Compare Medicare Supplement Plans 2021
Medigap plans can supplement your Medicare coverage and keep your expenses low.
These are Medicare Supplement plans that cover medical expenses that Medicare doesn’t, giving you greater protection and peace of mind.
When you compare Medicare Supplement plans for 2021, you can see which one might be the right fit for you.
It’s time to start looking ahead to what’s coming next year and preparing yourself for the kind of healthcare coverage that you will need.
Medicare Supplements Provide Diverse Coverage
As a Medicare subscriber, you know what you get from Original Medicare.
Seniors are covered for Medicare parts A and B, but then they have to pay for the deductibles, copayments and other expenses related to those parts of Medicare.
Those expenses can start to add up, and a Supplement plan can cover most or all of those expenses for you.
There are a lot of seniors who go for medical treatment with their medical plan protecting them and then who are surprised by how much they have to pay after they leave the hospital or doctor’s office.
They are surprised at how expensive their visit was, because they assumed that Medicare would take care of a lot of expenses for them.
Medicare does that, but there are many expenses it simply isn’t designed to cover.
Original Medicare is not meant to be a full coverage, comprehensive medical care plan.
Supplement plans are great for stepping in and providing some extra coverage, filling in the gaps that Medicare leaves.
This is why they often go by the name Medigap.
A Supplement plan can cover all sorts of different medical expenses for you.
Here are the ones your plan could be covering:
- Medicare Part A’s deductible
- Medicare Part B’s deductible
- Medicare Part A’s copayment
- Medicare Part A hospice consonance
- Medicare Part B’s copayment
- Medicare Part B excess charges
- Nursing care coinsurance
- Three pints of blood annually
- Foreign travel exchange (the cost of being transported outside the country for medical care)
Compare Medicare Supplement Plans 2021 enter your zip code below
Compare Different Kinds of Supplement Plans
We have just listed the coverage items these plans could contain, and now we want to tell you a bit about some of the various Supplement plans.
One thing to note about them is that whichever insurance company you pick is not going to offer all of the available Supplement plans.
The insurance company will pick a few of them that it thinks will be of value to its members and then leave off the rest.
So, if you have your heart set on a specific Supplement plan, then just keep looking to find an insurer who offers it.
You can use our site to do that, as you can search by Supplement plan and then find insurers that offer that plan.
Medicare Supplement Plan F is the full coverage plan that offers you coverage for everything we mentioned on our list earlier.
It will cover you for all supplemental expenses, but there is one drawback to this plan- it is no longer being sold to new Supplement plan subscribers.
Only people who have Plan F already can still get it.
Everyone else will have to choose a different Supplement plan.
This is the case for Plan C as well.
Plan C is a high coverage Supplement plan that includes coverage for all of the supplemental expenses except for Part B’s excess charges.
Plans F and C were discontinued for all but those who stayed signed up with them.
The reason is because they are generally considered to be poor value plans.
They cost a lot but don’t offer significantly more coverage than similar plans like Plan G and Plan N.
Let’s look at those two briefly.
Plan G is the highest coverage plan that anyone can still sign up for.
It is offered by most insurance companies, since it is considered to be one of the best plans.
It is certainly the most popular, at the moment.
Plan G will cover seniors for Medicare Part A’s copayments, deductible and hospice care coinsurance.
It also covers the cost of Medicare Part B’s copayment and excess charges.
Blood usage, foreign travel exchange and nursing care coinsurance are all covered as well.
The one item it doesn’t cover is the Medicare Part B deductible, but you should only have to pay $198 a year for that in 2021.
The price increases every now and then, but by just a few dollars.
It is generally considered cheaper to pay for that expense out of pocket than to have it covered by a Medicare Supplement plan.
Plan N is worth talking about as well, and this is another Supplement plan that is sold quite frequently by health insurance companies.
It will cover you for all the Medicare Part A expenses and some of the Part B ones.
It won’t cover the Part B deductible either, and it won’t cover Part B’s excess charges.
It also asks that you pay for some of the Part B copayments.
However, Plan N will cover you for blood usage, nursing care and foreign travel exchange.
These are all of the high coverage plans, which are the ones that most people will enroll in.
You may prefer something lower coverage, and there are options that give you that low coverage, if that is what you need.
If you aren’t sure what kind of coverage plan would work best for you but you know you need a Medicare Supplement, then you should compare plans to what your current needs are.
You can assess your out-of-pocket costs and determine how much of that you would like to get covered by a Supplement plan.
