The $1200 Secret: Why the Hype Around Medicare Plan F Could Be Costing You?

Introduction

Medicare Supplement plans, or Medigap, help fill the “gaps” in Original Medicare (Parts A and B)—covering things like deductibles, coinsurance, and copayments.

For years, Medicare Supplement Plan F was the most popular option because it offered first-dollar coverage—meaning you paid almost nothing out of pocket for covered services.

But here’s the truth: the hype behind Plan F could now be costing you over $1,200 per year compared to other Medigap options.

Plan F vs. Plan G: The Reality Check

If you became eligible for Medicare on or after January 1, 2020, you’re no longer eligible for Plan F. For those who enrolled before 2020, switching to Plan G often makes more financial sense.

The only difference between the two plans is the Medicare Part B deductible, which is $288 in 2026 (subject to annual changes).

The Cost Equation: How You Save

While Plan F covers the deductible, the premium difference between Plan F and Plan G is often much greater than that deductible amount.

Example (for illustration):

• Plan F annual premium: $2,500

• Plan G annual premium: $1,300

• Plan G + Part B deductible: $1,540
  ➡️ Annual savings with Plan G: ~$960 or more

So, even after paying the deductible, Plan G offers nearly identical coverage for much less money.

Why the Hype Persists

Many people still cling to Plan F because they like the idea of “paying nothing” when visiting a doctor without evaluating the total yearly cost. But premiums are rising faster than inflation, and insurers often charge more simply because Plan F is no longer available to new enrollees—reducing competition and driving up costs.

The Smarter Choice

If you want the same peace of mind with better savings, Plan G (or even Plan N) is worth exploring.
👉 Visit Medicare1st.com to compare live plan options, get expert advice, and find out how much you could save this year.

💬 FAQ: People Also Ask

1. What is the difference between Medicare Plan F and Plan G?
The only difference is that Plan F covers the Medicare Part B deductible, while Plan G does not. All other benefits—like coinsurance, hospital coverage, and excess charges—are identical.

2. Why can’t new Medicare enrollees get Plan F?
Since January 1, 2020, federal law no longer allows newly eligible Medicare beneficiaries to enroll in Plan F or Plan C. Existing Plan F holders can keep it, but may find it more expensive over time.

3. Is Plan G cheaper than Plan F?
Yes. Plan G typically costs $900–$1,200 less per year, even after paying the small deductible, making it a better value overall.

4. What’s the Medicare Part B deductible for 2024?
The deductible is $288 in 2026 (subject to annual adjustment by the CMS)

5. How can I compare Plan G rates?
Visit Medicare1st.com to get real-time rate comparisons, plan reviews, and guidance from licensed Medicare specialists.

🔗 Helpful Resources

• Medicare.gov – Medigap Policies

• CMS.gov – Medicare Supplement Insurance

• Medicare1st.com – Compare Plans