There are almost ten different plans under Aetna Medicare supplement Plan G. Thus, when you will be buying one for yourself which one should you choose? Discussed here are the topics that must be considered before you start looking for a Medigap plan.
Your health will be an important factor while you get the perfect Medicare supplement plan. If you remain ill for long and need medical attention frequently then some of the plans under the Medigap policy may not be available to you. Similarly, if you are relatively healthy then you may get certain benefits in these policies compared to others, both in terms of plans and prices. The bottom line is that depending upon your health history you have to choose a plan.
The time when you are choosing the Medigap policy also affects which plans you are taking. During the initial enrollment eligibility period or the open enrollment time you can easily get any plan that you wish for. Your health history will not impact the choice of plan then. Later on if you plan to change the plans then your health history will have its impact on such change.
You will start availing Medigap policy after the age of 65 but as you further grow older there will be impact of your age on your health and obviously on the Medicare supplement plan. As you age on your coverage need will also change and then you may have to change the plan that you presently have then. Some plan which seemed best at the age of 65 may not be good enough when you cross 70 years.
The place where you stay will also have impact on your choice of Medigap policy. Every insurance company do not offer all the plans at every location. Although the plans are governed by Federal government you may get similar benefit from each particular plan, but the premiums differs from one insurance company to another. Thus, you may get the best plan at the best prices only and only if it is available in the location where you are staying. Else you have to be satisfied with the plan that you are getting in your state.
Apart from these basic factors there are other lifestyle factors too that may affect the plan that you choose. Like if you use tobacco products then you may not get certain discounts that are available otherwise.