South Carolina Medicare Supplement Plan G is NOT the most popular or common plan in the state. However, it can be the best value for you in some cases.
Plan G is very similar to the more popular Plan F; however, it does not cover the Medicare Part B deductible (which is $135/year in 2009). Also, it offers the additional benefit of “At Home Recovery”. The third and final difference in the two plans is that Plan G covers 80% of Medicare Part B Excess charges, whereas Plan F covers 100% of these charges.
So, let’s talk about these differences. First, we’ll look at the Part B Excess charges. These charges occur when a doctor does not accept Medicare “assignment”. In most, if not all, areas of South Carolina, doctors do accept assignment, which negates the importance of this benefit. Always check with your physician to make sure, but if your doctor does accept Medicare’s fee schedule, then you can omit this benefit from consideration in your comparison.
Secondly, the “At Home Recovery” benefit is only offered by a couple of the Medicare Supplement standardized plans. It is not used by everyone or in a lot of situations; however, it is, obviously, better to have it then to not have it.
Last, there is the Part B deductible, which is not covered under Plan G. This comes down to simple math. If you can get a Plan G for approximately $12/month less than Plan F, then Plan G would be a better value on the basis of this benefit. Unless you are determined to eliminate your out of pocket costs altogether (with Plan F or J), Plan G may be a better value for you.
For more information about Plan G or any of the other Medicare supplement plans, visit South Carolina Medicare Supplement Insurance or North Carolina Medicare Supplements.