Tag Archive | monthly premium

When Looking At Medicare Supplemental Plans It Helps To Create A Spreadsheet.

by Anura Guruge


Click to ENLARGE.

Click to ENLARGE.


At least in my case I wanted to see the total MAXIMUM yearly costs for the relevant plans.

Just the monthly premium tells you little because you have to factor in the deductibles.

I amortize the deductibles across the year and add them to the premium. That then gives me a much more representative comparison.

Creating a spreadsheet like this is trivial. I will gladly send you this … you will just have to plug in YOUR monthly premiums. The deductibles are the same for ALL OF US — and these are the 2019 deductibles.


Related posts:
Check Category ‘Healthcare’.


by Anura Guruge

Medicare Supplement High-Deductible Plan F (F+), Is Often The Better Deal.

by Anura Guruge


Click to ENLARGE.


Check out the math.

The difference between Medicare Supplemental Plan F and High-Deductible Plan F (i.e., F+) is the $2,240 (in 2018) deductible. With F+ you have to first pay the entire $2,240 deductible before ANY insurance kicks in.

Now do the math. And I did it for you above.

Assume that YOU will EXCEED the $2,240 deductible. So just factor it in as a 12-month ‘premium’. So, that is $2,240 ÷ 12 = $186.67 a month.

Add that $186.67 to the F+ premium, in this example $72. $72 + $186+67 = $258.67.

Cheaper whichever way you try to skin this cat.

OK. So you have to pay the deductible to begin with. But, you are saving $62.33 A MONTH to pay that deductible.

I am all in favor of F+. That makes sense to I.


Related posts:
Check Category ‘Healthcare’.


by Anura Guruge

%d bloggers like this: