Bcbs Plan G Plus Cost and Everything You Need to Know

BCBS Plan G Plus is a Medicare Supplement insurance plan offered by Blue Cross Blue Shield. It's designed to help cover out-of-pocket costs associated with Medicare Parts A and B.

This plan can be a game-changer for those who want to minimize their healthcare expenses. BCBS Plan G Plus covers 100% of Medicare Part A coinsurance and hospital costs, as well as 100% of Medicare Part B coinsurance and copayments.

The plan also covers skilled nursing facility care and foreign travel exchange. It's worth noting that BCBS Plan G Plus does not cover Medicare Part D prescription drug costs.

BCBS Plan G Plus offers a low deductible of $200, which is a significant advantage for those who need to cover medical expenses quickly.

The plan's maximum out-of-pocket (MOOP) is $7,550, which is the maximum amount you'll pay for covered medical expenses in a calendar year.

This plan includes a 50% coinsurance for skilled nursing facility care, which is a unique feature that can help with the high costs of long-term care.

Enrolling in the plan is a straightforward process. The enrollment period typically lasts for 30 days, starting from the date of plan selection.

To enroll, you'll need to provide some basic personal and financial information, such as your name, address, and Social Security number. This information is required to complete the enrollment process.

The plan administrator will review your application and verify the accuracy of the information you provide. This process usually takes a few business days.

With Plan G, you'll pay up to the Part B deductible amount for your first doctor visit each year.

This means if you visit the doctor in March and the deductible is $200, you'll pay $200.

The remaining deductible balance is applied to your next visit, so you won't have to worry about paying the full deductible again.

If you're hospitalized and your deductible has already been met for the year, the supplement will pick up what Medicare doesn't cover.

There are no co-pays with Plan G, which is great news if you see the doctor frequently.

Plan G offers comprehensive coverage for preventive visits, emergency care, and chronic conditions. It covers 100% of the Medicare Part A and Part B co-pays and coinsurance, those gaps and holes that Medicare doesn’t cover.

Plan G also covers Skilled Nursing and rehab facility stays, Hospice care, and Foreign Travel Emergency coverage for traveling outside of the United States. This extra benefit helps with out-of-pocket costs when receiving healthcare abroad.

Here are some key benefits of Plan G:

Plan G offers comprehensive coverage for preventive visits, emergency care, and chronic conditions. It also covers 100% of the Medicare Part A and Part B co-pays and coinsurance, filling the gaps that Medicare doesn't cover.

One of the key benefits of Plan G is that it covers Skilled Nursing and rehab facility stays, as well as Hospice care. This means that you'll have financial protection in case you need extended care or hospice services.

Plan G also covers foreign travel emergency coverage, which is essential for travelers who venture outside the United States. Since Medicare has limited coverage for healthcare received abroad, this benefit helps with out-of-pocket costs.

Here's a breakdown of what Plan G covers:

Note that Plan G does not cover the Part B deductible, which is $226 in 2023. However, many Medicare enrollees find Plan G more cost-effective than Plan F when considering their respective premiums.

Part D plans offer a range of benefits to help cover your prescription medication costs.

You'll have access to a large network of participating pharmacies, making it convenient to fill your prescriptions.

Some plans have deductibles, while others require a fixed copayment each time you fill out a prescription.

Many Part D plans also have a coverage gap, also known as the "donut hole", where you're responsible for all of your drug costs until you reach the plan's annual out-of-pocket limit.

After reaching that limit, you'll pay only a small share of your prescription costs for the remainder of the year.

Some plans have a prescription drug list (formulary) with more than 2,800 covered drugs, giving you a wide range of options.

You can also take advantage of mail-order options to save time and money.

As of 2025, Medicare Part D enrollees will have the option to pay their out-of-pocket Part D prescription drug cost in monthly amounts over the course of the plan year.

With BCBS Plan G Plus, your out-of-pocket costs for medical expenses are relatively low. The only out-of-pocket costs you'll have are your monthly plan premium and the annual Medicare Part B deductible.

The Part B deductible is the amount you pay before your plan kicks in, and it can change every year. It usually goes up a few dollars each year.

You'll get a bill for the deductible amount on your first doctor or provider visit of the year. This is when the deductible applies, starting January 1st.

The Medicare Part B deductible resets every January, so you'll need to meet the deductible each year.

If you're considering BCBS Plan G Plus, you have several options to weigh. Plan F has historically been the most comprehensive plan, covering 100% of the gaps in Medicare coverage, but it's now only available to those already enrolled in Medicare. Plan G, on the other hand, has nearly the same level of coverage as Plan F, except for the Part B deductible.

Plan G is often a better value than Plan F, with historically lower rate increases and lower premiums. In fact, if you have a Plan F, switching to a Plan G can save you money. However, if you're more focused on preventive care and don't expect to have serious medical needs, Plan N might be a more affordable option for you.

Here's a quick comparison of the three plans:

Original Medicare is Medicare Parts A and B, administered by the federal government.

Most older adults and those with disabilities enroll in Medicare Part A for hospitalization and add Part B to get coverage for doctor visits and other medical services.

Medicare Advantage, on the other hand, is provided by private insurance companies, like Blue Cross NC.

Medicare Advantage covers the same types of care as Medicare Parts A and B but lowers your share of the costs when you use doctors and hospitals that are part of the plan's network.

This can be a significant cost savings for those who see doctors within the plan's network, but it's essential to research and understand the specific plan's network before enrolling.

If you're considering switching from Medicare Supplement Plan F to Plan G, you're likely wondering if it's worth the change. In most cases, a Plan G will save you money, despite Plan F covering the Part B deductible.

Plan F premiums are often much higher than Plan G, and the rate increases on Plan F are historically higher too. This means Plan G is a better value than Plan F.

If you're eligible for both, the Medicare Supplement plan with the lower monthly premium in your area would be the better choice. This is a simple yet effective way to determine which plan is right for you.

Here's a quick comparison of the two plans:

Keep in mind that both versions of Medicare Supplement Plan F are now unavailable to new Medicare beneficiaries. This is a key factor to consider when deciding between Plan F and Plan G.

If you're not sold on Plan F, G, or N, there are eight other Medigap plans to consider. Plan F has been a top choice for many years, but it's no longer available to new Medicare members.

Plan G is a close second, offering nearly the same level of coverage as Plan F, with the only difference being the Part B deductible of $226. This means you'll pay the deductible out of pocket.

Plan N is the least expensive of the three, but you'll be responsible for paying more out-of-pocket costs. With Plan N, you'll pay a maximum of $20 for doctor visits and $50 for ER visits, as well as the Part B deductible and excess charges.

Here's a quick comparison of the three plans:

If you're more focused on preventive care and don't expect to have serious medical needs, Plan N might be a good choice. It could save you money in the long run.

Medicare Supplement High Deductible Plan G is offered by a range of top-rated carriers, including Accendo, Aetna, and American Continental Insurance Company.

These carriers, among others, provide this plan to enrollees, although this is not an exhaustive list.

Some of the top-rated carriers that offer Medicare Supplement High Deductible Plan G include:

Medicare Supplement High Deductible Plan G is offered by a range of top-rated carriers, including Accendo, Aetna, and American Continental Insurance Company.

Aetna Health and Life Insurance Company, an Aetna company, also offers this plan. Many other carriers offer this plan, including those that are subsidiaries of larger companies.

Some of the carriers that offer Medicare Supplement High Deductible Plan G include Anthem Blue Cross Blue Shield, Bankers Fidelity, and Blue Cross Blue Shield. These carriers are well-established and reputable in the industry.

Here is a list of some of the top-rated carriers that offer Medicare Supplement High Deductible Plan G:

Healthy Blue (HMO-POS D-SNP) offers a range of benefits for eligible individuals.

If you're eligible for Medicaid and Medicare, Healthy Blue + Medicare may be the option for you.

Healthy Blue (HMO-POS D-SNP) provides dental and vision allowances, which can be a big help for those with ongoing medical expenses.

You can also get an over-the-counter allowance to help with everyday expenses.

A gym membership allowance through FitOn Health is available to promote healthy living.

Hearing aid benefits are also included to support those with hearing impairments.

Transportation to provider visits is provided to make it easier to get the care you need.

Here are some of the benefits of Healthy Blue (HMO-POS D-SNP) in a quick rundown: