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Honored Contributor
Posts: 14,402
Registered: ‎03-09-2010

I have reached out to my insurance agent but wondered if anyone thinks that a $40.00 month increase for my Medicare supplement seems like a lot?

 

My agent reminds me every year that I can look around for another company but I never felt the need until this year.

 

I have Atena, 'G' plan...I understand the incease is zipcode related and I will be 70 in July...just curious.

 

thanks.

Honored Contributor
Posts: 20,340
Registered: ‎03-09-2010

Re: Medicare Supplement cost

Our Medicare supplement is our previous main insurance as a retired Federal we are able to keep it as a secondary. It is worth its weight in gold since my immune treatments cost over 20,000 per month 

Stop being afraid of what could go wrong and start being positive what could go right.
Honored Contributor
Posts: 11,641
Registered: ‎02-07-2011

Re: Medicare Supplement cost

I would look at the percentage of the increase not just the amount and decide on that basis whether it was a lot or not.

Esteemed Contributor
Posts: 6,962
Registered: ‎06-19-2010

Re: Medicare Supplement cost

Our United Health Care just went up about the same as yours.

Respected Contributor
Posts: 2,782
Registered: ‎03-09-2010

Re: Medicare Supplement cost

@Mom2Dogs      Yes I think a $40 increase per month is a lot.  Mine went up around $20 this year and if it increases again I will be looking around for a different supplemental. 

Honored Contributor
Posts: 19,496
Registered: ‎03-09-2010

Re: Medicare Supplement cost

Mine went up about $25 for this year. Have been pretty happy with it but when the time comes, I will shop and compare.

Trusted Contributor
Posts: 1,093
Registered: ‎09-03-2017

Re: Medicare Supplement cost

These Youtube channels may be helpful:

 

Dr Ed Weir PHD, former social security manager. He was the manager of the 3rd largest social security office in the United States until he retired.

 

Christopher Westfall Senior savings network. His channel is concerned with all areas of helping seniors save money.

 

Medicare Specialist Abt insurance agency. She does a very good job of explaining medicare and advantage plans in a clear way. Even if you already have an insurance agent, it would be helpful to watch her so you understand everything when you talk to your agent.

 

I don't know anything about the cost of medicare supplement plans. My husbands employer offered a premium ppo advantage plan. I had my concerns about going on an advantage plan, but my husband thought it was the best move considering how our advantage plan cover a lot. 

Regular Contributor
Posts: 244
Registered: ‎04-29-2015

Re: Medicare Supplement cost

My AARP through UHC went up $32 per month. They sent a notice for increase several weeks ago. My agent said increases are expected to be 10-40% due to inflationary pressures. 

Everything just goes up and up!

 

dragonfly 

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Honored Contributor
Posts: 16,684
Registered: ‎03-09-2010

Re: Medicare Supplement cost

I won't see my increase for a few months yet, but I just heard a senator say    healthcare costs could increase by $900. next year.   For everybody's sake, I hope he's wrong.  Selfishly I'm thinking that increase might be for family plans.  

 

So very many businesses in this area of SE Florida cater to the very wealthy, especially doctors but also retail and restaurants.

Esteemed Contributor
Posts: 7,538
Registered: ‎09-08-2010

Re: Medicare Supplement cost

[ Edited ]

@Mom2Dogs wrote:

I have reached out to my insurance agent but wondered if anyone thinks that a $40.00 month increase for my Medicare supplement seems like a lot?

 

My agent reminds me every year that I can look around for another company but I never felt the need until this year.

 

I have Atena, 'G' plan...I understand the incease is zipcode related and I will be 70 in July...just curious.

 

thanks.


@Mom2Dogs  You have a great plan. I have Medicare Supplement Plan N United HealthCare. Ours went up about $30.00 a month. Your plan is better than ours, as we have co-payments for doctor visits. I think all of the so called Medigap plans went up.