Medicare Supplemental Insurance (Medigap) fills coverage gaps in Original Medicare, like deductibles, coinsurance, and copayments. Here's a side-by-side comparison of top providers and Medigap plans.
Top Providers
1. United American Insurance
- Plans Available: A, B, D, G, K, L, M, N (plus high-deductible F & G for $2,700).
- Features:
- Available in all 50 states.
- Guaranteed renewable policies (coverage can't be canceled if premiums are paid).
- Covers any Medicare-accepting doctor nationwide.
- Drawbacks:
- Policies must be purchased by phone.
- Customer Feedback: Positive reviews for service and affordability, though online purchase is unavailable.
2. AARP Medicare by UnitedHealthcare
- Plans Available: All standard Medigap options (varies by state).
- Features:
- Predictable out-of-pocket costs.
- Easy online signup and management tools.
- Coverage for international travel.
- Drawbacks:
- Not all plans are available in every state.
- Mixed reviews on dental/vision accuracy in provider directories.
- Customer Feedback: Customers praise reliability but criticize outdated provider listings.
3. Mutual of Omaha
- Plans Available: Most popular are F, G, and N.
- Features:
- Discounts for household members (up to 12%).
- Access to fitness, wellness, hearing, and vision discounts.
- Simple, instant online quotes.
- Drawbacks:
- Policies must be purchased by phone.
- Customer Feedback: High satisfaction for affordability but occasional complaints about claims processing.
Medigap Plan Highlights
- Plan A: Covers basic benefits (hospital stays, copayments, hospice).
- Plan B: Includes Plan A benefits + Medicare Part A deductible.
- Plan C: Includes Part B deductible (not available post-2020).
- Plan F: Most comprehensive (includes excess charges) but restricted post-2020.
- Plan G: Similar to Plan F, excludes Part B deductible.
- Plan K & L: Partial coverage with yearly out-of-pocket limits.
- Plan N: Cost-sharing with lower premiums; copays for office visits and ER.
Medigap Pros and Cons
Pros
- Freedom to choose doctors and hospitals nationwide.
- Comprehensive coverage for out-of-pocket costs.
- Standardized plans make comparisons easier.
Cons \u274c
- Monthly premiums required.
- Excludes dental, vision, and long-term care.
- Limited provider options in certain areas.
Tips for Choosing a Medigap Plan
- Assess Coverage Needs: Match plans to your typical healthcare usage and travel needs.
- Compare Costs: Request quotes for multiple plans and check for discounts.
- Check Reviews: Look for customer feedback on service and claims processing.
- Enrollment Timing: Enroll during your Medigap Open Enrollment Period for guaranteed pricing and options.
FAQs About Medigap
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Can I switch plans?
Yes, but switching outside open enrollment may require medical underwriting.
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Does Medigap cover international travel?
Plans C, D, F, G, M, and N cover 80% of emergency healthcare abroad.
-
What does Medigap not cover?
- Dental and vision care.
- Hearing aids.
- Long-term care services.
Summing it up
Choosing the best Medicare supplemental insurance requires evaluating your health needs, budget, and provider reliability. Companies like United American, AARP by UnitedHealthcare, and Mutual of Omaha stand out for their flexible plans and positive customer experiences.
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