MyMedicareQuotes Prepares for Plan F to No Longer Be Available in 2020 - Insurance News | InsuranceNewsNet

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June 1, 2016 Newswires
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MyMedicareQuotes Prepares for Plan F to No Longer Be Available in 2020

ReleaseWire

Doylestown, PA -- (SBWIRE) -- 06/01/2016 -- MyMedicareQuotes is an agency located in Bucks County, PA, that has been providing health insurance for individuals, senior citizens, and families for over 25 years. They make it easier for their customers to find the correct medical plan under Medicare. The agency helps people find the best plan to suit their needs for the most affordable price. There are many different Medigap coverage plans to choose from; however, Medigap Plan F will not be available starting in 2020, and MyMedicareQuotes suggests beneficiaries consider a different plan instead, such as Plan G or Plan N.

Because this plan will have no new beneficiaries after 2020, MyMedicareQuotes predicts that Plan F rates will increase. The risk pool for Plan F will grow smaller, older, and sicker, and those left on the plan may eventually have to pay larger premiums. Seniors who are now covered under Plan F should consider changing their coverage while they are still young and healthy enough to make the change. Changing it may become more difficult as they get older because most Medigap plans ask health questions to see if applicants qualify.

MyMedicareQuotes is preparing for the removal of Plan F in 2020, and they want their customers to be prepared, too. They suggest switching plans while beneficiaries are still young and healthy, before Plan F no longer accepts new applicants and the prices increase. MyMedicareQuotes can help customers to find the best plan to switch to.

To learn more about Plan F and other Medigap Plans, contact MyMedicareQuotes at 1-215-987-5341.

About MyMedicareQuotes
MyMedicareQuotes has provided health insurance for over 25 years to individuals, senior citizens, and families. They are based in Doylestown, PA, and located in various areas throughout Pennsylvania. This agency specializes in Medicare Supplement, Medicare Prescription Drug Plans, Dental Insurance, Individual Health Insurance, and more. MyMedicareQuotes provides quotes for these plans and helps customers find the right plan for them.

To learn more about MyMedicareQuotes, view their website http://mymedicarequotes.com/.For more information on this press release visit: http://www.sbwire.com/press-releases/mymedicarequotes-prepares-for-plan-f-to-no-longer-be-available-in-2020-694284.htm

Media Relations Contact

Marissa BelkoEmail: Click to Email Marissa Belko
Web: http://mymedicarequotes.com/

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