This is pretty wild and not a great use of $690. Are you in the North Carolina market? I was actually down that way before relocating up here. I probably have some questions for you about the underwriting process so I may email you to find out more at some point. Thanks so much for sharing this is exactly the type of information I am interested in.

Example annual premiums from popular companies from the North Carolina Medicare Supplement Premium Comparison Database (http://ncdoi.com/medisupp/Search_new.asp):

1. 65 YO male, company= United World Life – Mutual of Omaha:
Plan F: $2,078
Plan G: $1,412

2. 75 YO Female, company=UnitedHealthcare Insurance Company – AARP
Plan F: $3,069
Plan G: $2,181

I know a 75 YO female with example 2’s Plan F. I failed to convince her to switch to Plan G while she can pass medical underwriting. She prefers to keep her Plan F for the convenience of not having to pay the deductible to providers. So, she pays an additional $888 in annual premiums to save up to $198 on deductible.

Thanks so much for the feedback, Wilbur.

I haven’t looked at premium figures too much on these plans. Any ballpark on premium expense for these two plans (knowing it may depend on the state/carrier)? If they are more than the Part B deductible, I definitely agree, I wouldn’t be compelled to purchase a C or F plan. I guess it does depend on how they play with other out-of-pocket costs left by Medicare particularly on the inpatient side.

Happy Friday.

Max

Folks eligible for Medicare prior to 2020 can switch to plans C or F as long as they pass medical underwriting. However, there’s often no compelling reason to have one of those plans due to higher premiums (more than the deductible) and possibly unhealthier risk pool.