Within the Medicare market, I am shocked to see how many Seniors do not know about the Medicare Supplement Plan F high deductible.
Across the market, Plan F and Plan G are the most popular, and obviously with a higher price tag. Those two plans have low out of pocket costs for Seniors, and give great comfort to the buyer in them knowing that complete coverage is in the place.
Over the last few years however, we have seen a lot of consumers ask about the Michigan high deductible plan F. In a sense being Plan F (remember plan F is complete coverage from day 1), with a deductible of $2070.00 before the plan kicks in. One would admit that it is a high deductible, but take in consideration the price. An "aging in" Senior turning 65 can find a high deductible plan F for around $45.00 a month. Regular Michigan Plan F Medicare supplement plans for an "aging in" can be found for right around $140.00 a month.
Again, the High F plan is booming. Seniors are finding that their Medicare advantage plans have out of pocket costs of over $3500 and so. They are asking about the plan. Other seniors are just asking.
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