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Is A High Deductible Medicare Supplement Plan Right For You?

Are High Deductible Medicare Supplement Plans a good option? These High Deductible plans are becoming more and more popular, mostly because of the lower monthly premium costs. For those who are healthy, why pay for more for something you aren't using? Unfortunately, there are some weaknesses to these Supplement plans that you should be aware of before making a decision. Need help? Email me! [email protected] Visit our website: https://www.TheRetirementNerds.com Join our newsletter: https://theretirementnerds.com/newsle... ==================================== This video is NOT sponsored. The Retirement Nerds is the no-cost educational platform and serves to offer information around Medicare, Social Security, Financial Planning, and Estate Planning. ⏰ TIME CODES ⏰ 0:00 What is High Deductible Plan G? 0:37 Strength 1 - Lower Premiums 1:21 Strength 2 - OM Benefits 1:47 Strength 3 - HSA Option 2:02 Weakness 1 - The Deductible 2:16 Deductible Example 3:57 Part A Exception 4:48 Weakness 2 - Not Everywhere 5:11 Weakness 3 - No Other Coverage 5:28 Breakeven Calculations 6:52 Our Experience 7:53 Wrap Up ============================= #medicare #medicaresupplement #90daysfromretirement Federal Disclaimer: We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.