Compare the Costs
Of course, which plan you can enroll in will be partly determined by how much the plans cost and what you can afford to pay.
The high coverage plans cost the most, of course, but even those can be found at a low, affordable rate.
You just have to do some looking. Our site will empower you to search effectively, saving you time and eventually saving you some money.
When you compare Medicare Supplement plans for 2021, you will definitely want to compare the cost of the plans, and our site is your best resource for doing that.
You can use our site to perform a search for Supplement plans in your area.
The price of these plans does change based on where you live, so that is why we use your zip code as we source quotes for you.
All quotes come directly from the insurance companies that are selling this plans, so you can know for sure that they are accurate.
You’ll get a list of results back from us in a few moments, and there is no faster way to find these results.
You could go to the insurance companies and request a quote, but they only give you quotes for their plans.
With our site, you can get quotes from a few different insurance companies and see how they compare to one another.
Get as many quotes as you can if you want to find a good deal.
Some insurance companies charge way more than the average for their plans.
Also keep in mind that you will see different rates for the exact same plans. The coverage on these plans doesn’t change just because the rates do.
There may be some perks attached to choosing one insurance company over another, but the actual medical insurance does not change.
Plan G is always going to be the high coverage Supplement plan that takes care of all supplemental expenses except for the Part B deductible, whether you pay a lot or a little for it.
Compare Medicare Supplement Plans 2021 enter your zip code below
Compare Insurance Providers
As you compare plans, it is also important that you compare the different providers who sell the plans.
They may all be selling medical insurance policies that offer the exact same coverage, but they do it in different ways.
Of course, there are different rates to consider.
You probably want to go with one of the cheaper options there.
But there are other factors to consider as well.
You may want to look at the insurance company’s reputation.
Do they take good care of their customers? Are they responsive?
You may also want to consider the perks that they offer.
Some insurance companies will give you free gym membership or other perks jut for enrolling with them.
This can help the insurers stand out from one another, and the more you get to know what they have to offer, the easier it will be to decide whether they are right for you.
Another question to consider as you try to choose the right insurance provider for your Supplement plan is whether they are a stable company or not.
An insurance company with strength will not be financially unstable.
They will be able to give you similar pricing year after year without drastic changes.
Let’s look now at a few of the top insurance companies that sell Medicare Supplements.
Mutual of Omaha
Many seniors trust this company for its stability, fair pricing and great customer service.
This insurance offers a solid lineup of plans and affordable pricing, and they are really good at providing their members with perks that make their Supplements plans have more value.
Blue Cross Blue Shield
This insurance provider has some of the lowest prices you will find, and because of that, they cannot offer some of the perks of the larger or more expensive companies.
No one does senior care better than AARP, and a new partnership with United Healthcare means that they have more to offer than ever.
Before You Compare, See If You Can Enroll
Not everyone can get a Medicare Supplement plan.
They do have some eligibility requirements that you should know about.
If you are 65 or older and you have an active, valid Original Medicare plan, then you should be good to go.
You should not be turned down for the Supplement plan that you want.
You can enroll around your 65th birthday, but if you miss that enrollment period, you will have another opportunity.
You can enroll any time after you turn 65, but you may not be approved for the plan that you applied for.
You may also not get the great rates that you are guaranteed when you enroll during the initial eligibility period.
Do you want to enroll before you turn 65? In some cases, that will be allowed, particularly in cases where the person has a serious medical condition, such as a disability.
If you are not sure if you might qualify for Medicare Supplements, then you can always give us a call.
We can answer your questions and help you to make the right coverage decision.
The best time to enroll in around your 65th birthday, and you will start to receive coverage from your plan shortly thereafter.
However, some states allow for different enrollment times, so check with your state laws or talk to us about your options for where you live.
You should also know that Medicare Supplements will conflict with some kinds of medical insurance plans.
If you have a Medicare Advantage plan, for example, then there is going to be some overlap.
You cannot be enrolled in both a Supplement plan and an Advantage plan at the same time.
The same goes for most medical insurance plans that come from unions or employers.
Those tend to cover some of the same items as Medicare Supplements, so you generally need to choose between your union plan or a Supplement plan.
Supplement plans do work very well with Medicare Part D plans, though.
There is no overlap, and they complement one another nicely.
You may want to consider the Part D prescription drug plan to help you out with medication costs, if you have a few prescriptions to fill each year.
For more information about how to compare Medicare Supplement plans for 2021 and for medical insurance in general, come talk to us.
Use our site to source some quotes and start comparing the plans that are available.