Going on 73, Medicare is right around $200 and plan F supplement is $180 drugs is $7. All out of Social Security each month. IF you have major health issues get the Plan F supplement, they pay ALL nothing out of your pocket. If healthy get the one with no payments but the copay. But you’re screwed if something catastrophic shows it self. I had no health problems before 65 after upwards of $600,000 worth of problems, glad I had total payment and piece of mind. I had BCBS first 4 years $$ now CVS-Aetna for half their price. Check around for prices for same sup plan. Medicare pays most all the bill supplement catches what’s left (ripoff), but that’s what cleans you bank out. Luckily I found an independent agent to go over ALL the companies plans not just one.
The problem with Plan F is that it is not available anymore. It is grandfathered to people that had it prior to 2020 but after that it was gone. Plan F paid all the deductibles and the Feds couldn't have that, it made people tend to use health care too much. If you look at the history of Medicare it has been on a constant path to ration healthcare.
the first two yearsIi went with a supplemental plan that cost about 200 a month. After not really using it (2400.00) but having a lot of other expenses that an Advantage plan would have covered I was out over 4500.00 x 2 = 9K
So the 3rd year Switched to an Advantage plan at 0 cost but a 5K deductible.
I have used 3-4 K of "Free" included coverages ( hearing aids, dental, glasses). So if I have a catastrophic problem and hit that 5K deductible I will break even or possibly be ahead. (Premiums saved + freebies)
Had I done this the first two years I would likely be about 8-10K further ahead ( 2 years premiums + freebies).
