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5 Things That Might Happen When You Join Medicare Plan G

Medicare Part G is known as a cost-sharing plan. This means you have a monthly premium and coinsurance, but the coverage is low. This can be a great option for some people. However, there are some things to keep in mind before switching to this plan. Here are some of the good things that might happen when you join Plan G.

You Might Receive More Benefits


One of the good things that might happen when you join Medicare Part G is you may receive more benefits. For example, you can get help paying for certain medical expenses that your current plan doesn’t cover.

You Won’t Have High-deductible Insurance


If you have Medicare, but you don’t have a high-deductible plan, it can be nice to switch over to Medicare Part G. This is because this plan has a low monthly premium and coinsurance. You won’t have as high of a deductible, so your out-of-pocket costs will be less than they would be on a high-deductible plan.

One of the best things about Medicare Plan G is that there is an option for low or no monthly premiums. If you are eligible for Social Security or Railroad Retirement benefits, then you can choose to not pay anything at all per month. But even if you don’t qualify for this, there are still plenty of other ways for you to get your premiums waived.

You might want to consider getting Part B if you are new to Medicare. This is because it covers your doctor visits and lab tests with no extra fees from your provider. You also might want to think about getting Part D if you do not already have prescription drug coverage through another insurance company and/or Medicaid.

You Might Receive Reduced Cost for Prescription Drugs


The prescription drug coverage in Medicare Part G is pretty basic. That means there’s a good chance you will have to pay for your prescriptions out-of-pocket. However, if you live in one of the states that has a Medicare Prescription Drug Assistance Program (PDAP), then you may be eligible for reduced costs on your medications.

You Might be Able to See a Doctor Without an Appointment


If you need to see a doctor, you can make an appointment with them. You also have the option of going to the emergency room if your health is at risk.

 You Can Get Dental and Vision Coverage


The first thing to note when you join Plan G is that you get vision and dental coverage. You’ll have some co-pays for these, but it’s better than not having any coverage at all.

Medicare Part G is a good option if you’re a retiree and you don’t have a lot of health concerns. It’s also a good choice if you don’t want to worry about high-deductible insurance. You might be able to see a doctor without an appointment, which is great if you need medical attention in a pinch. And if you have any dental or vision needs, Plan G will cover you.