicare supplement plans(5)
  • medicare supplement plans in colorado(5)
  • medigap in colorado springs(5)
  • medicare plans in colorado springs(4)
  • medicare(4)
  • medicare advantage plans in colorado(4)
  • medigap plan f(4)
  • (4)
  • medicare in colorado springs(4)
  • medicareline insurance in colorado springs(4)
  • medicare supplement plans in colorado springs(4)
  • medicare supplement insurance(4)
  • medigap plans(3)
  • medigap in colorado(3)
  • colorado springs(3)
  • medicare part d(3)
  • medicare part c(3)
  • medicare advantage plans in colorado springs(3)
  • original medicare(3)
  • long-term care planning(3)
  • medigap plan g(3)
  • medicare supplement insurance in colorado(2)
  • medigap(2)
  • medicare plans in colorado(2)
  • initial open enrollment(2)
  • medigap insurance plans(2)
  • medigap plan f in colorado springs(2)
  • colorado springs medicare plans(2)
  • indexed annuities(2)
  • medicare coinsurance(2)
  • fixed annuities(2)
  • colorado(2)
  • dental plans in colorado springs(2)
  • medicare deductibles(2)
  • medicare supplement plan f(2)
  • medicare costs(1)
  • turning 65 in colorado(1)
  • medigap coverage in colorado springs(1)
  • aarp dental insurance(1)
  • community-rated(1)
  • medicare supplement insurance in colorado springs(1)
  • financial planning(1)
  • part d medicare in colorado(1)
  • 2016 medicare part d(1)

View Mobile Version
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Home| Get A Quote| Blog| About Us| Contact
P.O. Box 62434 | Colorado Springs, CO 80962
Phone: 719-360-2795 | Email: john@medicareline.org
Social Social Social Social
Logo

Powered by Insurance Website Builder