What Is Medicare Supplement Plan J?
1805 POINTSview profileSamuel SmithEnrolled Agent-licensed to practice before the IRS, Samuel N Smith, EA, South CarolinaI found your question to be really interesting. In some states Plan J has been discontiued. In researching your question I found an "advisor" on line that emphatically states, " if you still have this type of policy you should change". Then it appears that the Plan J policy has a $2000 deductible that has to be paid before any benefits are paid. If this policy has a $2000 deductible then I tend to agree with the "on-line advisor" and you need to change to a policy that is more commonly sold by the main line companies involved in the medicare supplement businessAnswered on November 17, 2013flag this answer
2275 POINTSview profileBill LougheadPresident, SummitMedigap.com, CO, FL, GA, MI, NC, SC & TXMedicare Supplement Plan J was a good plan, however, it is no longer offered in any state. Medicare Supplement Insurance Plans can not vary by state. If they stop offering Plan J in one state then they stop in all states. Any person who still has a Plan J can keep that plan the rest of their life if they would like. However, with no new premium coming in from new customers the only way insurance companies can deal with rising healthcare costs will be to raise the premiums on Plan J. It would make sense for someone with Plan J to compare plans to see what is available. Plan F is the most similar to Plan J but Plan G is also something to consider.Answered on November 18, 2013flag this answer
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