High Deductible Options
Medicare supplements have a high deductible option on Plans F. On this plan, a person with Medicare Parts A and B can choose a plan with a deductible of $2,000 in 2011. The benefit for the insured is lower premiums. Often the premiums are half of what they would have been if the standard Plan F had been chosen. Obviously, the downside is more financial responsibility on the part of the insured. With a high deductible plan, the insurance company does not start paying until the insured has met the...