Thanks. That is what I was thinking, but it's reassuring to know that other knowledgeable posters are seeing things the same way. It is actually somewhat baffling that they would be selling any regular Plan G in my area because of this. But, I'm sure us Bogleheads are in a very small minority that actually run the numbers and set the emotions aside. Agents likely love those other guys.Just quickly looking at your numbers, if the difference between Plan G and Plan G-HD premiums is $2,280 a year and the difference in maximum out-of-pocket is $2,617 ($2,870 less the $257 Part B deductible), then Plan G-HD can only cost you $337 in a “bad”year and Plan G-HD should be an easy decision (unless you have health issues right now).
I would have been saving over $2,000 each year in your situation and if I would hit the Plan G-HD maximum out-of-pocket each and every year from here on in, I would be able to cover the $337 maximum exposure till I was over 90 years old.
I'm starting to understand why there are many more companies offering Plan G in my area than Plan G-HD.
Statistics: Posted by FreddieFIRE — Fri Jan 10, 2025 4:35 pm