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1 THE DIFFERENT PARTS OF MEDICARE 1 THE DIFFERENT PARTS OF MEDICARE

1 THE DIFFERENT PARTS OF MEDICARE - PowerPoint Presentation

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Uploaded On 2022-07-28

1 THE DIFFERENT PARTS OF MEDICARE - PPT Presentation

Page 6 2 Examples are for educational purposes only Do not base insurance investments financial planning legal planning or tax planning decisions on these examples Page 7 3 Examples are for educational purposes only Do not base insurance investments financial planning legal planning ID: 931160

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Slide1

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Slide2

THE DIFFERENT PARTS OF MEDICARE

Page 6

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Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Slide3

Page 7

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Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Slide4

WHAT’S THE DIFFERENCE?

All Medigap policies must follow federal and state laws designed to protect you, and policies must be clearly identified as “Medicare Supplement Insurance.” Medigap insurance companies in most states can only sell you a “standardized” Medigap policy identified by letters A through N. Each standardized Medigap policy must offer the same basic benefits, no matter which insurance company sells it.

Cost is usually the only difference between Medigap policies with the same letter sold by different insurance companies.

Plans are standardized for easy comparing

Page 9

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Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Slide5

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MORE ALPHABET SOUP!

Simplify your choices to Plan F, G, or N

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Plans are different in Massachusetts, Wisconsin, and Minnesota

Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Slide6

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PLAN G BENEFITS

Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Plans are different in Massachusetts, Wisconsin, and Minnesota

Slide7

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Page 11

PLAN G BENEFITS

Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Slide8

COMPARING MEDIGAP COSTS

Page 19

As discussed on the previous pages, the cost of Medigap policies can vary widely. There can be big differences in the premiums that different insurance companies charge for exactly the same coverage.

Female

Age: 65

Non-Smoker

Zip: 27713

Plan G

Lowest Price:

$90.42 (Assured)

Highest Price $247.92 (American Retirement)

Effective 9/1/18

Provided by: CSG Actuarial

csgactuarial.com

8

Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Slide9

PRE-EXISTING CONDITIONS

Page 33

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Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.

Slide10

ENROLLMENT PERIODS

AND GUARANTEED ISSUE RIGHTS

Page 49 & 50

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Examples are for educational purposes only. Do not base insurance, investments, financial planning, legal planning, or tax planning decisions on these examples.