Best Medicare Supplement Plans in Alabama
There are ten Medicare Supplement Plans in Alabama to choose from.
Medicare Supplement Plan G is the best plan for most beneficiaries in Alabama and offers comprehensive benefits. We also found Plan N the second best option, followed by High Deductible Plan G.
How Much Do They Cost per Month?
- Plan G: $122 to $230
- Plan N: $82 to $185
- High Deductible Plan G: $43 to $123
What Do Medicare Supplement Plans Cover?
Below is a list of the top four plans with coverage highlights:
Most Popular: Medicare Supplement Plan G
- Plan G is the most comprehensive for those whose Medicare coverage starts after Jan. 1, 2020
- Pays everything Plan F does except for Medicare Part B deductible
- Lower monthly premium compared to Plan F for those who have the option to choose either
- Covers Part B excess charges and coinsurance plus copayments and foreign travel emergency expenses.
Best Value: Medicare Supplement Plan N
- Comprehensive coverage
- Lower monthly premium in return for adding copayments
- Plan N has an office copay of up to $20
- Emergency room visit copay of up to $50 (waived if admitted)
Best Low-Cost Plan: High Deductible Plan G
- Same Benefits as Medicare Plan G
- Annual Deductible of $2,700
- Significantly Cheaper than Medicare Plan G
- Considerably Cheaper than High Deductible Plan F yet Covers everything in high deductible F except for the Part B Deductible.
- High Deductible Plan G offers the lowest premium of any Medigap plan today.
Best Full Coverage: Medicare Supplement Plan F
- Plan F is the “best full coverage” plan, covering all Part A and B expenses.
- The downside is that your Medicare eligibility must start before Jan. 1, 2020, to enroll in this plan.
What’s the Most Popular Medicare Supplement Company in Alabama?
Based on our review of several key factors, Cigna is Alabama’s top Medicare Supplement company.
Although Cigna Medigap plans may provide some of the most affordable options in Alabama, cost should not be the only factor when selecting a Medicare Supplement provider. Every company has its unique pros and cons based on its coverage methods.
Cigna stands out among the competition due to its cost-effectiveness, numerous plan options, household discounts on premiums, and excellent customer satisfaction ratings.
This chart compares Cigna with other Medicare Supplement companies in Alabama. You’ll find helpful information here, like sample premiums and ratings.
| Plan G Cost | Company | Financial Strength |
|---|---|---|
| $153 | Cigna | A |
| $163 | Mutual of Omaha | A+ |
| $178 | Aetna | A |
| Plan N Cost | Company | Financial Strength |
|---|---|---|
| $103 | Cigna | A |
| $105 | Aetna | A |
| $106 | Mutual of Omaha | A+ |
When Can I Apply for a Medicare Supplemental Plan?
Medicare Supplement insurance plans do not have an annual enrollment period like Medicare Advantage and Medicare Part D plans. The best time to enroll is when you’re first eligible — your Medigap Open Enrollment Period — because you have guaranteed issue rights:
- Guaranteed coverage
- No medical underwriting
- Pre-existing conditions covered
There are a few other times when guaranteed issue rights apply:
- Your insurance provider goes bankrupt
- Your employer group coverage ends
- You move out of your plan’s service area
How Do I Apply for Medicare in Alabama?
Contact Social Security to sign up for Medicare.
You can either:
- Sign up for just Part A (Hospital Insurance) and Part B (Medical Insurance).
- Apply for Social Security (or the Railroad Retirement Board) benefits. You’ll get Part A automatically once you start getting benefits. You’ll choose if you want Part B when you apply for benefits.
Know when to sign up for Part B
You can only sign up for Part B at certain times. If you don’t sign up for Part B when you turn 65, you might have to wait to sign up and pay a monthly late enrollment penalty. Find out when you can sign up.
Ways to sign up:
- Online (at Social Security) – It’s the easiest and fastest way to sign up and get any financial help you may need. (You’ll need to create your secure My Social Security account to sign up for Medicare or apply for benefits.)
- Call Social Security at 1-800-772-1213. TTY users can call 1-800-325-0778.
- Contact your local Social Security office.
- If you or your spouse worked for a railroad, call the Railroad Retirement Board at 1-877-772-5772.
About two weeks after you sign up, you will be mailed a welcome package with your Medicare card.
How to Choose a Medigap Plan in Alabama
As you compare plans available in your area, consider these factors:
Monthly premium: This is paid in addition to your Part B monthly premium. It is a set amount you pay each month, regardless of whether or not you use your benefits. The premium costs are determined based on several factors, such as the type of plan selected, age, gender, tobacco use, and state of residence.
Plan options: With every type of plan, you are offered basic coverage for Part A copays and coinsurance, at least a portion of the Part B copays and coinsurance, three pints of blood, and hospice care. However, other benefits may not be included. Check which benefits are most important to you before finalizing your purchase.
Insurance provider: Always check the ratings and reviews to understand other people’s experiences when looking for a carrier. You can also contact a company representative to discuss their customer service levels and responsiveness.
Extra discounts: Some insurance companies offer additional benefits or discounts once you become a member. For example, you may have access to discounted hearing aid providers or eyeglass suppliers.
Frequently Asked Questions:
Premiums for Medigap Plan G are typically $122-$230 but may vary monthly by provider. The policy covers copayments and coinsurance for various services, such as doctor visits, hospital stays, and lab tests.
Many beneficiaries often weigh their options between Aetna and Cigna. Both companies have a long-standing presence in the state and offer a wide range of plans to suit various needs and budgets.
Next Steps
We specialize in guiding Medicare beneficiaries through their Medicare insurance options. We work with some of the nation’s top-rated Medigap carriers so that you can be sure you’re getting the best possible service. Take a deeper look at the plans by reviewing our Medicare Supplement Plans Comparison Chart. Additionally, you can give us a call today to learn more or request a quote online.
Article Resources:
- Types of Medigap Plans
- How Much Do Medigap Plans Cost?
- When Can I Apply for a Medicare Supplement Plan?
- How Do I Enroll in a Medigap Plan?
- When Can I Change Medigap Plans?
- Can I Be Denied Medigap Coverage?
- CMS Medicare Services
- Alabama Department of Insurance
Disclaimer:
Average quotes are for sample purposes only. Actual premiums are based on several factors, including health conditions, age, location, tobacco status, gender, and insurance provider.
