New Era Life’s focus as an insurance company is on making sure that the coverage plans it offers are affordable for its clients. This makes them a good fit for Medicare subscribers who need a way to obtain more coverage while still saving money. That’s why many of these subscribers may be looking to sign up for the New Era Medicare Supplement Plan F in 2018.
A B+ rated company by A.M. Best, which is “secure”, New Era Life Insurance is well-known for its low premiums and low rate increases each year. One plan that many people will be looking at in the coming year is Plan F.
This plan is one that covers all aspects of supplemental expenses. This includes all the copayments, coinsurance and deductibles that Medicare parts A and B require of Medicare subscribers. It also includes excess charges that come from Medicare Part B expenses and the nursing care, additional blood and foreign travel costs for medical care that many people need from time to time.
With this kind of extensive coverage, those who have plan F don’t have to worry much about paying for other medical expenses. There may be a few minor ones they have to pay out of their own pockets. These could include any coinsurance beyond what is covered by Plan F and Medicare as well as any charges that are not considered to be supplemental. But these charges are typically few and far between, even for people with serious medical problems.
Those who have Plan F or who are looking to sign up for it can take some consolation in knowing that the coverage the plan offers won’t be changing in 2018. The coverage is expected to stay in its current form at least through that year.
Beyond coverage changes, rates for the supplemental plans change as well. While New Era Life works to keep its prices low, it is subject to inflation like every other company and New Era Medicare Supplement Plan F for 2018 is likely to be a more expensive plan that what is being offered right now. If you want to keep up one the current rate, you can check with us until you are ready to sign up for the plan.