The high F Medicare supplement plan is not well understood by consumers and insurance brokers. In the state of Connecticut this is a shame because if people did understand it well, about 90% of those with a Medicare Supplement plan would have it.
The plan is priced tremendously well in CT at $35.00 a month. With this price point, the math on the High F plan comes out better than the math on any other supplement including the AARP Plan F supplement priced at $214 a month.
Here is how High Deductible F works-(This is a very simplified version but you will get the point): Medicare Part A covers hospital costs after a $1,200 deductible and Medicare Part B covers 80% of doctors and testing costs. The anthem High F, will cover 100% of costs once a consumer spends $2,070. out of pocket in a year. At $35 a month, the math can not be beat. Try the math versus any other Medicare Supplement plan on the market and see how it comes out. Keep in mind that only 1% of Medicare consumers with a high deductible F plan every actually hit their deductible.
There are very few situations when a person should have a Medicare supplement plan other than Anthem High F supplement in Connecticut. Unfortunately,a lack of understanding from Medicare recipients and the low commission paid to brokers will limit the number of people that have this plan