Planned Plan F Changes
The Affordable Care Act has scheduled changes to plan F medicare supplements to take effect in year 2020. The specifics for these changes have not been released yet, but they are likely to have some cost sharing components added. Right now plan F is to rich a plan for the ACA. What this means is new to medicare buyers are likely to purchase some other plan than plan F and that will cause plan F rates to increase at a faster pace than the rest of the market. You will be able to keep your plan F, but you may not want to because of these rate increases. Contact me now to discuss your unique needs and situation to discuss when or if to change companies or plans.
I'm Alan Soderquist and I am an Independent Insurance Consultant for all things life and health. If you are looking for friendly, no pressure advise or information, you can count on me.
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The Affordable care act has changed the way we look at insurance. It may make sense to not be a part of an employer plan for your health insurance. Find out why!