Best Medicare Supplement Plans in Arizona 2024
There are ten Medicare Supplement plans in Arizona to choose from.
Medigap Plan G in Arizona is the best plan for most beneficiaries in 2024, followed by Plan N and High Deductible Plan G.
How Much Do They Cost per Month?
- Plan G: $114 to $222
- Plan N: $103 to $155
- High Deductible Plan G: $50 to $78
Review the top four plans more closely and explore their key coverage highlights:
Most Popular: Medicare Supplement Plan G
- With nearly 122,000 beneficiaries enrolled, Medigap Plan G stands as Arizona’s most comprehensive Medicare Supplement insurance plan.
- Medicare Plan G offers lower premiums with almost the same benefits for those also qualified for Plan F.
- It covers Part A deductible but not Part B deductible.
- Covers Part B excess charges and coinsurance plus copayments and foreign travel emergency expenses.
Best Value: Medicare Supplement Plan N
- With a current enrollment of nearly 25,000, Plan N offers more affordable monthly premiums in exchange for slightly less comprehensive coverage.
- Medicare Part B deductible and Part B excess charges are not covered.
- Covers deductible for Medicare Part A.
- Plan N requires up to a $20 copay for doctor’s office visits.
- Emergency room visits require a copay of up to $50. However, if the beneficiary is admitted, the copay is waived.
Best Low-Cost Plan: High Deductible Plan G
- Same benefits as Medigap Plan G.
- Annual deductible of $2,700.
- Significantly cheaper than Medigap Plan G.
- High Deductible Plan G is considerably cheaper than High Deductible Plan F yet covers everything in High Deductible F except for the Part B deductible.
Best Full Coverage: Medicare Supplement Plan F
- Medicare Plan F is the most comprehensive Arizona Medigap insurance policy for beneficiaries with a Medicare Part B effective date before January 1, 2020.
- Currently more than 146,500 enrolled individuals.
- It covers Medicare Part A deductible and Medicare Part B deductible.
- Covers Part B coinsurance, excess charges, copayments, and foreign travel emergency expenses.
What’s the Most Popular Medicare Supplement Company in Arizona?
Ace Property and Casualty Insurance Company in Arizona distinguishes itself by providing the most competitive rates for both Plan G and Plan F.
While their Medigap plans offer affordability, it’s important to consider more than just cost when choosing a Medicare Supplement provider.
This chart compares Ace with other Medicare Supplement companies in Arizona, providing helpful information on premiums and ratings.
| Company | AM Best Rating | Plan G Rates | Plan A Rates | Hi-F Rates | Plan F Rates |
|---|---|---|---|---|---|
| Ace Property and Casualty Insurance Company | A++ | $114.50 | $113.33 | n/a | $130.42 |
| AFLAC | A+ | $115.35 | $121.57 | n/a | $144.21 |
| American Home Life Insurance Company | B++ | $115.65 | $118.17 | n/a | $135.43 |
| Cigna National Health Insurance Company | A | $116.66 | $109.74 | n/a | $137.18 |
| Manhattan Life Assurance Company | B++ | $117.50 | $124.00 | n/a | $147.08 |
| SBLI USA Life Insurance Company, Inc (Prosperity) | A- | $119.63 | $118.75 | n/a | $134.94 |
| United States Fire Insurance Company | A | $119.83 | $120.83 | n/a | $143.50 |
| American Benefit Life Insurance Company | A- | $119.85 | $119.18 | n/a | $148.31 |
| Aetna Health and Life Insurance Company | A | $122.45 | $120.45 | n/a | $151.19 |
| New Era Life Insurance Company | A- | $124.14 | $119.60 | $39.63 | $162.38 |
| Amerigroup (an Anthem Company) | A | $127.15 | $110.45 | n/a | $165.10 |
| Mutual of Omaha Insurance Company | A+ | $127.65 | $120.26 | n/a | $156.29 |
| Humana Insurance Company | A- | $129.24 | $130.59 | $45.35 | $154.08 |
| Elips Life Insurance Company | A | $131.08 | $129.67 | n/a | $157.17 |
| Capitol Life Insurance Company | A- | $135.66 | $134.31 | n/a | $170.52 |
| Allstate Health Solutions | A+ | $137.09 | $131.48 | $52.33 | $170.14 |
| Union Security Insurance Company | B++ | $141.34 | $142.30 | n/a | $169.80 |
| Bankers Fidelity Assurance Company (Preferred) | A- | $144.41 | $134.18 | n/a | $161.86 |
| Medico Insurance Company (Preferred) | A | $145.20 | $155.49 | $52.74 | $175.79 |
| United American Insurance Company | A | $148.00 | $153.00 | $49.00 | $267.00 |
| Guarantee Trust Life Insurance Company | A- | $206.69 | $191.52 | n/a | $256.23 |
| GPM Health and Life Insurance Company | A- | $221.59 | $217.02 | n/a | $324.29 |
Are Medigap Premiums Tax Deductible?
Medigap premiums can be tax deductible under certain conditions. If your total medical and dental expenses, including premiums, exceed 7.5% of your adjusted gross income, you may be eligible for a deduction.
However, these rules are subject to change in Arizona, and it is always recommended to consult with a tax advisor or professional for the most accurate information.
Additionally, if you are retired or disabled, you may be eligible for assistance in paying your Medigap premiums through the Medicare Savings Programs. These programs can provide support based on income and asset limits.
You should contact your State Health Insurance Assistance Program (SHIP) to determine eligibility.
When Can I Sign Up for a Medicare Supplement Plan?
Your eligibility for a Medicare Supplement insurance plan in Arizona begins the month that you enroll in Medicare Part B and are 65 years old. That month begins your Medigap Open Enrollment Period, which lasts six months.
You should simultaneously sign up for a Medicare Part D plan since Medigap insurance doesn’t include prescription drug coverage.
You will receive the best rates during that period because you’re entitled to the following social security guaranteed issue rights:
- The insurance company must accept your application for coverage.
- You must receive the same rates as other Medicare beneficiaries applying for the same plan, regardless of your health condition or medical history.
- Your plan will automatically renew yearly as long as you pay your monthly premiums.
You can apply for Arizona Medigap plans after your Open Enrollment Period but will undergo medical underwriting. In addition, pre-existing conditions are likely to increase your rates dramatically, and Medicare insurance companies can deny your coverage if you don’t qualify for a special enrollment period.
What’s Next?
We specialize in providing expert guidance to Medicare beneficiaries when it comes to navigating their Medicare insurance options. By collaborating with some of the nation’s top-rated Medigap carriers, we ensure that you receive the highest level of service possible.
Take a moment to review our comprehensive Medicare Supplement Plans Comparison Chart and delve deeper into the available plans.
Moreover, you can reach out to us today to learn more or conveniently request a quote online.
Frequently Asked Questions:
The most popular are Plan G and Plan N. Each plan provides different levels of coverage for different types of healthcare costs, such as doctor visits, hospital care, and nursing home care.
The average cost for a policy can range from $50-$250 per month, depending on your age, plan type, and factors such as gender and tobacco use.
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
- Arizona Senior Health Insurance Assistance Program
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.
