Quantcast
Channel: Flux Features Finance, Medicare and Insurance » supplemental plans
Viewing all articles
Browse latest Browse all 2

Forethought Medicare Supplement

0
0
Forethought Medicare Supplement

Forethought Medicare Supplement

What is Forethought medical supplement?

The Forethought Medicare Supplement plan is very similar to those of other supplemental plans which help pay for any expenses not covered by Medicare parts A and B.

Although this is relatively new to the market, this supplemental plan is one of the most common ones nationwide as well as one that offers very competitive rates from a highly-rated company.

Forethought is dedicated to providing innovative financial solutions for those planning for retirement and end-of-life needs; their ongoing success is underpinned by strong financial performance and a proven reputation for honoring its commitments.

Benefits of forethought Medicare supplemental plan

For a consumer, the benefits for this plan include not being singled out for a rate increase no matter how many times benefits are received, benefits being paid to the consumer, the hospital, or the doctor, and a guaranteed renewable policy.

Since these Forethought plans are Federally-standardized, they operate like any other Medicare Supplement plan sold through any other company. This means that a consumer can go to any doctor or hospital – claims are automatically handled through the Medicare system. Thus, there are no networks, which make it extremely easy to use their plans.

Different types of plans

In most states, Forethought offers about three Medicare Supplemental plans: Medigap plan F, which requires no out of pocket co-pays, deductibles or coinsurance at the doctor or hospital and is the most common and comprehensive Medigap plan, Medigap plan G, while it doesn’t cover the Medicare part B deductible, it contains lower premiums and is generally a better value, and Medigap plan N, one of the newer plans and has some small cost-sharing in exchange for lower premiums, although it doesn’t cover the part B deductible like plan G.

Some states may offer more plans while other may even carry others instead of the ones stated. The Forethought Medical Supplements are some of the most popular because they come from a highly-trusted company.


Viewing all articles
Browse latest Browse all 2

Latest Images

Trending Articles





Latest Images