The Medicare Part B Deductible and the new law about Medicare supplement plans

The Medicare Part B Deductible and the new law about 2019 Medicare supplement plans

Congress has passed a new law that has a lot to do with the Medicare part B deductible. If you still haven´t heard about it, you might want to keep reading, as this new law might start affecting your health care insurance too!

Medicare Part B Deductible

If you are enrolled to a Medicare supplement plan that doesn´t cover the Medicare part B deductible, then you don´t have to worry. There will be no changes affecting you. The changes made will affect those, who are enrolled to Medicare supplement plans that cover for this expense. Why? Because the new law forbids health insurance companies to sell supplement plans that cover the part B deductible.

The Pro-Argument

This deductible is an annual amount of 183$. The reason why health insurance companies aren´t allowed to offer plans covering them, is due to the belief that this will help prevent people from overuse of the health system. If a supplement plan covers for all costs and the patient only needs to pay their premium rate, they might end up visiting the doctor´s office for small accidents, such as small cuts, or conditions that can also be healed at home, such as a harmless cold. With a cold, most know many home remedies to fight it and usually a cold goes away on its own after a couple of days, or up to a week. It is not really necessary to visit the doctor´s office as soon as we have a sore throat or start coughing a few times a day. It is exactly these cases that the law is trying to prevent. If the patients need to pay at least some amount, then they won´t visit the doctor´s office as often!

The Contra-Argument

Although this law has been passed, there were many who didn´t agree with it. Medicare supplement plans who covered (and still cover) the Medicare part B deductible, are also more expensive. So if a patient is already paying the most for a supplement plan, why shouldn´t he be free to make use of it and visit a professional whenever they want to?

All in all, this new law is coming and every health insurance company as well as their members will need to adjust to it. Two Medicare supplement plans will be affected: the Medicare supplement plan F and the Medicare supplement plan C. Both of these cover for the 183$ deductible, which is why starting January 2020, they will no longer be available for new members. The already existing members will be able to continue their use of these plans and their benefits. So, if you really wanted to be a part of the supplement plan F or C, make sure to enroll before the 1st of January, 2020. A good alternative to these plans is the Medicare supplement plan G. This one is perfect, because it covers all the expenses, apart for the Medicare part B deductible and is therefore not affected by the new law!