NH Medicare Supplement Plan G 2024- 7 reasons why Plan G is such a good value!

 by Steve Donohue NH Medigap Agent
Medicare Supplement Plan G in New Hampshire: A Comprehensive Guide
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Over the past several years, Medicare Supplement Plan G has gained significant popularity among seniors in New Hampshire. As an agency specializing in NH Medigap plans, we’ve observed a shift towards Plan G as the preferred choice for many residents. Let’s explore the reasons behind its appeal:

1. Broad Access to Care:  Medicare Supplement Plans allow you to visit any doctor nationwide who accepts Medicare. This flexibility is especially convenient for snowbirds and frequent travelers.
2. Similar Coverage to Plan F: Plan G provides coverage similar to Plan F, including hospital stays, nursing home care, and other essential services. The primary difference is that Plan G does not cover the Part B deductible (currently $240).
3. Cost Savings: NH Plan G offers substantial monthly premium savings compared to Plan F. For instance:
   • Plan G, on the other hand, costs only $170.44 per month—resulting in savings of $62.88 per month or $754.56 annually. These savings often outweigh the Part B deductible expense.
   • Anthem’s Blue Cross Blue Shield Plan F costs $233.22 per month for a 65-year-old male.
4. Coverage of Excess Charges: Like Plan F, Plan G covers excess charges. Having this protection provides peace of mind, especially for conservative shoppers.
5. More Favorable Long-Term Pricing: Plan G’s advantage lies in its long-term pricing stability. While only Medicare enrollees who were enrolled prior to 2020 can purchase Plan F, Plan G remains available for new enrollees. This availability may lead to more stable rates over time and lower predicted claims costs per person.
6. Long-Term Stability: Many seniors in their 70s have maintained the same Medicare Supplement plan for years. Plan G’s reliability makes it an excellent long-term solution.
7. Foreign Travel Benefits: NH Plan G includes up to $50,000 in foreign travel benefits, ensuring coverage even when traveling abroad.

See NH Medicare Supplement Plan G  helpful information & resources:
NH Medigap Plan G 2023 Benefit Summary
NH Medicare Supplement Quote
NH Medicare Market Review 4 Years 2021-2024

For further insights, Forbes.com has highlighted why Plan G is often a better choice for many seniors.

If you’re interested in learning more about Medicare Supplement Plans available in New Hampshire, please contact us at 603-882-2909.