AARP Medicare Supplement Plans 2020
Medicare part A and B deductibles and copayments will be covered by Medicare Supplement plans. These are really useful coverage plans that are sold by private insurers like AARP. We want to tell you a bit about AARP Medicare Supplement plans for 2020.
It may be that one of these plans could be a good fit you. They are meant for Medicare subscribers who need some extra coverage, and we think that every senior should at least look at them and what they are offering.
The Supplement Plans Cover Leftover Expenses
Supplements plans are unique in that they require another plan to function. Supplement plans need Original Medicare, and they fill in coverage that Original Medicare leaves for you. Any Medicare subscriber knows that the basic plan will cover many inpatient and outpatient expenses, but what about the deductibles, copayments and excess charges that are left? Those are usually going to come right out of your pockets, and it can be tough to not just keep up with all those required payments but to actually pay them as well.
Supplement plans come in very useful as they cover the deductibles for Medicare parts A and B. They cover the copayments and the coinsurance as well. They cover leftover nursing care costs and the blood used in medical procedures that isn’t covered under Original Medicare. Supplement plans can also cover the cost of foreign travel exchange, which is what you pay when you have to be transported by an emergency vehicle to another country for medical care. Even excess charges for outpatient care can be covered under the Supplement plan policies. This can come in useful if you go to a medical facility where Medicare isn’t accepted fully and you would normally be charged some out-of-pocket expenses for outpatient care.
With all this coverage, you can have little left to pay on your own, and you can choose what level of coverage you get and how many of these medical expenses are covered for you. There are eight basic Supplement plans to choose from, and you can decide which one works best for you. We will talk about what some of the better plans are and what you might want to choose if you are looking to save as much money as possible while covering as many medical expenses as you can.
AARP’s Top Plans
AARP has a great lineup of Supplement plans. They do not have to offer all eight of the available plans, as they can pick and choose what will make up their selection. One plan you won’t see in their lineup that used to be very popular is Medicare Supplement Plan F. This is the one full coverage plan, and it is no longer being offered to seniors who are signing up for Supplement plans for the first time.
Plan F has been restricted, and it will not be listed in the available AARP Medicare Supplement plans for 2020. You can still get it if you are renewing your Plan F coverage, but you cannot sign up for it as your new plan. You will have to choose from one of the remaining plans instead.
The top ones we recommend to people who want a lot of coverage are plans G and N. Plan G is what we would call a nearly full coverage plan. It covers you for all of the following supplementary expenses:
Part A deductible
Part A and Part B copayments
Part B excess charges
Part A hospice coinsurance
Skilled nursing care coinsurance
Foreign travel exchange
Three pints of blood each year
Plan G is often economically priced, and you can check out the rates here on our site. We’ll show you how AARP’s rates compare to those of other plans. You can see a whole list of Plan G rates and decide for yourself what the best rates are. Keep in mind that there are other factors to consider too, such as the member perks that AARP and other insurance providers offer to you.
Plan N is another great choice, and this plan will cover you for most supplementary expenses. It covers you for most of your Part B copayments, all Part A copayments and the Part A deductible. It will also cover the cost of Part A coinsurance and skilled nursing care coinsurance. Even foreign travel exchange and blood use will be covered under Plan N. It’s a bit of a lower coverage plan than Plan G, so it costs less, and it could be offering just the savings you need to make your healthcare affordable.
Why AARP May Be a Good Choice
We have talked about the plans that AARP sells, but we haven’t said anything about the company itself. We think AARP is a pretty good option for many seniors because of its expertise in senior care. This is a company that has been around for decades and that has specialized in senior services.
They do a great job of adding value to their insurance plans, as they offer free perks like gym memberships, elective healthcare treatment discounts, healthy living plans, access to medical professionals 24 hours a day and much more. The sheer number of perks offered by AARP make them stand out from the other insurers, and they also do more than sell medical insurance plans. They offer financial services and insurance of every kind, and you would be hard-pressed to find an insurer that will do more for you as a customer.
Whether you choose one of the AARP Medicare Supplement plans for 2020 or not, you should know what the best deals are, and we can help you with that. Use our site to compare prices and find a good deal. If AARP is too expensive for you, then you do have some other options, and we want you to be aware of those and to feel good about whatever insurance plan you end up with.