Switch To Plan G From Plan F

[Coach Rice]

Yes, starting in 2020. But anyone who has enrolled in Plan F before that can keep it indefinitely.

That will mean that the pool of folks covered under Plan F will be getting older and sicker with time. That should cause the rates for Plan F to go up more steeply than those for Plan G. So it probably makes sense for us to change to Plan G while we can. However, our agent encouraged us to stay with Plan F. He believed that Plan G is now being offered at unrealistically low rates to attract new sign-ups, and that the rates will go up considerably.

Phone conversation with broker today: Plan F $214.25 less Plan G $158.40 = $55.85; difference being Part B deductible of $183 Sooooo, $55.85 X 12 = $670.20 which is considerably more than the $183 saved in Plan F.

Plan F rates will begin rising next year and will continue rising with no new members in the 2020 pool. Earlier posts indicated that plan G rates may be deliberately low with a rise in the future.

I weighed all this and chose Plan G. Time will tell if I made the right choice.