Save Thousands on Your Supplement Plan in NY
If you are currently enrolled in a Supplement Plan in New York, you might have noticed the annual premium increase continuing to rise every year.
We are proud to offer a Supplemental Plan that will save you money each year while still maintaining the great coverage you rely on.
G+ High Deductible Plan From Globe Life
The High Deductible G+ Plan, is a great option for anyone currently enrolled in a Supplement Plan. The G+ Plan has the same exact coverage as any Supplement Plan (same doctors, same coverage, same flexibility) but instead of a high monthly premium, like most of current Supplements, it has a very low monthly premium and a high deductible instead.
Depending on the plan type, switching to the G+ plan can save you more than $5,000 per year.
Cost Comparison
| Plan Name | Monthly Premiums | Annual Premiums | Max Annual Exposure |
|---|---|---|---|
| Plan F | $419 | $5,028 | $5,028 |
| Plan N | $299 | $3,588 | No Cap+++ |
| Plan K | $113.75 | $1,365 | $8,000 |
| Plan G | $372.50 | $4,470 | $4,753 |
| G+ Globe Life | $91 | $1,092 | $4,042 |
Coverage Comparison
The high-deductible G plan has the exact same coverage as any other Supplement plan from any other carrier. This is because Medicare remains the primary insurance.
- ✅ Works anywhere Medicare is accepted
- ✅ Medicare remains primary
- ✅ No networks, full freedom nationwide
- ✅ Full flexibility to switch to a different Supplement at any time in NY without any delay
How The Deductible Works
The main difference between the High Deductible G+ plan and other Medicare Supplement plans is how you pay for your coverage. The G+ plan offers much lower monthly premiums in exchange for a higher annual deductible of $2,950.
With the G+ deductible, Medicare always pays 80% of the Medicare-approved amount for covered services—such as doctor visits, labs, and imaging—and you are responsible for the remaining 20% until your out-of-pocket costs reach the $2,950 deductible. Once you meet that deductible, all covered expenses are paid at 100% for the rest of the year.
If you do reach the deductible, your maximum annual exposure is still lower than with other Supplement plans. And if you don’t hit the deductible, you save even more thanks to the significantly lower premiums.
The Bottom Line
Switching your Supplement Plan in New York is simple, because there is no medical underwriting. You can move your current Supplement plan to the G+ at any time and move back to your old carrier if for whatever reason you are not satisfied.
Switching to the high deductible G is an obvious way to save money, while maintaining the same exact coverage as you currently have.
