What does a high-deductible AARP Medicare Supplement plan provide?

A high-deductible AARP Medicare Supplement plan is designed to offer lower monthly premiums while requiring higher out-of-pocket costs before the coverage begins to pay for eligible expenses. This structure makes such plans attractive for individuals who are generally healthy and do not expect to incur significant medical costs. By opting for a high-deductible plan, beneficiaries can save on monthly premiums, making it a cost-effective choice, especially if their healthcare usage is minimal.

This plan serves as a way to balance out the overall costs of healthcare for those who are willing to take on a larger financial risk in exchange for lower regular payments. Once the deductible is met, the plan kicks in to cover additional costs, which can provide significant financial assistance during higher-than-expected medical needs.