As Medicare subscribers start to plan ahead, many of them will be looking for the best Medicare Supplement Plans for 2018. It’s not so far away that people should refrain from planning for it, and those who are prepared are going to save a lot of money.
Finding the Best Plans
But it is important to note that there isn’t a supplement plan that can be singled out as the best. To say that any of the plans is better than any other is simply wrong, because they all serve different purposes. No plan is meant to be superior to others, even if some have more coverage than others. That’s because as the coverage increases, so too does the cost of the plan. So those hoping to save money by buying a full-coverage plan may actually lose that savings after they pay the premiums on their full-coverage plan.
Some insurance companies and Medicare subscribers will tout Plan F as the best plan out there, but all it really is is the plan with most coverage. It may not be the best plan for you. If you chose Plan F, but you don’t have any serious medical conditions and you don’t visit the hospital frequently, then you will certainly be losing money on it. You may not need any supplemental plan at all.